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Fidelity Limited Term Bond ETF Q2 2025 Commentary
Seeking Alpha· 2025-07-29 10:05
Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries acro ...
Nomura (NMR) - 2026 Q1 - Earnings Call Presentation
2025-07-29 09:30
(US GAAP) Consolidated Results of Operations First quarter, year ending March 2026 July 2025 Nomura Holdings, Inc. © Nomura Outline Presentation Financial Supplement 1 ◼ Executive summary (p. 2) ◼ Overview of results (p. 3) ◼ Business segment results (p. 4) ◼ Wealth Management (p. 5-7) ◼ Investment Management (p. 8-9) ◼ Wholesale (p. 10-12) ◼ Banking (p. 13) ◼ Non-interest expenses (p. 14) ◼ Robust financial position (p. 15) ◼ Consolidated balance sheet (p. 17) ◼ Value at risk (p. 18) ◼ Consolidated financi ...
固定收益部市场日报-20250729
Zhao Yin Guo Ji· 2025-07-29 07:50
CMBI Credit Commentary Fixed Income Daily Market Update 固定收益部市场日报 The Asset Asian G3 Bond Benchmark Review 2025 We hope you found our commentaries and ideas helpful. We seek to elevate our efforts and value-add further in the coming year. We highly appreciate your support to us in Sell-Side Analysts of the polls of "The Asset Asian G3 Bond Benchmark Review 2025". Thank you for your support! Trading desk comments 交易台市场观点 Yesterday, in KR, LGENSO 26-35s were another 2-5bps tighter. In Chinese IGs, BABA 31/MEI ...
EWG: Running Out Of Fuel
Seeking Alpha· 2025-07-29 06:39
Group 1 - The article highlights Germany's strong performance in the context of European markets, contrasting it with the underperformance of Europe against the USA [1] - It discusses the factors influencing this performance, including optimism following the end of the Ukraine war and ongoing tariff issues [1] - The piece emphasizes the role of iShares MSCI in reflecting these market dynamics and the overall investment landscape [1] Group 2 - FinHeim Research is identified as a firm specializing in investment analysis and portfolio management, with a focus on thematic investing and macroeconomic trends [1] - The firm aims to uncover hidden value in both traditional companies and technology sectors, providing objective analysis for investors [1]
CoinShares Launches SEI ETP with Zero Management Fees and 2% Staking Yield
Globenewswire· 2025-07-29 06:00
Europe's leading digital asset manager delivers institutional access to SEI, a breakthrough layer 1 blockchain with staking rewards 29 July 2025 | SAINT HELIER, Jersey | CoinShares International Limited ("CoinShares" or "the Group") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the European leading investment company specialising in digital assets with over $9 billion in assets under management, today launched the CoinShares Physical Staked SEI (Ticker: CSEI, ISIN: GB00BSLNZT73) – the world's first zero fee exch ...
Amundi: First half and second quarter 2025 results
GlobeNewswire News Room· 2025-07-29 04:59
Amundi: First half and second quarter 2025 results Record inflows of +€52bn in the first half of the year Inflowsalready at full year 2024 level Assets under management1 at an all-time high of €2.27tn at end-June 2025, +5% June/June despite the negative forex effect Net inflows +€52bn in H1, of which +€20bn in Q2 +€48bn in medium-to-long-term assets2 (MLT) in H1Record half-year net inflows for Institutionals: +€31bn Growth in profit before tax First half 2025: profit before tax3,4 €895m, ...
Buxton Helmsley Releases Open Letter to Directors of Daily Journal Corporation
GlobeNewswire News Room· 2025-07-28 20:21
NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Buxton Helmsley USA, Inc. (“BH”), a New York City-based alternative asset manager whose brand is recognized by Bloomberg as being among the top 15% of activist investors globally (based on number of investor advocacy campaigns), today released an open letter to the directors of the Daily Journal Corporation (the “Company” or “DJCO”), given a failure to timely react to a July 25, 2025, open letter to shareholders outlining concerns related to: (a) compliance with a ...
Silvercrest Asset Management Group Appoints Jeffrey C. Allen and Alexander I.
