iCapital's Q4 Investment Views is now available. Growth remains resilient, but higher oil prices, elevated yields, and a consumer increasingly reliant on savings leave less room for error. In the latest edition, we examine: ✔️ Why public-market upside is becoming more selective ✔️ How the rate outlook has changed ✔️ What improving, but uneven, private-market conditions mean for investors ✔️ Where hedge funds continue to offer diversification benefits Read the full report: bit.ly/4yrBlHJ

AI isn't the real challenge. People are. Everyone is focused on the technology. @FranklnTempletn CEO Jenny Johnson says they're asking the wrong question. In this clip from The 19th Hole, Johnson explains why change management is often harder than innovation itself, how technology has historically created new opportunities, and why the future belongs to people who learn how to work alongside AI. bit.ly/4xRj5HB

.@sonalibasak, iCapital’s Chief Investment Strategist, joined @YahooFinance’s Market Hang with Ross Gerber, alongside Daniel Newman and Sam Sutton. Sonali shared her thoughts on why momentum chasing can be risky right now, opportunities in industries tied to global manufacturing and nearshoring, and why investors should be cautious about chasing momentum after a strong stock run-up. In their discussion on whether the market’s heavy concentration in technology stocks is sustainable, Sonali illustrated that tech’s growing share of the economy can explain its weight in the market. Watch the full conversation here: finance.yahoo.com/video/big-…

The wealth management firms creating an operational edge are building connected data foundations that make scale, automation, and AI possible. When client, account, reporting, and investment data live across disconnected systems, automation becomes harder, reporting becomes more complex, and scaling becomes more difficult. A unified, governed data foundation helps firms operate more efficiently today while laying the groundwork for automation and AI tomorrow. Read more: bit.ly/3TR0dut

Is the market looking at inflation the wrong way? Stephen Miran, senior strategist at Hudson Bay Capital Management joins The Bridge to challenge conventional thinking on the Fed, housing, tariffs and other forces behind today’s market volatility. Don't miss the latest episode hosted by Chief Investment Strategist @sonalibasak: bit.ly/4ikgOjw Recorded on 10/7/26

One verified investor identity, reusable across investments, helping firms onboard faster, reduce operational burden, and scale with confidence. iCapital Identity Solutions helps wealth managers, asset managers, platform partners, and other financial institutions simplify AML/KYC by enabling investor identity data to be verified once and reused across jurisdictions. The result is a more seamless investor experience and a more scalable approach to investor onboarding and compliance in alternative investments. Learn more: bit.ly/3TJhAxf

We're proud to share that iCapital's proprietary research framework, GMAM (Generalized Multi-Asset Model), has been published in the Journal of Alternative Investments. GMAM was designed to help investors gain a more complete view of alternative investments by looking beyond reported returns to better understand underlying risk, return, and portfolio implications. The framework addresses challenges such as return smoothing, stale valuations, appraisal-based reporting, and limited historical data that can make alternatives difficult to analyze using traditional methods The research and methodologies behind GMAM help power Architect's unique backcasting capabilities, a key differentiator that provides additional context for investment analysis and portfolio construction. The publication reflects iCapital's continued investment in research, analytics, and technology designed to help advisors, home offices, and investment professionals evaluate alternative investments with greater context and transparency. Read more: bit.ly/4s06NeL

Strong earnings growth is expected this quarter, but investors may be focused on something more important: what's driving it. In the latest Market Pulse, our Investment Strategy team explores whether AI spending, broader earnings participation, and improving fundamentals can support the next phase of the market rally. Read more: bit.ly/3Werho1

Who pays for AI? Amanda Lynam, chief credit strategist at @GoldmanSachs, joins Chief Investment Strategist and host of The Bridge @sonalibasak to discuss the trillion-dollar financing cycle behind the AI buildout and why private markets may play a larger role in the years ahead: bit.ly/4yDFLwh Recorded on 9/25/26

Our 2026 Asia Advisor Survey, based on responses from 62 advisors in Hong Kong and Singapore, finds that 28% plan to increase allocations over the next 12 months, up from 5% in 2025. But the bigger story is what advisors now need to scale: risk and performance analytics, stronger compliance support, real-time pricing and valuation data, and advanced implementation-focused education. The next phase of growth may depend less on expanding access and more on helping advisors translate conviction into scalable portfolio outcomes. Read the full findings here: bit.ly/4ATD0sc

Happy Hispanic Heritage Month! In the spirit of “Unidos, Somos Más” (Together, We Are More), we encourage Team iCapital to come together and build belonging that strengthens our workplace and communities.

"If you're a CEO and expect consensus, you're going to get mediocre decisions." @FranklnTempletn CEO Jenny Johnson joins iCapital CEO and host Lawrence Calcano on The 19th Hole to talk leadership, culture, AI, private markets and the future of investing. Don’t miss the latest episode, streaming now: youtu.be/zh6lNsCt3OA?utm_med…

European advisers have moved beyond asking whether alternatives belong in client portfolios. The focus is now on implementation. Our latest Europe Adviser Survey, based on responses from 380 advisers across the region, shows growing conviction in alternative investments, with 36% planning to increase allocations over the next 12 months. Yet the findings also reveal a more nuanced picture: while adoption is increasing, advisers face growing challenges around portfolio construction, model portfolios, client reporting, and investor communication. The next phase of growth in alternatives will depend not only on access, but on the tools, infrastructure, and support needed to implement them at scale. Read the full findings here: icapital.com/insights/practi…

“This AI thing better work out.” Torsten Slok, chief economist at @apolloglobal, joins The Bridge to break down AI’s moment of truth. Watch the latest episode with host and Chief Investment Strategist @sonalibasak: bit.ly/4dIT3z0

Last week, more than 150 advisors, industry partners, and colleagues came together in San Francisco last week for iCapital Engage. A highlight of the event was a fireside chat featuring Gary Gallagher and Mark Mezzanotte, exploring how advisor needs are evolving as private markets become an increasingly important part of client portfolios. Thank you to everyone who joined us.

We're working with @The_DTCC to help advance the infrastructure supporting private markets. By combining DTCC's market infrastructure and processing capabilities with iCapital's technology platform, we're helping create a more efficient private markets ecosystem. Together, we'll explore new ways to streamline operations, improve connectivity, and support the industry's next phase of growth. Learn more: bit.ly/4ylRAXR

Congratulations to Team iCapital’s Cameron Young and Sam Burns who, combined, helped to deliver 5 of the U.S. team’s 15.5 points.

Last week at Horizons 2026, we welcomed clients, partners, and industry leaders as Hexure and iCapital came together as one company. Throughout the week, conversations focused on the future of insurance and wealth management, including how AI, connected technology ecosystems, and modernized sales experiences are helping firms work more efficiently and better serve clients. Across keynote sessions, client panels, breakout discussions, and hands-on training, attendees shared perspectives on innovation, growth, and the opportunities shaping the industry ahead. Thank you to everyone who joined us and contributed to the conversations. We're excited to continue building what's next together.

Receiving the Best Multi-Issuer Platform award at the SRP Americas Awards 2026, our second win in three years, reflects the dedication, innovation, and collaboration across our Structured Investments business as we continue building a more connected, scalable, and efficient ecosystem. Thank you to our clients, partners, and iCapital colleagues who made this possible.