Our latest Unlocking Private Markets piece explores a trend that could shape the investment landscape for decades: demographics. Jon Diorio, Head of Alternatives for U.S. Wealth, examines the implications for real estate and private markets, as the number of Americans aged 80+ is expected to grow ~55% by 2035. Read more:

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Morgan Stanley Wealth Management announced expanded access to our Private Markets and Alternatives Fund (PMAX) portfolios with PMAX-Balanced and PMAX-Growth. Designed to provide a more accessible way to invest in private markets, the funds offer a diversified approach to a broader investing audience through lower minimums and a more streamlined experience. Investments in private markets involve a high degree of risk. Read the full news release, including important disclosures about liquidity, valuation and risks: