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AllianceBernstein Enhances ETF Offerings with Two New Fixed Income Conversions
Prnewswire· 2025-11-10 12:30
Core Insights - AllianceBernstein Holding L.P. and AllianceBernstein L.P. launched two actively managed ETFs: AB New York Intermediate Municipal ETF (NYM) and AB Core Bond ETF (CORB) on the NYSE [1][2] - The launch of these ETFs is part of AllianceBernstein's strategy to expand its $2.5 billion suite of innovative investment solutions in the municipal market and to enhance its offerings in Active Taxable Fixed Income [2] Fund Details - NYM aims to provide safety of principal and maximize total return after considering federal, state, and local taxes for New York residents, while CORB seeks to provide safety of principal and a moderate to high rate of current income [7] - AllianceBernstein's Active Fixed Income ETFs have grown to over $5.5 billion, indicating strong demand for these investment products [2] Market Position - AllianceBernstein's municipal platform has seen its assets under management (AUM) grow from $35 billion in 2016 to over $83 billion as of August 31, 2025, showcasing the firm's expertise in the fixed income market [2][4] - The firm was recently awarded the Money Management Institute / Barron's 2025 Industry Award for Asset Manager of the Year in the Retail Advisory category, highlighting its commitment to delivering optimal outcomes for clients [2]
KKR And The KKRS Baby Bond: High Yield, Valuation And Financial Performance (NYSE:KKR)
Seeking Alpha· 2025-11-10 09:19
Core Insights - The article discusses investment strategies focusing on income-generating financial instruments, particularly highlighting KKR & Co. Inc. as a key player in this space [1]. Group 1: Company Overview - KKR & Co. Inc. is recognized for its investment strategies that aim to identify mispriced investments in fixed-income and closed-end funds [1]. - The company is led by Denislav Iliev, who has over 15 years of day trading experience and manages a team of 40 analysts [1]. Group 2: Investment Strategies - The investment group, Trade With Beta, emphasizes frequent picks for mispriced preferred stocks and baby bonds, along with weekly reviews of over 1200 equities [1]. - The service also includes IPO previews, hedging strategies, and an actively managed portfolio, providing a comprehensive approach to investment [1].
Invesco Comstock Fund Q3 2025 Commentary (ACSTX)
Seeking Alpha· 2025-11-10 08:20
Core Viewpoint - Invesco is an independent investment management firm focused on enhancing the investment experience for individuals [1] Group 1 - Invesco emphasizes the importance of understanding investment objectives, risks, charges, and expenses before investing [1] - The firm provides educational information but does not offer tax advice, highlighting the complexity and variability of federal and state tax laws [1] - Opinions expressed by Invesco's authors are based on current market conditions and may change without notice, indicating a dynamic investment environment [1] Group 2 - Invesco Distributors, Inc. serves as the US distributor for Invesco Ltd.'s retail products and collective trust funds [1] - Invesco Advisers, Inc. and other affiliated investment advisers provide investment advisory services without selling securities [1] - Invesco Unit Investment Trusts are distributed by Invesco Capital Markets, Inc. and other broker-dealers, including Invesco Distributors, Inc. [1]
ABERDEEN INVESTMENTS ANNOUNCES THE LIQUIDATION OF ABRDN BLOOMBERG INDUSTRIAL METALS STRATEGY K-1 FREE ETF: BCIM
Prnewswire· 2025-11-07 21:17
Core Viewpoint - Aberdeen Investments is set to close and liquidate the abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF due to a strategic review aimed at focusing on products with higher investor demand [1][2]. Group 1: Fund Liquidation Details - The Fund will stop accepting creation requests after November 24, 2025, with the last trading day on December 3, 2025 [2]. - Liquidation proceeds will be distributed to shareholders around December 5, 2025 [2][4]. - The Fund may hold cash and securities inconsistent with its investment strategy during the liquidation process, leading to a higher tracking error [3]. Group 2: Shareholder Information - Shareholders can sell their Shares on NYSE Arca until market close on December 3, 2025, with customary brokerage charges applicable [4]. - After the market close on December 3, 2025, remaining Shares will be redeemed for cash based on the net asset value as of December 5, 2025, reflecting the costs of closing the Fund [4]. Group 3: Company Overview - Aberdeen manages $709.2 billion in assets as of June 30, 2025, with a focus on client-led growth across three business segments: Investments, Adviser, and ii (interactive investor) [9]. - The Investments business manages $504.1 billion for various clients, including insurance companies, sovereign wealth funds, and pension funds [9].
