Core Insights - DeFi Technologies has successfully launched two digital asset exchange traded products (ETPs) on the SIX Swiss Exchange, marking its entry into the Swiss market [1][6] - The newly listed ETPs, 1Valour Hedera (HBAR) and 1Valour Internet Computer (ICP), provide regulated access to digital assets while integrating staking rewards [2][6] Product Details - 1Valour Hedera (HBAR) Physical Staking offers exposure to the Hedera network's native token, HBAR, while capturing staking rewards without requiring users to manage wallets [3] - 1Valour Internet Computer (ICP) Physical Staking provides passive exposure to ICP, enabling investors to participate in the network's native economics through a traditional financial instrument [4] Executive Commentary - Johanna Belitz, Head of Nordics and DACH at Valour, emphasized the significance of the launch on SIX as a milestone in democratizing access to digital assets in Switzerland [5] - Elaine Buehler, Head of Products at Valour, noted the growing institutional and retail appetite for yield-generating digital asset products [5] Market Expansion - With the addition of these products, Valour now offers over 75 ETPs across various European exchanges and aims to reach 100 ETPs by the end of 2025 [5][6]

Core Viewpoint - State Street and BlackRock, two of the largest global financial institutions, reported strong Q2 earnings, raising questions about which asset manager presents a better investment opportunity at the moment [1][2][3]. Group 1: State Street's Q2 Performance - State Street reported Q2 earnings of $2.53 per share, exceeding the Zacks EPS Consensus of $2.36 by 7% and marking a 17% increase from $2.15 in the same quarter last year [4]. - The company achieved record Q2 sales of $3.44 billion, an 8% increase from $3.19 billion a year ago, surpassing estimates of $3.37 billion [4]. - Fee revenue for State Street spiked 12%, driven by servicing, management, and software fees, alongside a 27% surge in FX trading volumes [5]. Group 2: BlackRock's Q2 Performance - BlackRock's Q2 EPS was $12.05, beating expectations of $10.71 by 12% and increasing 16% from $10.36 in the same quarter last year [6]. - The company's sales reached $5.42 billion, which, while a 13% increase from $4.8 billion in Q2 2024, fell short of estimates of $5.44 billion [6]. - BlackRock generated 7% organic base fee growth and over $650 billion in net inflows, attributed to record inflows for its iShares ETFs and expansions in private markets [7]. Group 3: Assets Under Management (AUM) - Both State Street and BlackRock achieved record AUM, with State Street's AUM increasing 17% year over year to $5.1 trillion, while BlackRock's AUM rose 18% to $12.53 trillion, making it the first asset manager to surpass $12 trillion [10]. Group 4: Dividend and Valuation Comparison - State Street announced an 11% increase in its quarterly dividend to $0.84 per share, resulting in a current dividend yield of 2.98%, which is higher than BlackRock's 1.99% [11]. - State Street trades at a forward earnings multiple of 10.5X, significantly lower than BlackRock's 22.5X and the S&P 500's 24.1X [13]. Group 5: Investment Outlook - Both State Street and BlackRock stocks have seen gains of over 4% year to date and more than 20% over the last year, indicating their viability as investments [14]. - State Street holds a Zacks Rank 1 (Strong Buy), making it an appealing option due to its dividend and P/E valuation, while BlackRock has a Zacks Rank 2 (Buy) and excels in technology and data-driven strategies [15].

BlackRock, Inc. BLK on Tuesday reported that second-quarter 2025 revenue grew 13% year-over-year to $5.42 billion, beating the consensus of $5.34 billion. Adjusted operating income rose 12% to $2.09 billion. Adjusted EPS increased 16% to $12.05, beating the consensus of $10.80.Also Read: Big Banks Smash Earnings Expectations But Rally Fails To Produce New FuelGoldman Sachs maintains the Buy rating on BlackRock, revising the price forecast $1,163 from $1,115.Analyst Alexander Blostein on Wednesday wrote the ...

Active asset managers continue to face pressure as trillions flow into passive index funds. To stay competitive, they must adapt or risk losing share. Some rely on their scale to defend legacy assets while others aggressively acquire new franchises to keepJoseph Jones, professor at The University of Southern Mississippi, has over fifteen years of experience studying the market. He focuses on portfolio construction from a dividend growth investor's perspective. The insights expressed in his research are sole ...

