Private credit’s third act: Reconnecting with banks By Ankul Daga, Vanguard Head of Private Markets Portfolios and Brian Kim, Vanguard Co-Head of Active High Yield Credit and Head of Active High Yield Credit Research Markets and economy Understanding how market maturity is reshaping private risk credit Private credit has moved from the edge of…
Our investment and economic outlook, February 2026 By Vanguard Markets and economy Our latest forecasts for investment returns and region-by-region economic outlook Australia A rate hike after a short easing cycle “With the economy operating near full capacity and inflation proving persistent, the Reserve Bank of Australia is expected to lean more heavily into…
Higher geopolitical risk premiums support commodities By Fei Xu, Vanguard Commodity Strategy Fund Portfolio Manager, and Kevin Khang, Vanguard Senior Global Economist Markets and economy Commodities delivered strong headline returns in 2025. Yet, beneath the surface, this rally was quite uneven—precious metals rose by roughly 80%, while the remainder of the Bloomberg Commodity Index…
Why the AI playbook may have fewer technology stocks By Vanguard Markets and economy The AI megatrend is likely to trigger a stocks rotation over the medium term Most of us have heard of the so-called “Magnificent Seven” U.S. technology stocks – Apple, Microsoft, Amazon, Alphabet (Google), NVIDIA, Meta Platforms, and Tesla. Collectively, because of…
What to look for when choosing a financial adviser By Vanguard The basics Here’s how to find a financial adviser who can provide the right support for you We believe financial advice is essential for Australians looking to build wealth and reach their goals, whether in the early stages of their career or during retirement.…
SMSF portfolios signal steady conviction in growth assets By Vanguard Super and retirement Trustees have not retreated from equities despite bouts of market volatility The Australian Taxation Office’s September 2025 quarterly SMSF statistics reinforce a clear message for investors: while the SMSF sector is maturing in terms of fund growth, capital allocation remains decisively growth‑oriented. As at…