More and more 401(k) holders can now flex their millionaire status. According to Fidelity’s data, 654,000 of its clients with 401(k) accounts were millionaires in 2025, marking a new all-time high for the firm, Morningstar reports (1). Other financial institutions, such as T. Rowe Price and Alight, also reported twice as many 401(k) millionaires as in 2022, according to the Wall Street Journal (2). Must Read UBS recently described this new class of high-net-worth individuals as “everyday millionaires, ...

| ($ in millions) | | | | --- | --- | --- | | As of: | | | | December 31, | November 30, | | | 1 | 2025 | | | 2025 | | | | Equity | $199,256 | $196,171 | | Fixed Income | 45,642 | 45,351 | | Other | 9,402 | 9,307 | | Total AUM | $254,300 | $250,829 | | (1) Preliminary – subject to adjustment | | | NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management ("AUM†) as of December 31, 2025 totaled approximately $254.3 billion. The month's AUM included mark ...

据私募排排网统计，全年有业绩展示的75家百亿私募平均收益达32.77%，其中74家实现正收益，占比 98.67%。从收益分布来看，18家收益在20%以内，45家介于20%至50%之间，另有11家收益超过50%。远信投 资、复胜资产、望正资产等百亿私募表现较为突出。 | | | 2025年不同投资模式百亿私募收益统计 | | | | --- | --- | --- | --- | --- | | 投资模式 | 数量 | 平均收益 | 正收益数量 | 占比 | | 量化 | 45 | 37. 61% | 45 | 100. 00% | | 主观 | 23 | 25. 80% | 22 | 95. 65% | | 主观+量化 | / | 24. 59% | | 100. 00% | | 总计 | 75 | 32.77% | 74 | 98. 67% | | | | 数据来源:私募排排网,截至2025年12月31日 | | | 2025年百亿私募整体交出亮眼成绩单。 量化私募成为亮点。在45家有业绩的百亿量化私募中，平均收益高达37.61%，全部实现正收益，显著高于 百亿私募整体水平。从收益分布来看，4家收益在20% ...

Core Insights - BlackRock's recent transfer of Bitcoin and Ethereum to Coinbase Prime has raised concerns about a potential market sell-off, with observers noting the significant volume of assets moved [1][2][3]. Group 1: Transfer Details - BlackRock deposited 3,743 Bitcoin and 7,204 Ethereum into Coinbase Prime, valued at approximately $339 million and $22 million respectively, totaling around $361 million [2][3]. - The transfers originated from wallets linked to BlackRock's spot Bitcoin and Ethereum exchange-traded funds (ETFs) [2]. Group 2: Market Reactions - Market observers expressed unease on social media, with some traders alarmed by the potential implications of the transfers, while others remained skeptical about their significance [5][6]. - Historical trends indicate that large inflows to exchanges can lead to increased short-term volatility due to the potential for supply entering the market [4]. Group 3: ETF Context - BlackRock's head of ETFs, Jay Jacobs, stated that Bitcoin ETFs are still in the early stages, despite being available for two years [6][7]. - The iShares Bitcoin Trust ETF (IBIT) has seen a decline of over 3% in the past year, reflecting the broader market trends following Bitcoin's peak in October [7].

Key Takeaways Gen X expects to fall more than $400,000 short of what they think they’ll need for a comfortable retirement. This gap stems from the shift away from pensions toward 401(k)s, which left Gen X without many of the automatic 401(k) features younger workers rely on today. Among American adults, those in Gen X face the largest retirement savings shortfall, a recent survey by Schroders, the asset management firm, found. While on average, those in this generation, born between 1965 and 1980, ...

BlackRock , the world's largest asset manager, will cut hundreds of jobs as part of a regular round of layoffs to improve efficiency, a spokesperson for the company told Reuters. ...

Core Insights - The article discusses the rising trend of young users engaging in financial management as a social currency, particularly on short video platforms, with significant interaction metrics indicating a growing interest in financial topics [2][3]. Group 1: Young Users' Financial Behavior - Young users are increasingly seeking simplified financial solutions, reflecting a "lazy philosophy" where they desire reliable tools to help them navigate financial management without extensive effort [3][6]. - The article highlights the experiences of individuals like Xiao Ai and Du Yuan, who face challenges in financial decision-making due to information overload and time constraints, respectively [5][6]. Group 2: AI in Financial Management - The integration of AI in financial products is gaining traction, with a notable increase in the use of AI tools among investors, particularly after the introduction of ChatGPT, which has seen adoption rates in hedge funds rise from 4% to 21% [10][11]. - The article emphasizes the need for AI-driven financial products that can alleviate user anxiety by providing effective and efficient investment solutions without requiring extensive user input [11][12]. Group 3: User Expectations for AI Financial Products - Users expect AI financial products to function like intelligent navigation systems, allowing them to set financial goals while the AI manages the complexities of investment strategies [13][14]. - The "Beijia Intelligent Heart" product from BlackRock and China Construction Bank is presented as a model for effective AI financial management, utilizing a systematic active equity strategy to adapt to market changes [14][15]. Group 4: Changing Perspectives on Wealth Management - The article concludes that the current generation is redefining their relationship with wealth, moving towards a minimalist approach in financial management that prioritizes time and mental well-being over traditional investment strategies [20][21].

Approved by Archax 12/01/2026 Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. 13 January 2026, London: 21shares today announces the launch of its 21shares Bitcoin Gold ETP (BOLD) onto the London Stock Exchange (LSE). BOLD is the fifth 21shares cryptocurrency product whose prospectus has been approved by the Financial Conduct Authority for UK retail investors afte ...

Core Viewpoint - BlackRock, the world's largest asset manager, maintains a positive outlook on the investment potential of artificial intelligence for the upcoming year while shifting focus to broader investment opportunities [1] Group 1 - BlackRock continues to believe in the investment case for artificial intelligence [1] - The company will be concentrating on a wider range of investment opportunities moving forward [1]

Core Insights - The capture of former President Nicolás Maduro by U.S. forces has led to a surge in optimism regarding Venezuela's economic stabilization and potential capital influx, with expectations of a reconfigured government improving oil output and U.S. relations [2][3][4] Group 1: Market Reactions - Venezuela's benchmark stock index, IBC, has increased over 130% since the U.S. operation on January 3, 2026, indicating strong investor interest [3] - The IBC experienced a staggering 1,644% increase in 2025, reflecting the volatile nature of Venezuela's stock market [5] - Investors are showing renewed interest in Venezuelan sovereign and state oil company bonds, driven by optimism surrounding potential debt restructuring [6] Group 2: Investor Sentiment - A diverse range of investors, including emerging-market asset managers and hedge funds, are seeking opportunities in Venezuela, attracted by the potential for high returns [5] - Analysts suggest that the current market rally is largely speculative and driven by headlines rather than confirmed outcomes, indicating a cautious approach to investment [6][7] - The potential for a complete re-rating of Venezuela's market hinges on the successful implementation of reforms and stabilization measures [8] Group 3: Economic Outlook - Analysts believe that Venezuela is more likely to experience regime continuity with behavioral changes rather than a complete democratic transition, which could allow the U.S. to strengthen its influence in the region [4] - Venezuela's external liabilities, estimated between $150 billion to $170 billion, pose significant challenges to any recovery timeline [7]