Announcing Our Biggest Fee Cut Yet

As AI reshapes markets, greater concentration among the largest companies is influencing how advisors build portfolios. Few people are better positioned to parse the signal from the noise than Brian Barbetta, a Wellington technology and AI specialist and co portfolio manager of Vanguard Global Equity Fund (VIC600). In this conversation, Brian explores how AI is fueling mega cap leadership, whether today’s cycle rhymes with past tech waves, and where long term winners may ultimately emerge.

Bonds performed well in 2025. Looking ahead to 2026, bonds face a favorable environment, especially for income.

There’s been considerable hype about AI. But even the most transformative technology needs profitable business models to succeed. Qian Wang, Vanguard global head of capital market research, explains in this short video that although tech earnings have been strong, valuations may have outpaced fundamentals—raising the risk of a market pullback.