NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Blue Owl Capital Inc. (NYSE: OWL). Shareholders who purchased shares of OWL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/blue-owl-capital-inc-loss-submission-form/?id=181004&from=3 CLASS PERIOD: Februa ...

Core Viewpoint - Invesco's QQQ has been voted to convert into an open-ended structure, potentially unlocking hundreds of millions in annual revenue for the asset manager [1] Group 1: Company Impact - The conversion to an open-ended structure is expected to significantly enhance revenue generation capabilities for Invesco [1] - This change could position Invesco more competitively within the ETF market, particularly as it is the world's fifth-largest ETF [1] Group 2: Industry Implications - The decision reflects a broader trend in the ETF industry towards more flexible investment structures, which may attract a wider range of investors [1] - The move could influence other asset managers to consider similar structural changes to enhance their product offerings and revenue streams [1]

JPMorgan Asset Management is tapping into a booming market for wealthy investors with the launch of a private fund designed to maximize after-tax returns by generating losses. https://t.co/mUgMQEvgop ...

Core Insights - State Street Corp. launched a private credit exchange-traded fund (ETF) named PRIV in February, strategically timed ahead of an executive order promoting alternative investments [1] - The fund has faced scrutiny from the US Securities and Exchange Commission (SEC) and has struggled to attract significant investment, with only $45 million raised compared to the broader ETF industry's $1.5 trillion intake [2][4] - The fund's actual investment in private credit is limited, with documents indicating that such debt constitutes only 10% to 35% of the fund, while the majority is invested in publicly traded debt [2][7] Fund Performance and Market Challenges - Despite outperforming its bond-market benchmark with a return of over 5.6% since launch, the fund's appeal is hindered by high fees and a complex investment structure [4][9][10] - The private credit industry is facing intensified challenges, including fierce competition and public scrutiny, which have raised concerns about the suitability of illiquid assets for everyday investors [6] - The fund's liquidity mismatch poses a significant risk, as private loans are typically harder to sell quickly, leading to potential difficulties in returning funds during downturns [11][12] Regulatory Scrutiny and Industry Response - The SEC has raised concerns regarding the fund's liquidity risk management, prompting State Street to clarify that other broker-dealers can provide quotes for private debt [11] - In response to market challenges, State Street has launched a second ETF to invest in both public and private credit, indicating a commitment to expanding its offerings despite regulatory scrutiny [12] - The fund's structure and the nature of its holdings have sparked debate among analysts, with estimates of private credit assets varying significantly [6][13]

Group 1 - Trian Fund Management and General Catalyst Group will acquire Janus Henderson Group in an all-cash deal valued at approximately $7.4 billion [2] - Shareholders of Janus Henderson will receive $49 per share, representing an 18% premium from the closing price on October 24, prior to the acquisition announcement [4] - The transaction is expected to close in mid-2026, with the current management team, including CEO Ali Dibadj, remaining in place [4] Group 2 - The acquisition is seen as a strong affirmation of Janus Henderson's long-term strategy, allowing for further investment in product offerings, client services, technology, and talent [5] - Janus Henderson has had a busy year, including managing a $45 billion fixed-income portfolio for Guardian Life Insurance Co. and developing multi-asset solution portfolios for Park Avenue Securities [5] - CNO Financial Group acquired a minority stake in Victory Park Capital, a private credit manager owned by Janus Henderson, for $600 million in capital commitments [6] Group 3 - As of September 30, Janus Henderson managed approximately $484 billion in assets, with 50% from intermediary clients, 30% from institutional clients, and 20% from self-directed investors [7] - Trian has been a shareholder of Janus Henderson since 2020, currently owning 20.6% of its shares, while other significant shareholders include BlackRock and Vanguard [8]

Core Insights - The end of the year is approaching, and retirees need to be aware of the requirement to take required minimum distributions (RMDs) from their retirement accounts, as missed RMDs could cost them up to $1.7 billion annually according to Vanguard [1][6] Group 1: RMD Requirements - Investors aged 73 and older must take RMDs from accounts like 401(k)s and traditional IRAs, with exceptions for those still working with a 401(k) through their employer [2] - For retirees aged 74 and older, RMDs must be taken by December 31 each year, while those turning 73 in the current year have until April 1 of the following year to take their first RMD [4][6] Group 2: Impact of Missed RMDs - Vanguard's research indicates that 6.7% of RMD-eligible investors missed their RMDs in 2024, with an average RMD amount of $11,600, leading to potential penalties of $1,160 or $2,900 depending on the penalty rate [2][3] - The estimated number of IRA holders missing their RMDs annually is around 585,000, resulting in total potential tax penalties ranging from $678 million to $1.7 billion each year [3] Group 3: Behavioral Insights - Reducing the rate of missed RMDs, even slightly, could save retirees hundreds of millions of dollars annually, highlighting the importance of awareness and compliance with RMD rules [5]

