Inside Vanguard's Credit Research Engine
Inside Vanguard's Credit Research Engine
Meet our speakers

Senior Fixed Income Client Portfolio Manager, Vanguard Canada
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Alex Lee is a Fixed Income Client Portfolio Manager at Vanguard Canada. Prior to joining Vanguard, he served as Head of Canada ETF Product Strategy at Franklin Templeton and previously worked as a Fixed Income ETF Product Manager at Invesco.
Alex holds a Bachelor of Commerce in Finance from York University and a Master of Finance from Queen’s University and is a CFA and CAIA charterholder.

Co-Head US IG Credit Research, Vanguard
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Maria Colangelo is Co-Head of the Investment Grade Research team and Co-Head of the IG SAT. She has deep credit expertise across industrials and has been instrumental in developing the team's investment process, working closely with portfolio managers and traders to drive portfolio positioning and active fund performance. She is also a member of the Taxable Strategy Committee (TSC), which oversees asset allocation decisions across rates and credit.
Ms. Colangelo joined Vanguard in 2016 after spending ten years at Singapore's sovereign wealth fund, GIC Private Limited. At GIC, she was a Senior Portfolio Manager covering global energy and industrial sectors across both equity and credit portfolios. She also participated in infrastructure and private equity investment decisions. Previously, she worked at hedge funds ELCO Management LLC and Jemmco Capital LLC and was a sell-side equity analyst.
Ms. Colangelo earned a B.S. in International Business and Finance from Babson College and has served as an advisor to the Atlantic Council, a Washington-based think tank.
Webinar details
Investment-grade credit remains one of the largest and most dynamic segments of the global fixed income market, presenting both opportunities and challenges for investors.
Join Alex Lee and Maria Colangelo for a behind-the-scenes look at Vanguard's credit research capabilities and the critical role they play in our active fixed income investment process. This discussion will explore how Vanguard's credit research team evaluates issuers, identifies opportunities across the investment-grade universe, and collaborates closely with portfolio managers to uncover value and manage risk within client portfolios.
Maria and Alex will also share their perspectives on the current credit environment, including credit spreads, issuance trends, and areas of opportunity. In addition, the conversation will explore one of today's most closely watched themes: the rapid growth of AI and hyperscale-related debt issuance, and how technology-driven capital spending may be reshaping opportunities and risks for bond investors.
Key Themes:
- Inside Vanguard's credit platform: The scale, structure, and capabilities of our global credit research team and how research supports investment decisions.
- Navigating today's credit environment: Current market conditions, credit spreads, issuance activity, and opportunities across investment-grade credit markets.
- AI, hyperscalers, and the future of credit markets: Examining recent issuance trends and how technology-driven capital spending is shaping opportunities for fixed income investors.
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