GAMCO Investors, Inc. Reports Results for the Third Quarter 2025
Globenewswire· 2025-11-07 21:15
Core Insights - Gabelli Investors, Inc. reported a 10% increase in quarterly revenues to $63.2 million for Q3 2025, with a total AUM of $35.0 billion, reflecting a 9% growth compared to Q3 2024 [3] Company Overview - Established in 1977, Gabelli is a recognized provider of investment advisory services, managing 27 open-end funds, 13 closed-end funds in the U.S., and one in the U.K., along with 5 actively managed ETFs and approximately 1,900 institutional and private wealth management investors [1][2] Financial Performance - The third quarter EPS was reported at $0.68, slightly down from $0.69 in the same quarter of 2024 [3] - The company maintains a strong liquidity position with $200.8 million in cash and investments, and no debt, supporting capital returns [3] Shareholder Returns - The Board has authorized a 25% increase in the quarterly dividend to $0.10 per share and an additional share buyback of 500,000 shares [3] - The Chairman and co-CEO has opted to waive the management fee for December [3]
Senvest Capital Inc. Reports Results for the Third Quarter Ended September 30, 2025
Globenewswire· 2025-11-07 21:01
Core Insights - Senvest Capital Inc. reported a net income attributable to common shareholders of $172.8 million for Q3 2025, an increase from $170.5 million in Q3 2024 [1][2] - The diluted earnings per share for the same period rose to $70.98, compared to $69.24 in the previous year [1][2] Financial Performance - Net income attributable to common shareholders: $172.8 million for Q3 2025 vs. $170.5 million for Q3 2024 [2] - Diluted earnings per share: $70.98 for Q3 2025 vs. $69.24 for Q3 2024 [2]
Associated Capital Announces 100% Dividend Increase and Expansion of Share Repurchase Authorization
Globenewswire· 2025-11-07 19:44
Core Points - The Company announced several shareholder compensation initiatives, including a 100% increase in the regular cash dividend, setting the quarterly dividend rate at $0.10 per share starting in 2026, compared to the current semi-annual rate of $0.10 per share [1] - A semi-annual dividend of $0.10 per share was declared, to be paid on December 16, 2025, to shareholders of record on December 2, 2025 [2] - The Board authorized an increase of 500,000 shares to the existing share repurchase program, with future purchases subject to various factors including the Company's financial position and market conditions [3] Company Overview - Associated Capital Group, Inc. is a diversified global financial services company based in Greenwich, Connecticut, providing alternative investment management through Gabelli & Company Investment Advisers, Inc. [4] - The Company has earmarked proprietary capital for direct investment in new and existing businesses, with initiatives including Gabelli Private Equity Partners, LLC and Gabelli Principal Strategies Group, LLC [4]
KKR & Co. Inc. 2025 Q3 - Results - Earnings Call Presentation (NYSE:KKR) 2025-11-07
Seeking Alpha· 2025-11-07 14:38
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
KKR(KKR) - 2025 Q3 - Earnings Call Presentation
2025-11-07 14:00
Financial Highlights - KKR reported record Fee Related Earnings (FRE) of $1 billion ($1.15/adj share) for the third quarter, a 3% increase year-over-year[19] - FRE reached $3.6 billion ($3.99/adj share) in the Last Twelve Months (LTM), up 16% year-over-year[19] - Total Operating Earnings (TOE) were $1.4 billion ($1.55/adj share) for the quarter, a 12% increase year-over-year[19] - Adjusted Net Income (ANI) was $1.3 billion ($1.41/adj share) for the quarter, up 8% year-over-year[19] - KKR's ANI reached $4.6 billion ($5.07/adj share) in the LTM, a 17% increase year-over-year[19] Assets Under Management (AUM) - AUM totaled $723 billion, a 16% increase year-over-year[19, 35] - Fee Paying Assets Under Management (FPAUM) reached $585 billion, a 16% increase year-over-year[19, 35] - Perpetual Capital amounted to $309 billion, a 19% increase year-over-year, representing 43% of AUM and 51% of FPAUM[33, 35] Capital Activity - New Capital Raised reached $43 billion in the quarter, the second-highest quarterly figure ever reported by KKR[7, 19] - Capital Invested totaled $26 billion in the quarter, marking KKR's most active investment quarter in history[19] - KKR has a record $126 billion of dry powder (uncalled commitments)[7, 38]
Onex Reports Third Quarter 2025 Results
Globenewswire· 2025-11-07 12:00
Core Insights - Onex Corporation reported its financial results for Q3 2025, highlighting ongoing progress across its business segments, particularly in Private Equity and Credit strategies [2][3]. Financial Results - Net earnings for Q3 2025 were $39 million, down from $127 million in Q3 2024, with net earnings per diluted share at $0.57 compared to $1.68 in the previous year [2][3]. - Total segment net earnings for Q3 2025 were $70 million, a decrease from $143 million in Q3 2024, with total segment net earnings per fully diluted share at $0.99, down from $1.88 [2][3]. - Distributable earnings for Q3 2025 were $111 million, significantly lower than $267 million in Q3 2024 [2][3]. Segment Performance - The Investing segment net earnings were $50 million in Q3 2025, compared to $121 million in Q3 2024, while the Asset Management segment net earnings were $20 million, slightly down from $22 million [2][3]. - Private Equity investments generated net gains of $21 million in Q3 2025, representing a less than 1% return, compared to $96 million or a 2% return in Q3 2024 [3][4]. - Credit strategies produced net gains of $17 million or a 2% return in Q3 2025, down from $29 million or a 3% return in Q3 2024 [4]. Strategic Developments - Onex announced the acquisition of a majority interest in Convex Group Limited, with AIG as a minority investor, which includes a $2 billion allocation to Onex private equity and credit strategies over three years [3]. - The company had approximately $8.5 billion of investing capital as of September 30, 2025, with investing capital per fully diluted share returning 7% year-to-date and 8% in the last twelve months [3][17]. Dividend Declaration - The Board of Directors declared a fourth-quarter dividend of C$0.10 per Subordinate Voting Share, payable on January 31, 2026, to shareholders of record on January 9, 2026 [5]. Cash and Near-Cash Position - Onex reported a cash and near-cash balance of $1.5 billion as of September 30, 2025, representing 18% of its investing capital, down from $1.6 billion or 19% at the end of 2024 [3][29].