Core Insights - The growing interest in alternative investments is reshaping portfolio strategies, particularly as traditional stock and bond correlations have shifted [5][6][32] - The demand for income-generating strategies is driving retail investor interest in alternatives, with many seeking higher yields than traditional fixed income [14][28][52] Group 1: Alternative Investments and Market Dynamics - Alternatives are gaining traction due to the changing behavior of stocks and bonds, particularly after the rise in interest rates in 2022, which has led to positive correlations between the two [5][6] - The traditional 60/40 portfolio model is evolving as investors seek additional sources of risk and return beyond stocks and bonds [7][8] - New alternative products, including those in the cryptocurrency space and income-focused ETFs, are emerging to meet investor demand [9][39] Group 2: Income Generation and Retail Investor Behavior - Retail investors are increasingly focused on income, with strategies offering double-digit yields becoming particularly attractive [14][28] - The recent equity market rally has been driven more by retail investors than institutional ones, indicating a shift in market dynamics [11][12] - Active management strategies are being employed to navigate low volatility environments and enhance income generation [16][18] Group 3: Private Credit and Accessibility - The collaboration between Simplify and Vetify aims to provide accessible private credit investment options through ETFs, catering to a broader range of investors [39][41] - Private credit is seen as a disruptive asset class, offering high income potential and appealing to those moving away from traditional fixed income sources [52][53] - The demand for private credit is growing, with more investors seeking exposure through innovative ETF structures [50][55]

Core Insights - Robert Kiyosaki supports President Trump's executive order aimed at democratizing access to alternative investments for 401k investors [1][2] - Kiyosaki criticizes mutual funds and ETFs, advocating for alternative investments like real estate, private equity, crypto, and precious metals under 401k [2][3] - The executive order is expected to enhance financial literacy and encourage investors to be more informed about their investment choices [3] Group 1 - Kiyosaki believes the executive order will open opportunities for "smarter" investors to diversify their portfolios with alternative investments [2][3] - He emphasizes the importance of understanding these investments, suggesting that those unwilling to learn should stick to traditional options [3] - Kiyosaki expresses satisfaction that the order treats investors maturely and positively impacts the value of his investments in gold, silver, and Bitcoin [4]

PGIM announced a tie-up with Partners Group to offer alternative investments to individual and institutional clients, the latest in a series of alliances between private equity firms and large asset managers https://t.co/yhKNZaKmFD ...

Group 1: Target-Date Funds and ETFs - Target-date collective investment trusts have gained market share, accounting for 52% of assets by the end of 2024 [1] - ETF issuers are attracting investments through sophisticated funds, with a focus on high-revenue products like those from JPMorgan and Toroso Investments [2] - The YieldMax COIN Option Income Strategy ETF, despite a 41.9% annual gain, resulted in a total loss of $35.5 million for investors from its inception to April 2025 [3] Group 2: Financial Advisor Education and Retirement Accounts - Morgan Stanley Investment Management is launching educational platforms to enhance financial advisors' knowledge in tax management and alternative investments [5] - An executive order aims to explore greater access to alternative assets in 401(k) plans, directing the SEC to consult with the Department of Labor [6] Group 3: Alternative Investments and Market Trends - The alternative investment industry is projected to exceed $1 trillion in cumulative capital formation by the end of 2025, driven by private wealth investors [9] - Private market offerings are becoming more common in asset allocation for RIAs serving high-net-worth clients [7] - Asset managers are increasing collaboration across teams to address the growing influence of investment consultants in new market segments [8]

Group 1 - Goldman Sachs and T. Rowe Price plan to offer new alternative investments for retirement accounts by the end of the year [1][3] - The initiative follows an executive order by President Trump that expands access to alternative investments in 401(k) accounts, potentially impacting $9 trillion in assets [2] - Goldman Sachs will acquire a stake of up to $1 billion in T. Rowe Price, which manages $1.6 trillion, with around $1 trillion related to retirement [3] Group 2 - New products will include funds with targeted retirement dates, featuring a mix of alternative assets and public investments, with a decreasing proportion of alternatives as retirement approaches [4] - Wealthy clients will have access to exclusive alternative portfolios that combine private credit and equity, with plans to broaden distribution [5] - Analysts highlight risks such as liquidity and pricing transparency, but new structures may offer improved liquidity and daily pricing [6] Group 3 - Long-term projections suggest that alternative investments in retirement accounts could reach 10% to 20% of total allocations [7] - Initial discussions for the partnership began a year ago, focusing on market convergence and the growth of private assets [8]

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. New York City-based alternative investments platform Arch has raised $52 million in a Series B funding. Venture capital firm Oak HC/FT, which is a new investor in the platform, led the round. It also included Menlo Ventures, Craft Ventures, Quiet Capital and others. The funding will support Arch’s ongoing expansion and development, with a focus on meeting the needs of institutional investors, pri ...

