Apollo to Offer Products to Wealthy Investors Next Year

The video discusses the evolution of the financial market, focusing on alternatives to publicly traded stocks and bonds. It highlights the growth of private markets and the increasing involvement of both institutional and retail investors in alternatives. The speaker explains that alternatives are not inherently riskier than public investments and predicts significant changes in investor portfolios over the next five years.

What predictions are made about retail investors' portfolios in five years?

How does the speaker differentiate between traditional alternatives and the new definition of alternatives?