About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate. Chairman and Chief Executive Officer, Laurence D. Fink, President, Robert S. Kapito, and Chief Financial Officer, Martin S. ...

Core Viewpoint - Huaxi Securities indicated that Huaxi Fund, established relatively recently, has launched four equity funds and one bond fund, with a limited overall management scale. The company aims for steady development and plans to expand its sales channels, increase asset management scale, enhance brand image and market influence, and promote high-quality growth [1] Group 1 - Huaxi Fund has issued four equity funds and one bond fund [1] - The overall management scale of Huaxi Fund is relatively limited [1] - The company will adhere to a steady development philosophy [1] Group 2 - Future plans include continuous expansion of sales channels [1] - The goal is to increase asset management scale [1] - The company aims to enhance brand image and market influence [1]

Core Insights - The S&P 500 is experiencing unprecedented concentration, with the 10 largest companies accounting for about 40% of the index's weight, significantly above the long-term average of approximately 20% [1][2] Group 1: Market Concentration - Analysts express concern that high concentration may lead to lower S&P 500 returns over the next decade compared to a less concentrated market [2] - The top 10 stocks in the S&P 500 account for 35% of the index's earnings, making the current weight of 40% reasonable [6] Group 2: Investment Alternatives - The Invesco S&P 500 Revenue ETF tracks the S&P 500 but weights stocks based on trailing-12-month revenue, imposing a 5% weight cap on individual stocks [3][5] - The Invesco S&P 500 Equal Weight ETF measures performance by giving equal weight to all constituents, eliminating concentration risk entirely [8][9] Group 3: Performance and Fees - The Invesco S&P 500 Revenue ETF has returned 545% since its inception in 2008, while the S&P 500 has returned 630%, indicating potential for continued underperformance due to concentration risk [6][10] - The Invesco S&P 500 Revenue ETF has a relatively high expense ratio of 0.39%, while the Invesco S&P 500 Equal Weight ETF has a lower expense ratio of 0.2%, making it a more cost-effective option for investors seeking exposure without concentration risk [7][11]

Core Insights - The average net value growth rate for "fixed income + options" public wealth management products in 2025 is 2.14%, exceeding the average return of 2024 by 47 basis points [5] - The A-share market experienced a significant recovery in 2025, with the Shanghai Composite Index rising by 18.41% and the Shenzhen Component Index by 29.87%, contributing to the performance of structured products linked to major stock indices [5] - Gold prices reached historical highs in 2025, with a nearly 70% increase, making gold-linked structured products popular among new "fixed income + options" offerings [5] Product Performance - The top-performing product is the "Zhaoyin Global Asset Momentum Two-Year Open 10th A Fund" with a net value growth rate of 7.96% [6][7] - The second and third positions are held by "Zhaoyin Global Asset Momentum Fourteen-Month Open 2nd A Fund" at 5.40% and "Ping An Wealth Management's Xinxiang Index Enhanced One-Year Open" at 5.16% [6][8] - The top three products are linked to major asset indices, with all established in 2021 [7] Investment Strategies - The "Zhaoyin Global Asset Momentum Two-Year Open 10th A Fund" employs a strategy that includes a significant portion of fixed income investments, focusing on stable returns while also investing in equities and commodities [7] - The "Zhaoyin Global Asset Momentum Fourteen-Month Open 2nd A Fund" follows a similar strategy, investing at least 90% of the principal in fixed income assets [8] - The "Ping An Wealth Management's Xinxiang Index Enhanced One-Year Open" is designed for investors seeking to enhance returns through equity exposure while maintaining a solid fixed income base [8]

NEW YORK (AP) — Wall Street steadied on Thursday as stocks in the artificial-intelligence industry bounced back following an encouraging report from a Taiwanese chip giant and as oil prices eased sharply. The S&P 500 rose 0.3% and snapped the two-day losing streak it had been on since setting an all-time high. The Dow Jones Industrial Average added 292 points, or 0.6%, and the Nasdaq composite rose 0.2%. Nvidia and other formerly high-flying AI stocks helped lift the market after Taiwan Semiconductor Man ...

