Overall Performance - As of December 18, 2025, there are 235 public "fixed income + options" wealth management products with an average net value growth rate of 1.02% and an average maximum drawdown of 0.34% over the past three months [1] - Among these, 28 products had a net value growth rate below 0.5%, with the "Jiaoyue Global Allocation Linked Type One-Year Regular Open 4" from Ningyin Wealth Management being the only product with negative returns, showing a decline of 0.03% [1] - The top ten performing products include five from Zhaoyin Wealth Management, two from Xingyin Wealth Management, two from Jiaoyin Wealth Management, and one from Ningyin Wealth Management, with Zhaoyin's "Zhaorui Global Asset Momentum Series" taking the top three spots, the leading product achieving over 2% growth in net value [1] Highlighted Product Analysis - The "Jiaoyue Global Allocation Linked Type One-Year Regular Open 5" product, despite one product in the same series showing negative returns, performed well with a net value growth rate of 1.18%, ranking tenth [1] - This product was established on October 14, 2021, has a risk level of PR3, and its performance benchmark ranges from 0.20% to 5.40%, investing in various global asset allocation strategy indices [2] - As of the end of Q3 2025, the net asset value of this product was 24.062 million yuan, with 80.04% in bonds, 15.78% in non-standard assets, and smaller proportions in cash and financial derivatives [2] - The "Jiaoyue Global Allocation Linked Type One-Year Regular Open 4" product, despite recent negative returns, has an annualized return of 3.3% since inception, with 3.75% for 2024 and 6.33% for 2023, indicating potential for long-term returns [2]

Core Viewpoint - VanEck is launching two new funds that focus on companies with positive analyst sentiment, aiming to leverage expert opinions to enhance investment performance [2][4] Group 1: Fund Strategy - The VanEck MSCI EAFE Analyst Sentiment ETF and the VanEck MSCI EM Analyst Sentiment ETF will allocate approximately 80% of their investments to companies with favorable forward estimates for cash flow, earnings per share, price targets, and sales, as well as upgrades in analyst recommendations [2] - These funds will track the MSCI Europe, Australasia and Far East index and the MSCI Emerging Markets index, respectively [2] Group 2: Analyst Sentiment Impact - Analyst research significantly influences investor perceptions of corporate performance, earnings prospects, and valuation, with stocks that have the highest analyst sentiment scores historically outperforming those with the lowest scores over extended periods [4] - The new funds represent a systematic approach to investing based solely on positive analyst sentiment, a strategy not previously seen in ETFs [3] Group 3: Historical Context and Concerns - The launch of these funds builds on VanEck's previous sentiment-based investing strategy, exemplified by the Social Sentiment ETF (BUZZ), which has seen a year-to-date increase of over 35% [5] - There are concerns regarding the integrity of analyst estimates following the SEC's recent termination of a rule that previously restricted communication between analysts and bankers, which some believe could weaken investor protections [6]

Core Insights - State Street has successfully launched private credit ETFs, with the SPDR SSGA IG Public & Private Credit ETF (PRIV) outperforming its benchmark despite modest asset flows of approximately $96 million [2][3] - The second product, State Street Short Duration IG Public & Private Credit ETF (PRSD), debuted in September and has reached $90 million in assets [2] - Both ETFs are diversified bond funds, with a current allocation of about 20% to Apollo-sourced private credit investments, while maintaining liquidity constraints that limit illiquid investments to 15% of the portfolio [3][4] Industry Trends - The demand for private credit exposure is increasing, with asset managers actively launching new products, such as JPMorgan's Total Credit ETF, which will allocate up to 15% to private credit [4] - Capital Group and KKR have partnered to create two public and private debt interval funds, which have collectively raised over $500 million [4] - WisdomTree has introduced a tokenized mutual fund focused on private credit and alternative income [4]

Dividend and Share Buyback - Franklin Resources, Inc. declared a quarterly cash dividend of $0.33 per share, reflecting a 3.1% increase from the prior quarter and the same period last year, with a consistent dividend increase since 1981 [2] - The board approved an expanded share repurchase program, allowing the company to buy back an additional 20.8 million shares, bringing the total authorization to 40.0 million shares, with 19.2 million shares still available under the prior program [3] Technology Strategy and Blockchain Integration - Franklin Resources connected its blockchain infrastructure to the Canton Network, aimed at expanding the adoption of its tokenized fund offerings [4] - The Canton Network, which includes major financial firms, allows for private transaction details, enhancing interest from large institutions, and enables the trading of its Benji token, representing digital shares of its money market fund [5] - This integration is seen as a step toward greater collateral mobility, allowing assets to move and be reused as collateral across institutions almost instantly through blockchain [5] Company Overview - Franklin Resources operates as a global investment manager, offering a wide range of products including mutual funds, ETFs, and alternative strategies [6]

Core Insights - T. Rowe Price Group, Inc. (NASDAQ:TROW) is recognized among the Best Stocks for a Dividend Achievers List [1] Group 1: Price Target and Earnings Estimates - Morgan Stanley raised its price target on T. Rowe Price to $128 from $126 while maintaining an Equal Weight rating, citing weaker-than-expected client flows in Q4 [2] - The firm lowered its Q4 flow estimate by 30 basis points and reduced its Q4 earnings estimates by approximately 5% across the asset managers it covers, indicating near-term pressures rather than a long-term shift [2] Group 2: Strategic Alliances and Product Launches - Goldman Sachs Asset Management and T. Rowe Price announced the launch of co-branded model portfolios, marking the first products since their strategic alliance in September [3] - Four model portfolios are available on the GeoWealth platform, designed for registered investment advisors, with a fifth portfolio expected to launch in the first half of 2026, aimed at high-net-worth investors [4] Group 3: Company Overview - T. Rowe Price is a global investment management firm providing mutual funds, subadvisory services, separate accounts, and retirement solutions to a diverse client base including individuals, institutions, and financial intermediaries [5]

NEW YORK, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Blue Owl Capital Inc. ("Blue Owl Capital Inc." or the "Company") (NYSE: OWL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Blue Owl Capital Inc. investors who were adversely affected by alleged securities fraud between February 6, 2025 and November 16, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/ps ...

Core Viewpoint - Franklin Resources, also known as Franklin Templeton, is highlighted as a top dividend stock in the financial sector, appealing to investors seeking dividend opportunities [1] Company Overview - Franklin Resources is a global financial firm that provides a diverse range of products, including exchange-traded funds, mutual funds, and fixed-income and customized investment strategies [1] - The company manages assets totaling $1.66 trillion [1]

Group 1 - Virtus Investment Partners has launched the Virtus Silvant Growth Opportunities ETF (VGRO), expanding its actively managed ETF offerings to 26 [1][2] - VGRO employs bottom-up fundamental research to identify companies with strong growth potential, focusing on both secular and cyclical growth stocks [2][3] - The introduction of VGRO aligns with Virtus' strategy to provide a diverse ETF lineup that aims to enhance investor outcomes compared to passive strategies [3] Group 2 - Silvant Capital Management, the manager of VGRO, emphasizes that growth can occur in any sector and at various stages of a company's lifecycle [3] - Virtus ETF Solutions is a multi-manager ETF sponsor that offers both actively managed and index-based investment capabilities across multiple asset classes [4] - Virtus Investment Partners is a partnership of boutique investment managers dedicated to the long-term success of both individual and institutional investors, providing a range of investment products and services [5]

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Huber Capital Management, LLC today announced that the Huber Select Large Cap Value Fund, Institutional Class, (HULEX), has acquired the assets of the Coho Relative Value Fund (COHOX). "We're excited to welcome the Coho Relative Value Fund shareholders to our family and look forward to seeking to help them pursue their long-term investment goals within our established platform,†said Joe Huber, CEO of Huber Capital Management. "This acquisition reflects our. ...

Core Viewpoint - The recent executive orders and regulatory changes under the Trump administration are expected to facilitate the inclusion of private assets, including alternatives like private equity and cryptocurrency, in 401(k) retirement plans, which could significantly alter the retirement investment landscape [6][3]. Regulatory Changes - SEC Chair Paul Atkins emphasized the need for reasonable access to retail alternatives, while SEC Commissioner Mark Uyeda called for litigation reform to protect plan sponsors offering alternatives in 401(k) plans [1]. - The Labor Department rescinded a previous order that discouraged the use of cryptocurrency in 401(k)s, indicating a shift towards a more crypto-friendly regulatory environment [2]. Market Trends - Private asset allocations have been prominent in defined-benefit plans but face challenges in defined contribution plans due to ERISA protections and litigation risks [4]. - The private market asset management sector is experiencing a slowdown in institutional investors' appetite for alternatives, yet there is a strong push to access the approximately $13 trillion in 401(k) assets [4]. Industry Perspectives - Industry leaders, such as Cheryl Nash from InvestCloud, believe that private markets will increasingly become part of retirement plans, indicating a growing interest in alternatives among advisors and plan participants [5][11]. - Rick Pederson from Bow River Capital anticipates that private assets could become mainstream in 401(k) plans by 2027 or 2028, contingent on further legislative changes to mitigate litigation risks [7][8]. Product Development - Major asset management firms are actively developing products for 401(k) plans that include private market exposure, such as State Street Global Advisors' target-date funds and Goldman Sachs' Collective Trust – Private Credit Fund [9]. - Advisors are showing a preference for private equity as an alternative investment, with 43% indicating they are likely to recommend it, followed by private credit and private real estate [12]. Regulatory Concerns - There are concerns regarding the potential risks associated with expanding alternatives to retail investors, with critics arguing that it could expose ordinary savers to complex financial products [14][15]. - The SEC's approach to democratizing access to alternatives is expected to be gradual rather than a sweeping overhaul, with a focus on incremental changes [17][18].