The Asset Classes of Tomorrow

Programmable and increasingly bespoke, the next generation of investment products are building climate exposure, geopolitical shocks, and other external risks directly into their design. Through this distinctly macro lens, green bonds, thematic ETFs, and tokenized funds can point toward portfolios that can be tailored to an investor's goals and adjusted in real time. As these features combine into single products, investors face new questions about valuation, liquidity, and transparency. Our panel will take stock of this new landscape, the technology changing how risk is packaged and priced, and what allocators should watch as the market matures.