Core Viewpoint - The Gross Law Firm is notifying shareholders of Blue Owl Capital Inc. regarding a class action lawsuit due to alleged misleading statements and undisclosed liquidity issues during a specified class period [1][3]. Group 1: Allegations - The complaint alleges that Blue Owl faced significant pressure on its asset base from redemptions by business development companies [3]. - It is claimed that the company was experiencing undisclosed liquidity issues as a result of these pressures [3]. - The lawsuit suggests that Blue Owl may need to limit or halt redemptions of certain business development companies, which contradicts previous positive statements made by the company regarding its business and prospects [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as February 6, 2025, to November 16, 2025 [3]. - Shareholders are encouraged to register for the class action by February 2, 2026, to potentially be appointed as lead plaintiffs [4]. - Participation in the case does not require a fee or obligation, and registered shareholders will receive updates through portfolio monitoring software [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

US stock futures climbed on Thursday, signaling a recovery from back-to-back losses as chip linchpin TSMC's strong outlook boosted AI hopes in the wait for more big bank earnings. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.8% to lead the way higher, with those on the S&P 500 (ES=F) up roughly 0.4%. Dow Jones Industrial Average futures (YM=F) added 0.1% following a second straight day of losses for the Wall Street indexes. TSMC, the world's largest contract chipmaker, posted a 35% jump in fourt ...

Core Insights - The article discusses the macroeconomic factors influencing advisors and investors in 2026, particularly focusing on the Federal Reserve's independence and inflation concerns [2][3]. Federal Reserve Developments - The Department of Justice has subpoenaed the Federal Reserve, raising concerns about its independence, which could impact market dynamics [3][4]. - Market reactions have shown initial pullbacks following the news, with expectations that advisors and traders will adopt a wait-and-see approach until more clarity emerges [5]. - There is speculation about whether Jerome Powell will remain as a governor until 2028, highlighting the uncertainty surrounding leadership at the Fed [6]. Inflation Concerns - There are doubts regarding the accuracy of the Consumer Price Index (CPI) due to outdated methods used by the Bureau of Labor Statistics, which may misrepresent the true inflation landscape [7][8]. - Advisors and investors are currently underexposed to commodities, particularly gold, which presents opportunities for hedging against inflation and achieving long-term gains [9]. Investment Opportunities - The WisdomTree Japan Opportunities Fund (OPPJ) is highlighted as a compelling investment choice for 2026, as Japan's economy shows signs of improvement due to favorable fiscal policies and moderate inflation [10][11]. - OPPJ targets Japanese companies with strong growth potential, including those held by Berkshire Hathaway and those with high shareholder yields, providing a diversified investment approach [12]. - The fund is positioned as a strategic option for navigating the uncertainties of the U.S. markets in 2026, encouraging advisors to remain adaptable [13].

Goldman Sachs, Morgan Stanley, and BlackRock are slated to release fourth-quarter earnings on Thursday after a tough day for investors in the financial sector. UBS analyst Michael Brown noted in a report this week that BlackRock typically offers guidance on organic base fee growth, core expenses, its tax rate, and buybacks as part of fourth-quarter earnings. Investors will be able to parse results from BlackRock, the world's largest asset manager, to learn how fee growth and fund flow metrics were in the qu ...

Core Insights - DoubleLine CEO/CIO Jeffrey Gundlach provided insights on market trends during a recent Just Markets webcast, reflecting on 2025 and projecting opportunities for 2026 with supporting charts [1] Group 1 - Gundlach emphasized the importance of analyzing past market performance to identify future investment opportunities [1] - The webcast included a variety of charts that illustrated Gundlach's market assertions and predictions for the upcoming year [1] - The discussion highlighted potential sectors and asset classes that may present favorable conditions for investment in 2026 [1]