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SBI Funds Management engages nine banks for $1.4bn IPO – report
Yahoo Finance· 2026-01-06 12:04
Group 1 - SBI Funds Management is planning an initial public offering (IPO) expected to raise approximately $1.4 billion in the first half of 2026 [1] - The company is working with nine financial institutions, including Kotak Mahindra Capital, ICICI Securities, and others, to guide the IPO process [1] - The anticipated valuation of SBI Funds Management may reach around $14 billion [2] Group 2 - State Bank of India (SBI) plans to sell 6.3% of its 61.9% stake in SBI Funds Management, while Amundi intends to divest 3.7% of its 36.4% stake [3] - SBI's chairman has emphasized the goal of completing the IPO within 12 months, with no current plans for other IPOs or stake sales [3] - The recent successful IPO of ICICI Prudential Asset Management, which raised $1.2 billion, may influence market conditions for SBI's upcoming offering [3][4]
SBI Funds Management Moves Closer to IPO, Eyes 2026 Listing
Z· 2026-01-06 09:41
January 6, 2026 India’s largest asset manager, SBI Mutual Fund (operated by SBI Funds Management Ltd), is advancing plans for a blockbuster initial public offering (IPO) targeted for 2026. The listing could rank among the country’s largest IPOs in recent years, with the company expected to raise over $1 billion from the sale. The State Bank of India (SBI) and its joint-venture partner Amundi have approved a plan to divest a combined 10% stake through the public offering. SBI is set to sell approximately 6. ...
Blackstone: Not A Bargain, But Disciplined Upside Exists
Seeking Alpha· 2026-01-06 09:30
Core Insights - Blackstone (BX) has achieved double-digit growth in assets under management, fee-related earnings, and distributable earnings over the past year, yet its stock has declined by over 7% during the same period, indicating broader market issues [1]. Group 1: Financial Performance - The company reported double-digit growth in various segments, including assets under management, fee-related earnings, and distributable earnings [1]. Group 2: Market Sentiment - Despite strong financial performance, Blackstone's stock has experienced a decline of over 7%, reflecting potential concerns in the broader market [1].
AllianceBernstein展望2026:经济增长料放缓,降息预期升温,债市前景向好
Zhi Tong Cai Jing· 2026-01-06 03:46
Group 1 - AllianceBernstein holds a constructive view on the global fixed income market for 2026, citing a favorable macroeconomic backdrop for bond investors [1] - The firm anticipates a slowdown in economic growth across both developed and emerging markets, with rising unemployment rates and persistent inflation above target levels, creating challenges for central banks [1] - Despite concerns over sticky inflation limiting policy flexibility, AllianceBernstein believes central banks will prioritize addressing slowing growth and a weak labor market, predicting multiple rate cuts by the Federal Reserve in the next year and further easing potential from the Bank of England [1] - Historical trends suggest that a combination of declining policy rates, slowing growth, and easing inflation typically creates a favorable environment for bonds, with expectations of gradually declining yields and a steepening yield curve over the next 12 months [1] - The firm recommends maintaining duration positioning as a defensive strategy, highlighting its potential to hedge against stock market volatility, and notes that with cash yields likely to decline, there is room for capital to rotate into the bond market [1] Group 2 - A focus on fixed income exchange-traded funds (ETFs) includes long-term U.S. Treasury ETFs such as iShares 20+ Year Treasury Bond ETF (TLT.US) and iShares 10-20 Year Treasury Bond ETF (TLH.US) [2] - Comprehensive bond ETFs mentioned are the iShares Core U.S. Aggregate Bond ETF (AGG.US) and Vanguard Total Bond Market ETF (BND.US) [2] - Inflation-protected ETFs include Vanguard Short-Term Inflation-Protected Securities ETF (VTIP.US) and iShares TIPS Bond ETF (TIP.US) [2]
Piper Cuts Virtus (VRTS) Target but Stays Positive on Credit Fundamentals
Yahoo Finance· 2026-01-06 03:07
Virtus Investment Partners, Inc. (NYSE:VRTS) is included among the 13 Best January Dividend Stocks to Invest in. Piper Cuts Virtus (VRTS) Target but Stays Positive on Credit Fundamentals Photo by Annie Spratt on Unsplash On December 23, Piper Sandler analyst Crispin Love lowered his price target on Virtus Investment Partners, Inc. (NYSE:VRTS) to $218 from $225 and kept an Overweight rating. The call came as part of Piper’s Q4 preview for the asset management group. Deal activity has started to pick up. ...
