Group 1 - The core viewpoint of the article is that the market is overly complacent about the U.S. inflation outlook, making bets on rising inflation pressures significantly attractive [1] - Citigroup's rate trading strategist Benjamin Wiltshire suggests that investors may be underestimating the resilience of U.S. consumption, leading to a likely slight upward revision of market inflation expectations [1] - Wiltshire recommends buying five-year/five-year forward inflation derivatives, arguing that the current pricing level of about 2.5% is too low compared to the persistent core inflation indicator, which remains just below 3% [1] Group 2 - Recent strong U.S. employment data has exceeded market expectations, causing a surge in U.S. Treasury yields and prompting traders to lower their expectations for Federal Reserve rate cuts this year [4] - The market's reluctance to price in inflation risks is attributed to disappointment over last year's U.S. tariff policies not quickly translating into inflation [4] - Wall Street remains vigilant about inflationary risks, anticipating that a strong economic recovery in the U.S. could reignite price increases, especially if the next Federal Reserve chair, likely to be Waller, guides policymakers to lower rates more aggressively [4] Group 3 - UBS Group AG's senior trader Ben Pearson indicates that the "inflationary boom" led by the U.S. is one of the most underestimated risks by investors this year [4] - If inflationary pressures materialize, the Federal Reserve may remain inactive in the first half of the year, forcing the market to price in rate hikes for the second half [5] - Lazard's CEO argues that it is reasonable and likely for U.S. inflation to return above 4% by the end of the year [5] Group 4 - The complexity of predicting inflation has increased due to tariff tensions and rapid advancements in emerging technologies [5] - Investors must also contend with geopolitical risks affecting oil prices, particularly from intermittent threats related to Iran [5] - BlackRock's Tom Becker has been increasing short positions in long-term U.S. and U.K. government bonds, expecting strong economic growth and rising commodity prices to exert upward pressure on consumer prices [5] Group 5 - In this uncertain environment, TIPS (Treasury Inflation-Protected Securities) offer a potential hedging mechanism against inflation [6] - Vanguard's senior portfolio manager Brian Quigley notes that TIPS are not without risks, particularly if oil prices fall sharply, which could quickly lower the breakeven point for these securities [7] - Pimco views TIPS as inexpensive insurance against inflation, believing they provide good protection if inflation exceeds the Federal Reserve's target, similar to the past four to five years [7]

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of BlackRock TCP Capital Corp. securities, alleging that the company made materially false and misleading statements regarding its business operations and financial health during the specified Class Period from November 6, 2024, to January 23, 2026 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that BlackRock TCP's investments were not being timely and appropriately valued, leading to understated unrealized losses and overstated net asset value (NAV) [5]. - Defendants allegedly failed to disclose material adverse facts about BlackRock TCP's business, including ineffective portfolio restructuring efforts [5]. - The lawsuit asserts that the misleading statements made by the defendants resulted in damages to investors when the true details became public [5]. Group 2: Participation Information - Investors who purchased BlackRock TCP securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must move the Court by April 6, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - Founding partner Laurence Rosen has received recognition as a leading figure in the plaintiffs' bar, further establishing the firm's credibility [4].

Core Viewpoint - A class action lawsuit has been filed against BlackRock TCP Capital Corp. for alleged securities fraud and unlawful business practices, with significant declines in net asset value (NAV) reported [1] Summary by Relevant Sections Class Action Lawsuit - The lawsuit is initiated by Pomerantz LLP, advising investors with losses to contact them for potential participation as Lead Plaintiff [1] - Investors have until April 6, 2026, to join the class action if they purchased BlackRock TCP securities during the specified Class Period [1] Financial Performance - On February 27, 2025, BlackRock TCP reported that the number of portfolio companies on non-accrual status had more than doubled, and its NAV fell over 22% year-over-year to $9.23 per share [1] - Despite the decline, BlackRock TCP maintained that its NAV was accurate, claiming that the majority of its portfolio continued to perform well [1] - Following this announcement, BlackRock TCP's stock price dropped by 9.6% [1] Subsequent NAV Disclosure - On January 23, 2026, BlackRock TCP disclosed that its NAV per share as of December 31, 2025, was actually between $7.05 and $7.09, representing a 19% decrease from the previous quarter and a 23.4% decrease from the prior year [1] - This revelation led to a nearly 13% decline in BlackRock TCP's stock price [1]

