Kunal Kapoor

Ben Carlson, Head of Institutional Asset Management at Ritholtz Wealth and author of A Wealth of Common Sense, joins Callie Cox, Chief Strategist at Ritholtz Wealth, and Kunal Kapoor, CEO of Morningstar. They tackle market surprises of 2025, the implications of government spending, and recession risks. Kunal dives deep into how AI is revolutionizing finance and the growth of active ETFs. The discussion also hints at trends affecting consumer spending, investment behaviors, and the evolving landscape of private markets.

Kunal Kapoor, CEO of Morningstar and expert in investment insights, shares his valuable knowledge on navigating the opaque world of private markets. He discusses the rising significance of private credit and equity in today’s investment landscape. Kapoor explains how Morningstar enhances due diligence to empower investors in identifying quality opportunities. He also highlights the evolving dynamics of capital borrowing and the growing need for transparency in fees, stressing the importance of informed investment strategies.

In a lively discussion, Kunal Kapoor, CEO of Morningstar, shares his journey from data analyst to leader at the forefront of investment trends. He dives into the dynamic convergence of public and private markets, emphasizing transparency and regulatory roles. Kapoor explores the philosophical implications of making private markets more accessible and the impact of social media on investor behavior. He also discusses the significance of evergreen funds and the future landscape of alternative investments, highlighting the critical need for informed investor strategies.

Exploring Morningstar's adoption of AI in financial services, upskilling workforce, and talent competition. Discussing sustainability and workforce strategy in ratings and risk analysis. Delving into AI implementation in financial advising with chatbot Mo. Analyzing human capital risk and workforce management in investment decisions. Exploring future trends in investment portfolios and personalized financial engagement.

Kunal Kapoor, CEO of Morningstar Inc., a leader in independent investment research, dives into the company's strategic shift to rate fewer private asset funds. He emphasizes the growing interest in private credit and semi-liquid investments. The discussion touches on the challenges of merging private assets with ETFs and the innovative landscape surrounding them. Kapoor also explores the importance of transparent credit ratings in a competitive market, as private and public investment strategies begin to intertwine.