About this episode

Owen Rask interviews Ryan Joyce about S&P Global Inc and its role in financial markets.

In this Australian Investors Podcast episode, host Owen Rask is joined by Ryan Joyce, Deputy Portfolio Manager at Magellan Investment Partners, for a deep dive into S&P Global Inc (NYSE: SPGI). S&P Global is one of those companies investors interact with constantly, often without realising it. If you follow the S&P 500, compare an Australian fund to the S&P/ASX 200, look at a company’s credit rating, use financial data through S&P Global Market Intelligence, or rely on commodity pricing benchmarks, you have probably touched part of S&P Global’s ecosystem. Ryan describes S&P Global as a collection of data, ratings, index and benchmark businesses. But the big idea of this episode is simpler: S&P Global is one of the most embedded businesses in global financial markets. As Ryan puts it: “I really think of it as a benchmark business, particularly for the crown jewels in it.” In this episode, Owen and Ryan explore: How S&P Global actually makes money Why credit ratings and index benchmarks are so hard to disrupt How S&P Global compares to Moody’s, MSCI, Fitch, Bloomberg and FactSet Whether AI is a threat or opportunity for S&P Global Market…

People in this episode

Host: Owen Rask

Guest: Ryan Joyce

Mentioned in this episode

Organizations: Magellan Investment Partners, S&P Global Inc, S&P 500, S&P/ASX 200, S&P Global Market Intelligence, Moody’s, MSCI, Fitch, Bloomberg, FactSet

More episodes of Australian Investors Podcast

• Live Q&A: the tax changes reshaping wealth building in 2026 · July 17, 2026 · 51 min
• An AI masterclass with Hayden Smith from Pearler · July 14, 2026 · 52 min
• Michael Bell, CIO at Solaris, on active investing and portfolio discipline · July 7, 2026 · 49 min
• Micron, copper and BHP: where the AI trade goes next · July 3, 2026 · 1h 1m
• Inside Soul Patts: Jaki Virtue on culture, systems and long-term compounding · July 1, 2026 · 58 min
• Small Cap Playbook 4: 8 investing lessons from Ben Richards · June 28, 2026 · 51 min

Explore listener stats, chart rankings, contacts and more on the Australian Investors Podcast podcast page.