Core Insights - iCapital has made a strategic investment in Tangible Markets to enhance access to alternative investments and address liquidity issues in the sector [1][3] - The partnership aims to develop scalable liquidity solutions for wealth managers, asset managers, and institutional investors, integrating Tangible's solutions into the iCapital platform by the end of 2025 [2] Company Developments - iCapital's CEO emphasized the importance of liquidity in alternative investments, stating that the partnership will redefine institutional-grade liquidity solutions and provide clients with greater transparency and flexibility [3] - The collaboration will result in a suite of liquidity options for alternative investment funds, connecting a large buyer-seller network and improving price discovery [3][4] Market Impact - The liquidity mechanism will support various strategies, including private equity, private credit, real assets, and hedge funds, allowing advisers and eligible investors to participate in regular auctions [4] - iCapital's platform will enhance the management of alternative investments by providing sellers with curated auctions and real-time pricing data, while buyers will benefit from easier access to high-quality alternatives [5]

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. Baird, a Milwaukee-based privately-held financial services firm, has taken a minority equity stake in Montreal-based alternative asset manager Sagard. As part of the deal, Baird will look to distribute Sagard’s products in its U.S. private wealth business. Financial terms of the deal were not disclosed. “This partnership with Baird is a pivotal step in our strategy to enter the U.S. wealth chann ...

Financial Performance & Guidance - Clearwater core business revenue in 2024 was $451.8 million, with a forecasted 20% growth[183] - The company significantly exceeded gross margin expectations, delivering 78.2% in H1 2023 against a 76% forecast[29, 27] - Non-GAAP EBITDA expectations were also exceeded, with 35.5% in H1 2023 compared to a 31% forecast[33, 31] - FY 2025E revenue guidance is between $726 million and $732 million[183, 185] - The company aims to reduce leverage to below 3 times by December 31, 2026[210] Strategic Initiatives & Growth Drivers - The company's Total Addressable Market (TAM) has more than doubled after integration[83] - Enfusion is expected to re-accelerate growth, targeting a ~20% ending growth rate[96, 97] - The company is enabling a "1 to 4 bps journey," referring to increased technology spending by clients, with current spend addressing 1bp and a target to reach 4bp[106, 112] - Insurance market represents a $6.3 billion ARR global opportunity[117, 119] Technology & Platform - Clearwater has a single data ingestion platform that processes over $10 trillion for over 1,450 clients daily[63] - The company is creating a CWAN compliant standard for the industry, aiming to become the standard for reporting for Alternative Assets with $10T on the platform[160]

Core Insights - BlackRock has completed the acquisition of ElmTree Funds, enhancing its private markets capabilities and expanding access to alternative investments [1][9] - The acquisition aligns with BlackRock's long-term goal of raising $400 billion for private markets by 2030 [1] - ElmTree managed $7.3 billion in assets as of March 31, 2025, and is a leader in commercial net-lease assets [1][2] Expansion of Private Markets - The acquisition of ElmTree builds on BlackRock's previous acquisition of HPS Investment Partners, reinforcing its focus on private credit and real estate [2] - ElmTree's expertise will enhance BlackRock's Private Financing Solutions platform, providing long-term income opportunities for clients [2][3] - Over the past year, BlackRock has invested more than $28 billion to strengthen its position in high-growth private markets [3] Shift Towards Alternative Investments - BlackRock's CEO Larry Fink indicated a shift from traditional 60/40 portfolios to a 50/30/20 mix of stocks, bonds, and private assets for stronger returns [4] - The company plans to launch a target-date fund incorporating private equity, private credit, and other alternative investments [5] - BlackRock is integrating private equity and credit into pre-built portfolios to meet rising demand among individual investors [6] Competitive Landscape - Competitors like Apollo Global Management and Blackstone are also making significant strides in private markets, expanding their multi-strategy platforms and asset-backed credit offerings [7] - Both competitors are focusing on evergreen and private wealth channels, originating larger financings previously dominated by banks [7] Performance Metrics - BlackRock's shares have risen 8.7% this year, contrasting with a 1.6% decline in the industry [10]