Core Viewpoint - BlackRock's recent financial report indicates strong performance with record-high assets under management (AUM), leading to multiple institutions raising their earnings forecasts and target prices for the company [1]. Group 1: Financial Performance - In the fourth quarter of 2025, BlackRock reported total revenue growth of 23% year-over-year, and net income attributable to common shareholders increased by 16% year-over-year [2]. - The AUM reached $14 trillion, reflecting a 22% year-over-year growth, marking a historical high [2]. Group 2: Institutional Perspectives - Several institutions raised their earnings forecasts and target prices for BlackRock in early February 2026, increasing the adjusted net profit forecast for 2026 by 4% to $9.118 billion and introducing a 2027 forecast of $9.930 billion [3]. - The target price was raised by 25% to $1,250, corresponding to an expected price-to-earnings ratio of approximately 23 times for 2026, indicating market optimism regarding the company's asset management business and global market recovery [3]. Group 3: Industry Policy and Environment - The global asset management industry was active in the fourth quarter of 2025, with accelerated capital inflows and a trend of investors shifting towards international markets, which may indirectly impact BlackRock's business [4]. - It is noted that BlackRock has not disclosed any special events such as mergers or new product launches in recent announcements [4].

市场后续将聚焦美国1月消费者价格指数数据，进一步判断通胀走势与美联储政策调整方向。 欧洲主要股市出现下跌，避险情绪持续笼罩市场。 花旗集团利率交易部门指出，市场对美国通胀前景过于乐观，押注价格压力上升的交易具备吸引力。本 杰明·威尔特希尔表示，"市场似乎坚信通胀会回落，但我们仍处于一个结构性更高的通胀环境。" 当前 美联储偏好的核心通胀指标仍维持在略低于3%的水平，叠加此前公布的强劲美国就业数据，推动市场 下调对美联储今年降息的预期。威尔特希尔同时提到，市场缺乏重新计入通胀溢价的动力，通胀风险被 低估。 贝莱德、桥水基金和太平洋投资管理公司等机构正针对新一轮通胀调整布局。贝莱德旗下一只基金建立 美、英国债空头头寸，以防预期中的降息未能实现；桥水更倾向配置股票而非债券；太平洋投资管理公 司则看好提供通胀调整收益的美国国债所提供的缓冲。 2026年法兰克福数字金融大会11日在德国举行，多名与会人士呼吁欧洲资本市场减少对美国金融体系的 过度依赖。德意志交易所集团执行董事会成员托马斯·布克表示，当前全球挑战复杂多变，欧洲资本市 场减少对美依赖关乎欧洲真正的战略自主权。 市场有风险，投资需谨慎。本文为AI基于第三方数据 ...

LOS ANGELES, Feb. 12, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises BlackRock TCP Capital Corp., (“BlackRock” or the "Company") (NASDAQ: TCPC) investors off a class action on behalf of investors that bought securities between November 6, 2024 and January 23, 2026, inclusive (the “Class Period”). BlackRock investors have until April 6, 2026 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss ...

格隆汇2月12日｜贝莱德旗下重仓韩国芯片制造商的ETF周三吸金2.81亿美元，创下该基金逾25年历史 最大单日资金流入纪录，显示投资者正加倍押注亚洲半导体涨势。这只规模130亿美元的iShares MSCI 韩国ETF，前两大持仓为三星电子及SK海力士——这两只芯片巨头今年已推动韩国综指上涨超30%并创 下历史新高。数据显示，该ETF近三月累计流入已超30亿美元。尽管对人工智能估值过高的担忧令更广 泛的科技股陷入震荡，投资者正轮动至盈利前景更为明朗的记忆体制造商。"当AI颠覆焦虑席卷众多行 业，避风港显然落在了记忆体股票身上，"琼斯交易股票销售交易员兼宏观策略师戴夫·卢茨表示，"三 星与海力士正持续推高韩国市场。" 如何抓住黄金波段机会？聪明钱的选择，黄金+股票一键搞定>> ...

Group 1 - BlackRock's long position in Contemporary Amperex Technology Co., Ltd. (CATL) H-shares decreased from 6.41% to 5.77% as of February 6, 2026 [1]

Core Viewpoint - BlackRock's long position in ZTE Corporation's H-shares decreased from 7.15% to 6.9% as of February 6, 2026 [1] Group 1 - BlackRock's holding in ZTE Corporation reflects a reduction in investment interest [1]

本文源自：金融界AI电报 据香港交易所披露，贝莱德（BlackRock）对ASMPT Ltd.的多头持仓比例于2026年2月6日从5.19%降至 4.99%。 ...