84% of Managers Offer or Plan Private-Market Products as Retail Demand Reshapes Operations
Updated
Updated · Markets Media · Jul 20
84% of Managers Offer or Plan Private-Market Products as Retail Demand Reshapes Operations
3 articles · Updated · Markets Media · Jul 20
Summary
More than 84% of asset and wealth managers already offer or plan to offer private-markets strategies to individual investors, State Street’s 2026 private-markets study found.
Nearly 80% of respondents identified liquidity management as the main obstacle to scaling those products, with redemption handling, cash forecasting and stress testing under the most pressure.
State Street said larger managers are benefiting from investor trust in their technical and risk capabilities, and is directing investment toward front-to-back connectivity, client portals and transfer-agency links to handle rising retail subscriptions and redemptions.
Wealth-management platforms are the main distribution channel, while institutional appetite remains firm: only 7% of firms expect to cut private-markets allocations and about half plan to increase them.
State Street is also building reporting around REDI, a standardized real-estate data initiative whose first reporting period is due in Q4 2026, as broader transparency demands spread into private credit and private equity.