Show Notes
As private markets evolve, access is expanding, but so is complexity. In this episode of Future State, Tadhg Young and Katherine Lucas are joined by State Street’s Global Head of Alternatives, Scott Carpenter and Alpha FMC’s Jonathan Balkin to explore the structural forces shaping private markets in 2026. The conversation encompasses key themes influencing the space, from semi‑liquid vehicles and operational scale to retirement access and asset class opportunities. A pragmatic, execution‑focused conversation for leaders navigating what comes next. See omnystudio.com/listener for privacy information.
More from Future State
Custody is being transformed from a post-trade utility into strategic market infrastructure. As AI, data, digital assets, faster settlement, cyber risk and real-time cash converge, the winners will be the institutions that can make complexity invisible while giving clients more control, transparency and resilience. In this episode of Future State, Chris Rowland, Head of Custody, Digital and Fund Services Product at State Street discusses how the future of custody is underway and what that means for custodians, investors, and financial markets. See omnystudio.com/listener for privacy information.
What’s really driving inflation today? In this episode, Rajeev Bhargava, Head of PriceStats, and Marvin Loh, Senior Macro Strategist, explore how investors can move beyond lagging inflation indicators using real-time pricing data. Discover how millions of online prices can reveal inflation trends ahead of official releases, provide deeper insights into what’s driving price movements, and help investors make more informed portfolio and risk management decisions. See omnystudio.com/listener for privacy information.
As retirement evolves from a savings goal into a decades-long income challenge, wealth management must evolve with it. Jennifer Stokes, Head of Wealth Custody and Clearing at State Street, explores how longevity, personalization, technology and modern custody are reshaping retirement advice and helping firms deliver better client outcomes.
ETFs have moved from disruptive challenger to a dominant force in global investing—and the conversation is shifting from growth to economics. In this episode, Jeff Sardinha, Global Head of ETF Solutions at State Street, joins hosts Tadhg Young and Anna Bernasek to explore what the industry’s next phase means for asset managers.
In this episode, Nick Adam, Deputy Chief Information Security Officer at State Street, explores how AI is reshaping both cyber threats and cyber defense. From industry collaboration initiatives like Project Glasswing to the growing importance of resilience, simplicity, and trust, Nick shares how financial institutions are thinking about preparing for a future where security must move faster than ever before. See omnystudio.com/listener for privacy information.