Morningstar, Apollo, Franklin Templeton and J.P. Morgan to Offer Retail Investors Access to Private Markets
Morningstar's wealth unit has partnered with Apollo Global Management, Franklin Templeton and J.P. Morgan Asset Management to create a set of portfolios aimed at giving individual investors exposure to private markets. The offerings, scheduled to launch later this year, will use a combination of exchange-traded funds and interval funds. Initial mod…