We talked to MSCI’s Jim Costello about where we are in the commercial real estate cycle and who’s been picking up the smaller banks’ business.

The launch of JP Morgan Private Markets Fund earlier this month was the asset manager’s latest offering in the race to make alternatives more accessible.

We see an opportunity for the mass affluent investors to gain more exposure to this asset space.

When markets are performing poorly, clients’ portfolio values can decline, giving clients the sense that they aren’t making progress toward goals and those goals seem harder to achieve.

Recently launched Alpaca Real Estate plans to take advantage of the dislocation in capital markets to invest in sectors with strong operating fundamentals and drive alpha through “innovative operating platforms.”