Alts In Focus: 2026 Outlooks

Parametric Portfolio Associates LLC (Parametric), part of Morgan Stanley Investment Management (MSIM), today announced new partnerships with Harding Loevner and Schafer Cullen Capital Management to deliver the Custom Active solution, an innovative tax optimization capability for active equity managers. Parametric expanded its Custom Active offering with more than 16 new strategies added year-to-date across its partner network and now includes MSIM’s Applied Equity Advisors suite of strategies.

We expect new deal demand and a large refinancing wave to gradually overtake private credit supply allowing lenders to preserve discipline, strengthen terms, and capture the illiquidity premium to public markets. Learn why in our 2026 Private Credit outlook.

Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), announced today the acquisition of a last-mile delivery distribution facility adjacent to Los Angeles International Airport (LAX) that is long-term net leased to a major multinational e-commerce retailer. The $211 million acquisition includes a newly developed Class A distribution building and an industrial outdoor storage (IOS) parking site on 19 acres of land.

In “When every data business looks like a target” we assessed the impact of Advanced AI on Financial Information Services. This month we look at high quality niches within the Industrials sector, particularly our Professional Services holdings. Our analysis suggests that these very different businesses should continue to have high barriers to entry and, in many instances, have already been embracing the Advanced AI opportunity.