Morningstar: Semiliquid Funds Are Not the Diversifiers Advisors Think They Are

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. A new Morningstar report, The Role of Semiliquid Funds in Portfolios, argues that private market allocations through semiliquid funds don’t serve as diversifiers for traditional portfolios. Instead, financial advisors should view semiliquid funds that invest in private equity or private credit as expanding their clients’ overall equity and credit allocations. The findings counter one of the key ...