In this episode, Scott Carpenter, Global Head of Alternatives, and Ken Grogan, Global Head of FX Sales for Alternatives, discuss insights from our fifth annual Private Markets Study. They examine the rising importance of liquidity as investors gain greater access to private markets through semi-liquid fund structures, and what this evolution means for foreign exchange strategy and currency hedging.

In this episode, Scott Carpenter, Global Head of Alternatives, and Ken Grogan, Global Head of FX Sales for Alternatives, discuss insights from our fifth annual Private Markets Study. They examine the rising importance of liquidity as investors gain greater access to private markets through semi-liquid fund structures, and what this evolution means for foreign exchange strategy and currency hedging.

Future State is a bi‑weekly investing podcast focused on the future of asset management, financial markets, and investment innovation. Hosted by Tadhg Young and Anna Bernasek of State Street, the podcast explores how technology, data, and product innovation are reshaping the business of investing.

Each episode features industry leaders and subject‑matter experts discussing the trends that matter most to institutional investors—AI, digital finance, ETFs, alternatives, regulations, operational transformation and more—helping listeners stay informed, competitive, and future‑ready.

Future State is a bi‑weekly investing podcast focused on the future of asset management, financial markets, and investment innovation.&nbsp;Hosted by Tadhg Young and Anna Bernasek of State Street, the podcast explores how technology, data, and product innovation are reshaping the business of investing.
Each episode features industry leaders and subject‑matter experts discussing the trends that matter most to institutional investors&mdash;AI, digital finance, ETFs, alternatives, regulations, operational transformation and more&mdash;helping listeners stay informed, competitive, and future‑ready.