Morningstar introduces the Modern Market 100 Index, the first to combine public and private equity exposure in one benchmark. The index captures 90 public firms and 10 venture-backed companies to reflect the expanding opportunities in private markets. Alternative assets are gaining attention, with $450 billion invested in private market transactions since 2021. President Trump’s executive order allows alternative assets like cryptocurrencies in 401(k)s, further emphasizing the need for benchmarks like the Modern Market 100. The index tracks companies with more risk, focusing on growth companies like Microsoft, Nvidia, and Apple. It aims to capture outperformance compared to major benchmarks, with a 1-year return of 28.2%. Morningstar believes the index offers investors a different opportunity than traditional benchmarks, providing insights into the innovation economy.

Read more at CNBC: Morningstar PitchBook index tracks exposure to public and private assets