Macquarie's New Bull Likes MAM's Pivot Toward Private Markets -- Market Talk

Dow Jones

Jan 22

0231 GMT - Macquarie gets a new bull in UBS, which sees the exit of its Macquarie Asset Management unit from public markets in the U.S. and Europe as a positive development. The transition will shift MAM's focus more toward private markets, particularly infrastructure. "However, with ongoing concerns around CGM's performance and the timing of asset realizations, we think the market has not fully factored in the implications of this divestment on MAM's fee structure, and performance fee potential," analyst John Storey says. CGM refers to Macquarie's Commodities and Global Markets division. UBS upgrades Macquarie to buy, from neutral, and raises its price target by 4.4% to A$235.00/share. Macquarie is up 2.4% at A$210.84. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

January 21, 2026 21:31 ET (02:31 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2605948453"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2605948453\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2605948453?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-22 10:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2605948453","market":"other","top_or_hot":-1,"title":"Macquarie's New Bull Likes MAM's Pivot Toward Private Markets -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0231 GMT - <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> gets a new bull in UBS, which sees the exit of its Macquarie Asset Management unit from public markets in the U.S. and Europe as a positive development. The transition will shift MAM's focus more toward private markets, particularly infrastructure. \"However, with ongoing concerns around CGM's performance and the timing of asset realizations, we think the market has not fully factored in the implications of this divestment on MAM's fee structure, and performance fee potential,\" analyst John Storey says. CGM refers to Macquarie's Commodities and Global Markets division. UBS upgrades Macquarie to buy, from neutral, and raises its price target by 4.4% to A$235.00/share. Macquarie is up 2.4% at A$210.84. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 21, 2026 21:31 ET (02:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Macquarie's New Bull Likes MAM's Pivot Toward Private Markets -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMacquarie's New Bull Likes MAM's Pivot Toward Private Markets -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-01-22 10:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0231 GMT - <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> gets a new bull in UBS, which sees the exit of its Macquarie Asset Management unit from public markets in the U.S. and Europe as a positive development. The transition will shift MAM's focus more toward private markets, particularly infrastructure. \"However, with ongoing concerns around CGM's performance and the timing of asset realizations, we think the market has not fully factored in the implications of this divestment on MAM's fee structure, and performance fee potential,\" analyst John Storey says. CGM refers to Macquarie's Commodities and Global Markets division. UBS upgrades Macquarie to buy, from neutral, and raises its price target by 4.4% to A$235.00/share. Macquarie is up 2.4% at A$210.84. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 21, 2026 21:31 ET (02:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MQBKY","symbol_name":"Macquarie Group, Ltd.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2605948453","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605948453","pubTimestamp":1769049060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0231 GMT - Macquarie gets a new bull in UBS, which sees the exit of its Macquarie Asset Management unit from public markets in the U.S. and Europe as a positive development. The transition will shift MAM's focus more toward private markets, particularly infrastructure. \"However, with ongoing concerns around CGM's performance and the timing of asset realizations, we think the market has not fully factored in the implications of this divestment on MAM's fee structure, and performance fee potential,\" analyst John Storey says. CGM refers to Macquarie's Commodities and Global Markets division. UBS upgrades Macquarie to buy, from neutral, and raises its price target by 4.4% to A$235.00/share. Macquarie is up 2.4% at A$210.84. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MQBKY":"Macquarie Group, Ltd.","BK7046":"综合性资本市场","BK4118":"综合性资本市场","MQG.AU":"Macquarie","BK7511":"ESG概念"},"translate_title":"麦格理的新牛市喜欢MAM转向私募市场——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MQBKY":0.9,"MQG.AU":0.9},"content_text":"0231 GMT - Macquarie gets a new bull in UBS, which sees the exit of its Macquarie Asset Management unit from public markets in the U.S. and Europe as a positive development. The transition will shift MAM's focus more toward private markets, particularly infrastructure. \"However, with ongoing concerns around CGM's performance and the timing of asset realizations, we think the market has not fully factored in the implications of this divestment on MAM's fee structure, and performance fee potential,\" analyst John Storey says. CGM refers to Macquarie's Commodities and Global Markets division. UBS upgrades Macquarie to buy, from neutral, and raises its price target by 4.4% to A$235.00/share. Macquarie is up 2.4% at A$210.84. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 21, 2026 21:31 ET (02:31 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}