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State Street's All Weather ETF Shining With $500M
Etftrends· 2025-10-14 13:48
ALLW had its highest asset class exposure to global nominal bonds, but also included commodities, global equities, and inflation-linked bonds. The ETF rose 11.2% between its early March inception and September 30. Demand has also been building steadily. In the second quarter, the ETF gathered $127 million of new money and followed this up with an additional $161 million in the third quarter. It's an institutional-caliber strategy being purchased by retail investors. State Street Investment Management's acti ...
China Is Playing Hardball
Seeking Alpha· 2025-10-14 12:55
Core Insights - Lawrence Fuller has 30 years of experience managing portfolios for individual investors, starting at Merrill Lynch in 1993 and later founding Fuller Asset Management for independence [1] - Fuller Asset Management manages the Focused Growth portfolio on Dub, a copy-trading platform approved by US securities regulators, allowing retail investors to automatically copy chosen managers' trades [1] Company Overview - Fuller Asset Management (FAM) is a state-registered investment adviser led by Lawrence Fuller [3] - The firm emphasizes that the information provided is for educational purposes and does not constitute an offer or solicitation for specific securities or investment strategies [3] Platform Details - Dub is highlighted as the first copy-trading platform in the US that allows retail investors to replicate the portfolio and trades of selected managers automatically [1] - The platform aims to democratize access to investment strategies for individual investors [1]
BLK Tops Earnings, Shows Crypto & Fixed Income Growth
Youtube· 2025-10-14 12:55
joining me now for a look across another bank uh sector earnings, finance sector earnings. We've got Kathy Seafford, director of CFRA research. Kathy, thank you so much for joining us.All right, let's talk about this quarterly report card from Black Rockck. They beat expectations on the top and bottom line. They hit a record of assets under management, 13.5% trillion.Uh what's your take overall in its latest quarter. Um my take is that there's a combination of the tailwind from really good fund flows couple ...
Ares Management: I'm Buying The Push Into Energy Infrastructure
Seeking Alpha· 2025-10-14 12:45
Ares has been relatively unchanged since my last analysis , posting a total return of 4.39% while the S&P500 has appreciated a massive 26.88% during that time span. Ares has seen a relatively big decline in its stock price since early September, with aAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil ...
X @Wendy O
Wendy O· 2025-10-14 12:40
BlackRock CEO Larry Fink says the firm is developing its own tech for asset tokenization ...
BlackRock(BLK) - 2025 Q3 - Earnings Call Transcript
2025-10-14 12:30
Financial Data and Key Metrics Changes - BlackRock reported third quarter revenue of $6.5 billion, a 25% increase year over year, driven by acquisitions and organic base fee growth [13] - Operating income rose to $2.6 billion, up 23% year over year, while earnings per share increased by 1% to $11.55 [13] - The company finished the quarter with record assets under management (AUM) of $13.5 trillion, with net inflows of $205 billion in the third quarter, reflecting 10% annualized organic base fee growth [12][19] Business Line Data and Key Metrics Changes - The organic base fee growth was 8% over the last 12 months, the highest level in over four years, with significant contributions from ETFs, private markets, and cash management [10][12] - Performance fees increased by 33% year over year to $516 million, primarily due to contributions from HPS [15] - Technology services and subscription revenue rose by 28% year over year, reflecting strong demand for Aladdin technology offerings [15] Market Data and Key Metrics Changes - iShares ETFs generated record net inflows of $153 billion in the third quarter, with core equity and index fixed income leading the way [19] - The cash management platform crossed $1 trillion in AUM, growing 45% over the last three years, with $34 billion of net inflows in the quarter [21] - Institutional active franchise saw $22 billion of net inflows, driven by a $30 billion pension outsourcing mandate [20] Company Strategy and Development Direction - BlackRock's strategy focuses on integrating capabilities across private markets, digital assets, and technology to unlock growth opportunities [12][22] - The company aims to leverage its acquisitions to enhance client engagement and expand its