Morningstar Analysts Flag $119 Brent Spike and Warn on 1,200% VCX Premium
Morningstar’s Weekly ‘10 Investment Must Reads’ highlighted Brent crude’s rise to $119 per barrel and private market secondaries hitting $226 billion in 2025, up 41% year-on-year. Equity Strategies principal Jack Shannon warned Fundrise Innovation Fund shares traded 1,200% above their $18.97 NAV, calling it a ‘horrible investment’.
1. Weekly Investment Must Reads
Morningstar curated ten top reads covering bond ETF yield surges tied to Brent crude’s climb to $119 per barrel, private credit redemption pressures and a record $226 billion in secondaries volumes for 2025, up 41% year-on-year.
2. Caution on Fundrise Innovation Fund Premium
Equity Strategies principal Jack Shannon flagged that Fundrise Innovation Fund shares traded as much as 1,200% above their $18.97 NAV, labeling the valuation a ‘horrible investment’ and warning of steep losses when lockups expire.