Wellington Management, Vanguard, and Blackstone are launching two funds that will offer investments in both public and private markets for a growing cohort of wealthy individuals. The funds, WVB All Markets Fund and WVB Blackstone All Privates Fund, will provide access to premium returns, lower volatility, and diversification.
Investment Opportunities
The WVB All Markets Fund will blend public equities, fixed income, and index strategies with Blackstone’s private markets offerings. The WVB Blackstone All Privates Fund will give access across Blackstone’s platform. These funds will be available to high-net-worth and mass-affluent individuals who are Merrill and Bank of America Private Bank clients through their advisors.
Globally, high-net-worth individuals’ wealth climbed to $98.3 trillion by the end of 2025, according to Capgemini. Wealthy individuals have been taking money out of private credit and some private equity funds in recent months amid worries over asset valuations and deep exposure to software companies whose businesses could be weakened by the rise of AI.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
