Morningstar to Launch Public-Private Model Portfolios with Funds from Apollo, Franklin Templeton, JPMorgan
Morningstar Wealth is set to launch six model portfolios later this year that combine traditional ETFs and interval funds. These will be Morningstar's first portfolios offering exposure to both public and private markets for advisors. The initiative reflects a growing trend in wealth management where advisors use outsourced models, now managing around $8 trillion across more than 80% of fee-based advisory firms.
Topics: ETFs interval funds model portfolios public-private investments wealth management