service offerings, particularly in private credit and digital assets [27][29] - BlackRock is exploring tokenization to bridge traditional capital markets with digital assets, aiming to create a seamless investment experience for clients [31][33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong client engagement and the potential for continued organic growth [22][24] - The company highlighted the importance of adapting to market changes and client needs, particularly in the context of digital assets and private markets [36][37] - Management noted that the fourth quarter is typically the strongest for organic growth, positioning the company well for continued success [21][22] Other Important Information - BlackRock repurchased $375 million worth of shares in the third quarter and plans to continue share repurchases in the fourth quarter [19] - The company expects a low teens percentage increase in core G&A expenses year over year, driven by recent acquisitions [18] Q&A Session Summary Question: What was the contribution of various business lines to the 10% base fee organic growth? - Management noted that organic base fee growth was highly diversified across franchises, with significant contributions from digital assets, active ETFs, and systematic strategies [45][48] Question: What are BlackRock's ambitions regarding tokenization? - Management emphasized the potential of tokenization to enhance access to traditional assets for younger investors and mentioned ongoing discussions with major platforms to advance this initiative [58][60] Question: How is BlackRock addressing concerns in the private credit market? - Management reassured that credit quality remains strong and that private credit markets are well-positioned for continued growth, despite recent market anxieties [72][75] Question: What impact could ETF share classes have on BlackRock? - Management views the introduction of ETF share classes as a positive development that could enhance distribution and allow for greater flexibility in investment strategies [80][84] Question: How is BlackRock expanding its distribution in private credit? - Management highlighted ongoing discussions with leading insurers and plans to accelerate the launch of semi-liquid products across various private credit strategies [96]
Predictive Oncology Announces Additions to Board and Leadership Team to Support Digital Asset Treasury Strategy
Globenewswire· 2025-10-14 12:00
Appoints Shawn Matthews, CEO of DNA Holdings Venture, Inc., and Former CEO of Cantor Fitzgerald, to its Board of Directors Names Thomas McLaughlin and Sara Turken, JD, as Chief Investment Officer and General Counsel, respectively PITTSBURGH, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Predictive Oncology Inc. (NASDAQ: POAI), a leader in AI-driven drug discovery and the first Strategic Compute Reserve leveraging the Aethir ecosystem to democratize access to AI infrastructure, today announced additions to its leadershi ...
Apollo Global: Private Credit Fears Create Opportunity (Upgrade)
Seeking Alpha· 2025-10-14 12:00
Shares of Apollo Global Management, Inc. (NYSE: APO ) have been a poor performer over the past year, losing about 13% of their value. While asset market performance has been strong, which should benefit private equity valuations, ongoing concerns aboutOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, ju ...
BlackRock Regains Buy Point As Revenue Snaps Losing Streak
Investors· 2025-10-14 14:10
Core Insights - The article emphasizes the importance of reliable information sources for investors, highlighting that historical performance does not guarantee future success [1][2] Group 1 - The information provided is intended for educational purposes and should not be considered as an offer or recommendation to buy or sell securities [1] - The data is sourced from reliable entities, but there is no guarantee regarding its accuracy or timeliness [1] - The ownership and estimate data are provided by LSEG and FactSet, respectively, indicating a reliance on established financial data providers [2]
Sprott Physical Silver Trust Net Asset Value Reaches $10 Billion
Globenewswire· 2025-10-14 11:30
TORONTO, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Silver Trust (NYSE Arca/TSX: PSLV) (“PSLV” or “the Trust”) today announced that PSLV’s net asset value (“NAV”) has surpassed US$10 billion. “This is a significant milestone for the Sprott Physical Silver Trust and we would like to thank our unitholders for their trust and support,” said John Ciampaglia, Chief Executive Officer of Sprott Asset Management. “Silver prices have recently set all-tim ...