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Crypto Winter Calls for Protected Bitcoin Exposure
Etftrends· 2026-02-10 18:01
Crypto Winter Calls for Protected Bitcoin ExposureETF Trends is now VettaFi. Read More --It seems safe to say that the crypto winter isn't showing many signs of warming up any time soon.The price of bitcoin dropped to a new 52-week low on February 5, nearly going below the $60,000 threshold. This represented more than a 52% drop from the cryptocurrency's sky-high prices in October 2025.As the chart above illustrates, winter has proven not to be a particularly fortuitous season for the cryptocurrency. Bitcoi ...
Israel's FINQ launches US ETFs managed solely by AI
Yahoo Finance· 2026-02-10 17:49
By Steven Scheer and Suzanne McGee TEL AVIV/PROVIDENCE, Rhode Island, Feb 10 (Reuters) - Israel fund manager FINQ said on Tuesday it was entering the U.S. Exchange-Traded ​Funds market with two funds that will be solely managed by artificial ‌intelligence, a nascent sub-sector where so far AI has only been used as a supporting tool. Portfolio decisions will ‌be fully selected and managed by FINQ's AI model, with human involvement focused only on oversight and governance, it said. It added that its AIUP ...
Stock Market Today, Feb: 10: Dow hits intraday record after retail sales disappoint
Yahoo Finance· 2026-02-10 17:37
Market Overview - Stocks have shown a mixed performance with 61.2% of issues advancing and 35.4% declining as of midday [1] - The Federal Reserve indicated it is prepared to keep interest rates flat, affecting major indexes with the Dow up 0.42% and Russell 2000 up 0.34%, while S&P 500 is up 0.05% and Nasdaq down 0.14% [2] Midday Movers Winners - UniFirst has reentered takeover talks with Cintas, leading to a stock increase of 19.4% [3] - GCM Grosvenor announced a larger buyback and debt prepayment plan, resulting in a 16.7% rise after raising $10.7 billion in the latest quarter [4] - Spotify Technology and DataDog saw increases of 15.7% and 12% respectively following their earnings reports [4] Losers - Becton Dickinson & Co experienced a significant decline of 17.3% due to a weak profit outlook for the upcoming year [6] - Medpace Holdings fell by 14.4% despite a strong quarter, overshadowed by declining growth and missed bookings [6] - Goodyear Tire reported a negative earnings report, leading to a 14% decline [6] - Raymond James and Charles Schwab also faced declines of 7.3% and 6.02% respectively, attributed to competition from a new AI tax planning tool [7]
Apollo Global Management, Inc. (APO) Presents at UBS Financial Services Conference 2026 Transcript
Seeking Alpha· 2026-02-10 17:34
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Neuberger Berman Agrees to Buy $26B In-house Investment Unit from McKinsey
Yahoo Finance· 2026-02-10 17:32
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Neuberger Berman Group agreement to purchase MIO Partners, McKinsey & Company's asset and wealth manager for current and former employees of the New York City-based consultancy. The deal is subject to closing conditions. The move for MIO would add $26 billion in AUM, including about $20 billion in alternative investment strategies, to Neuberger Berman’s assets, which were $563 billion as of lat ...
Vanguard's Fund Is Destroying The S&P With Blistering 38.4% Run
247Wallst· 2026-02-10 17:30
If you own U.S. stocks, you've likely questioned whether international diversification still makes sense. ...
Virtus Leans On ETFs For Growth, Adds Emerging Markets Dividend Fund Amid Equity Pressure
Benzinga· 2026-02-10 17:22
Core Viewpoint - Virtus Investment Partners Inc has launched the Virtus Emerging Markets Dividend ETF, focusing on dividend-paying companies in developing economies, utilizing AI-driven sentiment analysis and a quantitative stock-selection model to identify opportunities linked to the MSCI Emerging Markets Index [1][6] ETF Growth and Financial Performance - Despite mixed business conditions and higher net outflows, ETFs have shown significant growth, with assets rising to approximately $5.2 billion, an increase of about $500 million sequentially and 72% year-over-year, driven by steady net inflows and new product launches [2][3] - Overall assets under management decreased to nearly $159 billion at year-end from $169 billion in the previous quarter, with net outflows totaling $8.1 billion primarily due to equity strategies [4] Strategic Initiatives - The firm is expanding into alternative assets, announcing a pending majority acquisition of private credit manager Keystone National Group and a minority investment in venture growth manager Crescent Cove, with expectations of fee rates remaining in the low-40-basis-point range initially [5] - The introduction of the new emerging-markets dividend ETF reflects Virtus' strategy to enhance its actively managed ETFs and alternative strategies, which are seen as essential for countering equity outflows and fostering future growth [6]
BlackRock (NYSE:BLK) 2026 Conference Transcript
2026-02-10 17:22