Globenewswire· 2025-07-28 20:01
NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) is pleased to announce the promotion of Jeffrey C. Allen, CFA, and Alexander I. Waldorf, CFA, to Co-Portfolio Managers for the U.S. Value Equity Team. They will work alongside Roger Vogel, the Lead Portfolio Manager of the team and a Silvercrest founder. Mr. Vogel plans to transition from his role as Lead Portfolio Manager to Senior Advisor in the spring of 2027. Mr. Vogel said, “While I plan to remain fully e ...
Rithm Capital (RITM) - 2025 Q2 - Earnings Call Transcript
2025-07-28 13:02
Rithm Capital (RITM) Q2 2025 Earnings Call July 28, 2025 08:00 AM ET Company ParticipantsEmma Bolla - Associate General CounselMichael Nierenberg - Chairman, President & CEOBaron Silverstein - PresidentBose George - Managing DirectorCrispin Love - Director - Equity ResearchRandy Binner - Managing DirectorKenneth Lee - Vice PresidentConference Call ParticipantsEric Hagen - MD, BTIG Mortgage & Specialty Finance AnalystDouglas Harter - Equity Research AnalystOperatorGood day, and welcome to the Rhythm Capital ...
Rithm Capital (RITM) - 2025 Q2 - Earnings Call Transcript
2025-07-28 13:00
Financial Data and Key Metrics Changes - GAAP net income for the quarter was $283.9 million, or $0.53 per diluted share, with a return on equity of 17% [18] - Earnings available for distribution were $291.1 million, or $0.54 per diluted share, reflecting an 18% return on equity [18] - Book value increased to $6.7 billion, or $12.71 per share, up from $12.39 in the prior quarter [19] - The company ended the quarter with a record cash and liquidity amount of $2.1 billion [19] Business Line Data and Key Metrics Changes - Genesis Capital achieved a record quarter of production, with origination more than doubling since its acquisition in 2022 [6][10] - NewRez, the mortgage company, reported a 38% increase in funded volume, reaching $16 billion [36] - The servicing portfolio for NewRez is now $864 billion, with a 19% return on equity for the quarter [36][25] - Rhythm Asset Management saw an increase of $3.5 billion in assets under management (AUM), totaling $36 billion [24] Market Data and Key Metrics Changes - The company noted a robust pipeline for mergers and acquisitions, focusing on scaling up credit and origination business lines [10] - The asset-based finance (ABF) market is highlighted as a key area of growth, with the company controlling both origination and servicing [7][8] Company Strategy and Development Direction - The company aims to grow its asset management platform and differentiate itself through performance and trust with investors [8][10] - There is a focus on opportunistic acquisitions and scaling up the credit business, with a desire to enter the insurance market [51][52] - The company is exploring the potential for a separate listing for NewRez but is currently focused on growing the business [45][46] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the macroeconomic environment, anticipating one or two rate cuts this year [26] - There is a belief that policy uncertainty is declining, which could benefit investment products [27] - The company is cautious about credit markets but sees opportunities in the non-QM space and direct lending [90] Other Important Information - The company has paid out over $6 billion in dividends since inception, implying a stock price of about $25 based on historical payouts [12] - The company is focused on maintaining a balance between funding through its balance sheet and third-party capital [95][96] Q&A Session Summary Question: Any updated thoughts on Nuurez and unlocking value? - Management indicated that they are focused on growing Nuurez and enhancing earnings before considering a separate listing [45][46] Question: How will changes in the mortgage market impact NewRez's strategy? - Management noted significant growth in the non-QM business and plans to continue expanding origination channels [60][61] Question: What are the most logical ways to optimize Rhythm's corporate structure? - Management is evaluating the merits of a C Corp structure and the need for scale in the REIT business [66][67] Question: How does the partnership at Genesis support capital allocation? - Management stated that capital can be allocated flexibly across segments to generate the best returns for shareholders [73][74] Question: What type of insurance acquisitions are being considered? - Management is looking at broader insurance opportunities, including P&C and life insurance, to complement their asset management capabilities [88][89]