Core Insights - The wealth management sector should industrialize its growth strategies, focusing on analytics and streamlined onboarding processes to enhance performance [1] - A significant consolidation trend is observed, with approximately 210 transactions per year since 2022, potentially reducing the number of asset and wealth managers by up to 20% by 2029 [4] - High-net-worth individuals with $1-10 million in assets represent a key demographic, holding around $38 trillion in investable wealth and showing stable revenue yields [3] Growth Strategies - Firms are encouraged to build ecosystems that support private market investments, including educating clients and introducing liquidity tools [1] - Simplifying product offerings and re-architecting core platforms can lead to gross savings of 10% to 25% [2] - The integration of AI is expected to enhance productivity and efficiency within firms [8] Market Dynamics - The alternative investment market is growing, with semi-liquid formats increasing by 41% year-over-year in 2024, making private markets more accessible [3] - Revenue margins for wealth management firms are declining, with a projected decrease of around six basis points in 2024 and an additional three basis points in the first half of 2025 [5] - Global household financial wealth is expected to grow by approximately 5.5% per year until 2029, despite shrinking revenue margins for firms [9] Client Expectations - Clients are increasingly demanding digital solutions, including self-service portals and rapid onboarding processes [7] - The industry is shifting towards an industrialized model of financial advice, with automated systems handling the majority of processes [11] - Specialized propositions for high-net-worth individuals will be developed, offering tiered services based on wealth levels [12] Future Trends - The financial services industry is projected to see around 1,500 transactions by 2029, driven by banks and independent firms consolidating [7] - Tokenization, including stablecoins, is expected to reshape deposit economies and client cash management [7] - Continued demand for yield-plus investments and tokenized cash for liquidity management is anticipated [10]

Group 1 - BlackRock has identified its iShares Bitcoin Trust (IBIT) ETF as one of the top three investment themes for 2025, despite Bitcoin's decline this year [1] - Bitcoin has experienced a drop of over 4% year-to-date, marking its first decline in three years, and IBIT has reflected this performance [2] - IBIT has attracted significant investor interest, ranking sixth among all ETFs for 2025 inflows with over $25 billion since January [2] Group 2 - The emphasis on IBIT suggests BlackRock's strong conviction that Bitcoin should be included in diversified portfolios, rather than merely promoting a high-revenue product [2][3] - BlackRock's decision to spotlight IBIT, despite its underperformance compared to other ETFs, indicates a long-term commitment to the crypto asset [3] - Positioning Bitcoin alongside traditional assets like cash and stocks may alter perceptions of cryptocurrency among investors who view it as speculative [3]

Janus Henderson has agreed to a takeover by investment firms Trian Fund Management and General Catalyst valuing the asset manager at roughly $7.4 billion https://t.co/5vSoUxx9eq ...

Market Overview - The S&P 500 rose 0.4% in early trading, indicating cautious optimism among investors as the year-end approaches, with the index adding about 107 points and the Nasdaq climbing roughly 0.6% [1][12] - Trading volumes were lighter than usual due to the shortened Christmas week, but there was renewed buying interest in large-cap technology and AI-linked stocks [1][12] Technology Sector Performance - AI-focused stocks provided significant momentum, with Nvidia shares rising over 1% following reports of planned shipments of H200 processors to China by mid-February, pending regulatory approvals, which boosted optimism around Nvidia's international revenue pipeline [3][12] - Micron Technology gained close to 3% as investors anticipated strong demand for high-bandwidth memory related to AI workloads [4][12] - Other major technology names also saw gains, with one company adding over 1% after re-entering investor focus due to strategic deal headlines and positive analyst commentary [4][12] Market Sentiment and Trends - Despite the recent rebound, investors are divided on the sustainability of AI stocks' leadership, with some rotating towards cheaper sectors after months of tech outperformance [12] - Concerns about the Santa Claus rally persist, as the S&P 500 struggles to hold key technical levels, leading to a market tone described as more churn than rally [9][12] - Analysts expect muted moves and selective positioning in the market due to fewer trading sessions and thinner liquidity ahead of the holidays [11][12] Corporate News - Janus Henderson agreed to be acquired by Trian Fund Management and General Catalyst in a $7.4 billion cash deal, highlighting ongoing consolidation in the financial services sector [10][12] - Warner Bros. Discovery shares increased following confirmation of financing tied to Larry Ellison, contributing to momentum in media stocks [10][12] - Crypto-linked equities advanced as Bitcoin rebounded toward $90,000, positively impacting companies like Strategy and Mara Holdings [11][12]