纯固收长盈榜单出炉!11只产品加权年化收益超4%
2 1 Shi Ji Jing Ji Bao Dao· 2026-01-06 03:05
集团 21世纪经济报道 公司长智纳固收类公 品业绩榜单 ( 投资間期1-2年 榜单数据说明: 本期榜单统计对象为理财公司发行的成立满1年的公募纯固收产品,投资周期为1-2年(含)期限,同系列同投资周期产品保留 一只,加权年化收益率计算方式为"5%近1月年化收益率+10%近3月年化收益率+15%近6月年化收益率+30%近1年年化收益率 +40%成立以来年化收益率",排名依据为加权年化收益率,数据计算截止时间为2025年12月30日。 榜单排名由理财通AI全自动化实时排名,如您对数据有疑问,请在文末联系助理进一步核实。 一、整体表现 南财理财通数据显示,截至2025年12月30日,理财公司共计存续1393只(含不同份额)1-2年(含)期限且成立满1年的公募纯 固收产品。在有完整年化收益率披露的888只产品中,加权年化收益率均值为2.71%,11只产品的加权年化收益率超过4%,2只 产品的加权年化收益率不及1%。 本期榜单共有7家理财公司上榜,光大理财、徽银理财和兴银理财分别上榜2只产品,信银理财、华夏理财、南银理财以及招银 理财各上榜1只产品。 | IF 특 | 产品名称 | 管理人 | 加权年 化妆品 | 月本 ...
2026 年资本市场展望:五大核心主题令我们对该板块整体持积极看法-Americas Capital Markets_ 2026 Capital Markets Outlook_ Five Key Themes leave us broadly constructive on the group
2026-01-06 02:23
5 January 2026 | 4:12PM EST Equity Research AMERICAS CAPITAL MARKETS 2026 Capital Markets Outlook: Five Key Themes leave us broadly constructive on the group We are broadly positive on our Capital Markets coverage into 2026, with Alternative and Traditional managers presenting the most compelling upside, followed by Brokers and Trust Banks. We zone in on five themes expected to drive earnings and share prices over the course of the year including: Goldman Sachs does and seeks to do business with companies c ...
Ares Management Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2025
Accessnewswire· 2026-01-05 21:30
NEW YORK, NY / ACCESS Newswire / January 5, 2026 / Ares Management Corporation announced today that it will report earnings for the fourth quarter and full year ending December 31, 2025 on Thursday, February 5, 2026 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m. ...
AT&T plans new to build new headquarters outside of Dallas
Fox Business· 2026-01-05 20:41
AT&T is planning to build a new corporate headquarters outside downtown Dallas in the suburban city of Plano, the company said in a letter to employees on Monday. CEO John Stankey said in a letter to AT&T employees that the company plans to relocate its headquarters, which has been in Dallas since 2008, to a location near the Legacy West food and shopping district in Plano.The new headquarters will be situated on 54 acres of land that previously served as the headquarters of Electronic Data Systems. "We'll ...
Apollo Global: Limited Upside Even As Credit Fears Ease (Downgrade) (NYSE:APO)
Seeking Alpha· 2026-01-05 20:39
Shares of Apollo Global Management, Inc. ( APO ) have been a disappointing performer over the past year, losing about 9% of their value. While public markets have surged, concerns have mounted about valuation in debt-heavy private markets, especially private credit. TheseOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a questio ...