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Further Analysis & Commentary
Why Hedge Funds Are Thriving Again in 2026
After years of underwhelming performance, hedge funds are undergoing a meaningful revival, with 2025 and early 2026 representing their most…
Magellan Barrenjoey Merger Faces a Harder Test After the Pre-Deal Dividend Disclosure
The Magellan Barrenjoey merger was already a disclosure story. The new dividend revelation has made it a valuation story as…
Australia’s ETF Boom Has Created a New Problem
Australia’s ETF market has expanded rapidly. There are more than 450 products now listed across the ASX and Cboe Australia,…
Magellan-Barrenjoey: Billion-Dollar Merger?
Magellan plans to acquire Barrenjoey in a merger worth more than $900 million, expected to complete in Q4 2026. In…

Monthly Investor Memo
Delivered Monthly - 2026