BlackRock, Inc. BLK reported better-than-expected earnings for the second quarter on Tuesday.The company reported that second-quarter 2025 revenue grew 13% year-over-year to $5.42 billion, beating the consensus of $5.34 billion. Adjusted EPS increased 16% to $12.05, beating the consensus of $10.80.Laurence Fink, Chairman and CEO, commented, "Our expanding client relationships are resonating in higher, more diversified organic base fee growth. We generated 6% organic base fee growth for the second quarter an ...

Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xav ...

I think that it would be fair to say that majority of income-seeking investors have either considered or already included something from the PIMCO designed closed end fund vehicle segment into their portfolios.Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital ma ...

Core Insights - BlackRock (BLK) has become the first asset manager to exceed $12 trillion in assets under management (AUM), reaching $12.53 trillion in Q2 2025, which significantly contributed to adjusted earnings of $12.05 per share, surpassing estimates by 13% and increasing 16% year-over-year [1][9] Financial Performance - Total revenues on a GAAP basis were $5.42 billion, reflecting a 13% year-over-year increase, although slightly below the consensus estimate of $5.43 billion [2][9] - Investment advisory and administration fees rose 15% to $4.28 billion, while technology services and subscription revenues surged 26% to $499 million; however, performance fees dropped 43% to $94 million [8][9] - Total expenses increased by 23% to $3.69 billion, primarily due to a 17% rise in employee compensation and benefits [10] AUM and Market Dynamics - The record AUM was driven by an 18% year-over-year increase, supported by strong U.S. stock market performance and robust net client inflows [3][9] - BlackRock experienced total net inflows of $68 billion in the quarter, with significant contributions from cash and money-market funds ($22 billion), digital asset ETFs ($14 billion), and alternative investments ($9.8 billion) [4] Client Activity - A notable withdrawal of $52 billion by a large Asian institutional client from a low-cost index strategy negatively impacted long-term net inflows, which decreased by 10% year-over-year to $46 billion [2][9]

LONDON and CHICAGO, July 16, 2025 (GLOBE NEWSWIRE) -- Wilshire Indexes, a global leader in index design, and GCM Grosvenor (NASDAQ: GCMG), a leading global alternative asset management solutions provider, today announced the launch of the jointly developed FT Wilshire Private Markets Infrastructure Index (the “Index”). This first-of-its-kind benchmark fills a void for the asset class by providing investors with a transparent, reliable reference point based on the performance of a diversified universe of lea ...

Core Viewpoint - The incident of data leakage at Bosera Asset Management Co., Ltd. has raised significant concerns in the financial industry, particularly regarding employee salary information and the implications for information security and compensation governance in the public fund sector [1][3]. Group 1: Incident Details - On July 16, news emerged about a potential data leak involving employee salary information from Bosera Fund, with details shared on GitHub, including employee IDs, names, positions, and monthly salaries [1]. - The leaked data indicated that the highest monthly salary reached 135,000 yuan, while the year-end bonus for the fixed income department showed a maximum of 6.1 million yuan and a minimum of 490,000 yuan [1]. - The salary distribution revealed that 9 employees earned less than 20,000 yuan, 39 earned between 20,000 and 50,000 yuan, 16 earned between 50,000 and 100,000 yuan, and 7 earned over 100,000 yuan [1]. Group 2: Company Response and Context - Bosera Fund has publicly stated that the leaked data does not reflect actual conditions and involves personal privacy and business secrets, and the company has reported the incident to law enforcement [3]. - The timing of the incident coincides with significant reforms in compensation management within the public fund industry, with several state-owned enterprises initiating salary reductions for high-income employees starting in 2024 [3]. - The China Securities Regulatory Commission has introduced measures aimed at optimizing fund operation models and reducing performance-based compensation to better align with investor interests [3]. Group 3: Company Overview - Established in July 1998, Bosera Fund is one of the first public fund managers in China, with a major shareholder being China Merchants Securities, holding 49% [3]. - As of the end of Q2 2025, Bosera Fund managed assets totaling 1.07 trillion yuan, ranking sixth in the industry, with a portfolio of 386 fund products across various categories [3].