Magellan Says Barrenjoey Deal Lifts Private Markets Opportunity

May 18, 2026 | Markets, Private Credit, Private Markets

Magellan Financial Group Ltd.’s chief executive said its merger with Barrenjoey Capital Partners will allow the Australian firm to provide its customers with more offerings in private markets. The deal is on track to close around the middle of this year and...

Vanguard Favors Treasuries as 10-Year Yields Near Range Top

May 18, 2026 | Markets

Vanguard Group Inc., one of the world’s largest money managers, is sticking with its bet on US Treasuries, saying yields in the $31 trillion market are near the top of its expected range for 10-year notes. “In US rates, we maintain a long duration bias with yields...

Citadel Securities’ Rubner Sees Risk of Flow Unwind in US Stocks

May 18, 2026 | Markets

Risks are growing of an unwind in the powerful fund flows that drove US stocks to record highs in recent weeks, according to Citadel Securities’ Scott Rubner. The S&P 500 Index has surged about 16% from its March low, supported by robust earnings, corporate...

Texas Fund Revealed as Record Backer of State Street Credit ETF

May 18, 2026 | Markets, Private Credit

The identity of an investor that dramatically boosted assets in State Street Corp.’s private credit ETF has been revealed as a $60 billion sovereign wealth fund that provides funding to Texas public schools. The Texas Permanent School Fund bought more than 29 million...

Investors Add Exposure to China ETFs After Trump-Xi Meeting

May 18, 2026 | Markets

Investors plowed cash into China-focused exchange-traded funds at the fastest pace in over a year last week amid easing trade tensions between the world’s two largest economies and the broader rally across artificial intelligence stocks. The $7.3 billion KraneShares...