Core Insights - The S&P 500 index has experienced three consecutive years of gains of 16% or more, a rare occurrence in the last 98 years [1] - Investors have multiple S&P 500 ETFs to consider for investment, with the SPDR S&P 500 ETF Trust being the most popular based on trading volume [2] - The Vanguard S&P 500 ETF holds the largest assets under management (AUM) at over $840 billion [3] ETF Comparisons - The iShares Core S&P 500 ETF, managed by BlackRock, has AUM greater than the SPDR S&P 500 Trust and competes closely with Vanguard in trading volume [4] - The State Street SPDR Portfolio S&P 500 ETF is a smaller option compared to the SPDR S&P 500 ETF Trust [4] - The Invesco S&P 500 Equal Weight ETF offers an equal-weighted approach to the same stocks in the S&P 500 [5] Performance and Expense Ratios - The five S&P 500 ETFs differ mainly in annual expense ratios and liquidity, with the following expense ratios noted: - SPDR S&P 500 ETF Trust: 0.0945% - Vanguard S&P 500 ETF: 0.03% - iShares Core S&P 500 ETF: 0.03% - State Street SPDR Portfolio S&P 500 ETF: 0.02% - Invesco S&P 500 Equal Weight ETF: 0.20% [6][7] - Market-cap-weighted funds have shown similar returns over the last decade, while the equal-weighted ETF has underperformed due to the strong performance of large growth stocks [7] Recommendations - The State Street SPDR Portfolio S&P 500 ETF is recommended due to its lowest expense ratio, which can lead to significant financial advantages over time [9] - The Invesco S&P 500 Equal Weight ETF may outperform if the demand for AI-related stocks declines, as it has less exposure to large-cap stocks [9]

Core Insights - Money market funds attracted $935 billion in new assets in the previous year, exceeding expectations and demonstrating resilience against anticipated outflows due to Federal Reserve rate cuts [1] - Continued growth in money market funds is projected, with an additional $500 billion in inflows expected by the end of 2026, pushing total assets beyond $8.6 trillion [1] Market Trends - Money market funds are expected to remain essential for financial advisors, even if interest rates decline, serving various purposes such as emergency reserves and volatility buffers [2] - The popularity of money market funds surged as the Federal Reserve began raising rates in 2022, peaking in mid-2023 with rates between 5.25% and 5.5% [3] - Current federal funds rates are between 3.5% and 3.75%, maintaining the attractiveness of money market funds for yield-seeking investors [3] Yield Comparisons - As of the latest data, the 7-day yields for the Vanguard Federal Money Market Fund and the Fidelity Government Money Market Fund were 3.69% and 3.43%, respectively, while the Crane 100 Money Fund Index stood at 3.58% [3] - Yields on money market funds remain competitive compared to traditional bank deposit products, which are less attractive [4] Investor Composition - Retail investors accounted for 34% of total money market inflows, while institutional investors represented 64% [5] - Money market fund yields have exceeded 3% only twice in the last two decades, with a significant portion of that time yielding effectively zero due to the Federal Reserve's lower bound rates [5]

Stock market today (AI image)Indian equity markets are expected to stay range-bound in the near term, with analysts pointing to profit-taking at elevated levels even as stock-specific action continues on the back of third-quarter business updates.Global cues remained mixed overnight. In the United States, the S&P 500 closed lower on Wednesday as losses in financial heavyweights such as JPMorgan and Blackstone weighed on the index. However, gains in Nvidia and Alphabet helped the Nasdaq end higher, reflectin ...

Core Viewpoint - TPG Inc. is enhancing its credit platform and insurance-focused asset management through a strategic partnership with Jackson Financial, which is expected to significantly increase its asset management capabilities for insurers [2][3][6]. Group 1: Strategic Partnership - TPG has formed a strategic partnership with Jackson Financial to expand its credit platform and enhance its insurance-focused asset management business [2][6]. - The partnership will initially deploy at least $12 billion on behalf of Jackson Financial, with potential growth to manage up to $20 billion [3][6]. - TPG will make a $500 million minority investment in Jackson, acquiring a 6.5% stake in the insurer, leveraging Jackson's expertise in annuity products [4]. Group 2: Financial Performance - TPG's current stock price is $65.97, reflecting a decrease of approximately 5.30% [5][6]. - The stock has fluctuated between a low of $65.81 and a high of $69.51 today, with a market capitalization of approximately $25.29 billion [5]. - Over the past year, TPG's stock reached a high of $70.38 and a low of $37.52 [5]. Group 3: Market Analysis - Wolfe Research set a price target of $80 for TPG, suggesting a potential upside of 19.87% from its current stock price of $66.74 [1]. - TPG's competitors include major asset management firms like Blackstone and KKR, indicating a competitive landscape in the alternative asset management sector [1].

STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded lower by 40 points, or 0.15 per cent, at 26,186.50, signaling that Dalal Street was headed for a negative start on Thursday.Tech View: In the near term, the trend is likely to remain sluggish, with the range placed between 26000 and 26300. Any decisive fall below 26000 may trigger further weakness. On the other hand, a decisive move above 26300 would require for a directional upmove in the Nifty.India ...

Core Viewpoint - President Trump aims to prohibit large institutional investors from purchasing single-family homes to alleviate housing affordability issues for ordinary families, which has sparked significant market and public attention [1]. Group 1: Impact on Institutional Investors - Major institutional investors' stock prices have dropped significantly, with Blackstone Inc. (BX) representing the "institutional home buying" sector [3]. - The proposed policy directly impacts BX's core investment model by restricting asset acquisition, damaging exit expectations, and necessitating a reevaluation of valuation models [4]. - The policy could disrupt BX's long-term cash flow from single-family rentals (SFR) and challenge the logic of real estate allocation [5][6]. Group 2: Market Reactions and Concerns - Homebuilders like Toll Brothers (TOL) and KB Home (KBH) also experienced stock declines due to market fears of increased demand uncertainty if institutional investors are restricted [7][8]. - The market is concerned that the logic behind rising home prices may be interrupted, leading to a preemptive pricing adjustment in the stock market [9]. Group 3: Long-term Implications - The policy could be a short-term negative but may not be detrimental in the long run, as builders profit from turnover rates rather than continuous price increases [10]. - If the policy is enacted, it may lead to a decrease in competition for ordinary buyers, improving housing affordability and potentially increasing transaction volumes [11][12]. - The reduction of cash buyers could shift the market dynamics towards owner-occupiers and mortgage-dependent buyers, benefiting companies like Rocket Companies (RKT) by enhancing mortgage penetration rates [12][14]. Group 4: Benefits for Rocket Companies (RKT) - The policy is expected to improve housing affordability, leading to a recovery in home buying demand and an increase in mortgage loan volumes, which are crucial for RKT's revenue [12][13]. - As cash buyers decrease, the market will likely see a rise in transactions led by self-occupiers, enhancing the overall mortgage market and benefiting RKT in the long term [12][14].

The S&P 500 has ended ‍lower, pulled down by declines in JPMorgan, Blackstone and other financials, while Nvidia and Alphabet lifted the Nasdaq as investors shifted towards AI-related stocks. ...

Core Viewpoint - TPG has received an upgrade from Wolfe Research to "Outperform" with a price target increase, reflecting confidence in its strategic initiatives and market position [1][5]. Group 1: Strategic Developments - TPG's partnership with Jackson Financial aims to expand its credit platform and enhance its insurance-focused asset management business, emphasizing diversification and scaling [2][5]. - The investment management agreement with Jackson Financial targets a minimum of $12 billion in assets under management, with potential growth to $20 billion, combining Jackson's expertise in annuity products with TPG's private credit platform [3][5]. Group 2: Financial Performance - TPG anticipates reporting approximately $20 billion in credit capital raised for 2025, marking a 60% increase from 2024 [3][5]. - TPG's current stock price is $67.60, reflecting a decrease of 2.96% from the previous day, with a market capitalization of approximately $25.91 billion [4].

SAN MATEO, Calif.--(BUSINESS WIRE)--On Friday, January 30, 2026 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the "Company†) [NYSE:BEN] will release its first quarter operating results. A written commentary on the results will also be available via investors.franklinresources.com at approximately 8:30 a.m. Eastern Time. In addition, Jenny Johnson, CEO; Daniel Gamba, Co-President and Chief Commercial Officer; and Matthew Nicholls, Co-President, CFO and COO, will lead a live. ...

Japan’s government bond market is set for another tough year as investors contend with the largest net increase in supply in well over a decade. The nation’s sovereign debt - the worst performer among the world’s biggest markets last year - faces an 8% rise in net supply to about ¥65 trillion ($415 billion) in the fiscal year starting in April. This is according to Bloomberg analysis that accounts for the Bank of Japan’s reduced purchases and debt that will mature and be redeemed by the government. Most ...