Presentation: Analyzing and Benchmarking Evergreen Funds
- Growth of Private Markets and Rise of Evergreen Funds
- Across structures and asset classes
- Challenges in Understanding Fund Strategies and Performance
- Portfolio mix, liquidity profiles
- Limitations with existing benchmarking tools
- Highlights from new index solution: Morningstar PitchBook Evergreen Fund Indexes
- Strategy-level, aggregate performance comparisons
- Dispersion in returns
- Limitations and Other Nuances the Market Needs to Solve
- Desmoothing returns, understanding NAVs vs. market pricing
- Portfolio holdings and drivers of performance
Panel: Are Evergreen Funds Delivering for Investors?
- How do private markets fit into portfolios?
- How do evergreen funds provide a solution and/or a problem?
- How should investors think about diligencing potential evergreen products, their track records, and whether or not they will deliver for investors?