Summary of BlackRock's 2026 Conference Call Company Overview - **Company**: BlackRock (NYSE: BLK) - **Industry**: Asset Management - **AUM**: Over $14 trillion, making it the largest asset manager globally [3][4] Key Financial Performance - **Organic Base Fee Growth**: Achieved a record 12% in Q4 2025, with an annual growth of 9% for the year, significantly above market expectations [3][4] - **Sustainable Growth Projection**: Expected normalized organic base fee growth of 6%-7% moving forward [5][6] Strategic Priorities for 2026 - **Integration of Acquisitions**: Focus on integrating recent acquisitions, including Global Infrastructure Partners and HPS Investment Partners, to maximize synergies [11][12] - **Fundraising Goals**: Targeting $400 billion in growth fundraising by 2030, leveraging institutional relationships and wealth channels [12][13] - **iShares Growth**: Continued double-digit organic growth in ETFs, with $530 billion of organic asset growth in 2025 [13][14] - **Technology and Data**: Aiming for mid-teens annual contract value (ACV) growth in the Aladdin business, which finished 2025 at 16% ACV [14][15] - **Wealth Management Expansion**: Significant opportunities in wealth management, particularly in integrating private markets into wealth platforms [15][16] Market Trends and Opportunities - **Consolidation in Asset Management**: The top five asset managers are capturing approximately 80% of industry flows, indicating a trend towards consolidation [6][7] - **Digital Wallets and Crypto**: BlackRock sees digital wallets as a new distribution channel, with 820 million crypto wallets holding significant economic value [22][23][26] - **Tokenization of ETFs**: Plans to tokenize ETF offerings to tap into the growing digital wallet ecosystem [29][30] Systematic Active Equity Business - **Strong Demand**: Experienced $50 billion in inflows into systematic strategies, highlighting a shift in the perception of scale as a driver of alpha [40][43] - **Diverse Product Offering**: Growth across multiple products, including active ETFs and hedge funds, contributing to systematic flows [45][46] M&A Strategy - **Focus on Integration**: Current emphasis on integrating recent acquisitions rather than pursuing new large-scale M&A [66][67] - **Selective Acquisitions**: Open to smaller, accretive transactions that align with growth in private markets and technology [66][67] Operating Margins - **Current Margin Performance**: Achieved an adjusted operating margin of 45% in Q4 2025, with expectations to maintain or exceed this level [59][61] - **Long-term Margin Goals**: Potential to grow fully burdened operating margins above 45% through strategic investments and organic growth [61][62] White Space Opportunities - **Expansion Areas**: Identified opportunities in secondaries, investment-grade finance, and data completion related to Preqin [69][71] Conclusion - BlackRock is well-positioned for continued growth through strategic integration of acquisitions, expansion in wealth management, and leveraging technology in asset management. The focus on digital wallets and tokenization reflects a forward-looking approach to evolving market dynamics.
T. Rowe Price Rewards Shareholders With a 2.4% Dividend Increase
ZACKS· 2026-02-10 16:56
分组1 - T. Rowe Price Group, Inc. (TROW) announced a quarterly dividend of $1.30 per share, marking a 2.4% increase from the previous payout, to be paid on March 30, 2026 [1][8] - The company has increased its dividend for 40 consecutive years since its IPO, with a five-year annualized dividend growth rate of 3.49% and a payout ratio of 52% [2][3] - TROW's forward dividend yield stands at 5.43%, significantly higher than the industry average of 1.69% [3] 分组2 - T. Rowe Price has an active share repurchase program, returning approximately $625 million through buybacks in 2025, with total share repurchase authorization reaching 39.1 million shares [4][8] - As of December 31, 2025, TROW had total liabilities of $2.3 billion, supported by $3.38 billion in cash and cash equivalents, indicating strong liquidity [5][8] - Over the past six months, T. Rowe Price shares fell 9%, compared to an 11.5% decline in the industry [5]
The U.S. bond market is suddenly flashing a warning sign about the economy
MarketWatch· 2026-02-10 16:42
Core Viewpoint - The U.S. bond market is signaling concerns about economic growth following disappointing retail sales data, leading to a rally in government debt and a reassessment of interest rates and inflation expectations [1]. Group 1: Economic Indicators - December's retail sales data showed flat growth, indicating a slowdown in American consumer spending at the end of the previous year [1]. - The annual pace of U.S. GDP growth for the third quarter was revised up to 4.4% from 4.3%, which initially raised fears of overheating in the economy [1]. Group 2: Bond Market Reactions - The benchmark 10-year yield fell by 5.3 basis points to 4.14%, marking the lowest level in almost four weeks, after reaching 4.3% last month [1]. - The rate on the 30-year bond dropped by 6.6 basis points to 4.78%, the lowest since late January [1]. Group 3: Market Sentiment - Traders are reassessing the implications of U.S. economic weakness for the global economy, particularly in Europe [1]. - Jay Hatfield, CEO of Infrastructure Capital Advisors, stated that previous fears of an overheating economy were misplaced [1].