SoftBank Group Corp. is in advanced talks to acquire DigitalBridge Group Inc., a private equity firm that invests in assets such as data centers, according to people with knowledge of the matter. The Japanese conglomerate could announce an agreement as soon as Monday for New York-listed DigitalBridge, the people said, asking not to be identified because the information is private. Terms of the transaction, part of SoftBank’s campaign to take advantage of an AI-driven boom in digital infrastructure, couldn ...

Core Viewpoint - Janus Henderson Group plc is set to be acquired by Trian Fund Management and General Catalyst for $7.4 billion, indicating a significant shift in the asset management landscape [2]. Group 1: Acquisition Details - The acquisition price is set at $46 per share, which reflects a premium compared to previous valuations [2]. - Following the announcement, Janus Henderson's shares increased by 3.1% [2]. - Evercore ISI has adjusted its price target for Janus Henderson from $50 to $49, maintaining an In Line rating due to skepticism about the acquisition multiple [2]. Group 2: Industry Insights - Jim Cramer views the acquisition as a significant move, suggesting it reflects a broader trend where companies prefer private ownership to facilitate necessary changes [3]. - Cramer emphasizes that the current public market environment may hinder companies from achieving their growth objectives, indicating a potential shift in how asset managers operate [3]. - The deal is seen as part of a trend towards "democratization" in investment opportunities, suggesting a desire for more accessible investment options for individuals [3].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告的全部或 任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 由於上述資料乃基於未經審核的財務資料，可能會作出調整。投資者在買賣本公 司股份時務請審慎行事。 1 附註1： 本集團的資產管理規模按以下基準編製，資產管理規模數據按照各基金╱管理賬戶的管 理人╱託管人所報告的上月最後交易日（該日未必是該年度╱期間的最後一個營業日）重 新計算。按照一般市場慣例，達致資產管理規模數據時不會計入最後一個交易日的認購 及贖回。 附註2： TP RV Volatility、TP Overlay及TP Dragon Tail的每月淨回報來自獨立管理人及最大管理 賬戶經紀提供的估值報告，而相關策略正在該管理賬戶中運行。 TRUE PARTNER CAPITAL HOLDING LIMITED （「本公司」） （根據開曼群島法律註冊成立的有限公司） （股份代號：8657） 公告 True Partner Capital Holding Limited（「本公司」）董事會謹此自願及定期 ...

Core Viewpoint - The U.S. Treasury, under Secretary Scott Bessent, is focused on keeping bond yields low, particularly for the benchmark 10-year bond, which influences government deficits and borrowing costs for households and corporations [2][12]. Group 1: Treasury Yields and Market Reactions - Treasury yields are seen as a barometer for the success of the Treasury's efforts to manage borrowing costs, which have decreased across the curve [1]. - The "term premium" for holding U.S. debt has started to rise, indicating investor concerns about the high U.S. deficit and debt levels [3]. - Following the announcement of potential long-term debt sales, benchmark 10-year bond yields spiked over 6 basis points, marking one of the largest increases in recent months [6]. Group 2: Investor Sentiment and Administration Actions - Investors are concerned about the U.S. federal deficit, which has led to fears of upward pressure on long-dated bond yields [5]. - The Treasury has engaged with investors to gauge market reactions to major decisions, indicating a proactive approach to managing investor sentiment [9]. - The administration's messaging and actions have led some investors to believe that it is serious about controlling yields, resulting in a reduction of short positions against long-dated Treasury bonds [8][19]. Group 3: Economic Context and Future Outlook - The U.S. economy's resilience, bolstered by AI-led spending, is helping to offset growth drags from tariffs, contributing to the current stability in the bond market [16]. - The Treasury's reliance on short-term borrowing through Treasury bills is seen as a strategy to manage the deficit without increasing long-dated bond supply [21]. - Analysts predict that the supply of U.S. government debt with maturities longer than one year will decline next year, despite a stable budget deficit [22]. Group 4: Risks and Market Dynamics - The bond market's current stability is described as a "tenuous balance" that could be disrupted by rising inflation or a hawkish Federal Reserve stance [24][25]. - The volatility of demand sources, such as stablecoins, poses risks to the Treasury's funding strategy [25]. - Historical patterns show that bond markets can punish governments for fiscal irresponsibility, which remains a concern for the current administration [13].

This was the year that dual share classes finally got their wings. The biggest development in years for the open-end fund world is the advent of dual share classes, meaning funds can create ETF shares of mutual funds and vice versa. The concept is far from new: Vanguard until 2023 had a patent on ETF shares of mutual funds, and it launched its first more than 20 years ago. More than 80 asset managers filed this year with the Securities and Exchange Commission for exemptive relief from requirements under t ...

Group 1: Overview of the EQDP - The Equity Market Development Programme (EQDP) is a S$5 billion initiative aimed at revitalizing Singapore's equity landscape and increasing investor interest in local equities [1][3] - The programme is spearheaded by the Monetary Authority of Singapore (MAS) and the Financial Sector Development Fund (FSDF) [3] - EQDP focuses on strategies managed by Singapore-based asset managers, particularly those investing in small- and mid-cap companies [4][5] Group 2: Impact on Corporate Dividends - While EQDP aims to deepen market liquidity and support local companies, its direct impact on dividends is limited [6][21] - Companies benefiting from the EQDP may prioritize reinvestment, debt repayment, or share buybacks over immediate dividend increases [7][18] - Stronger profitability resulting from EQDP could lead to more sustainable dividends in the long term [8][23] Group 3: Beneficiary Sectors and Companies - The EQDP is expected to favor sectors such as technology, financials, infrastructure, and green energy [9] - CSE Global Limited reported an 8.5% increase in net profit for 1H2025, but its order book declined by 17.1% [10] - Singapore Exchange (SGX) reported record revenue and net profit for FY2025, with total dividends increasing to S$0.375 per share [12] - ESR-REIT showed a 22.7% YoY increase in gross revenue for 3Q2025, with a dividend yield of 7.9% [13] - DBS Group Holdings declared a record ordinary dividend of S$2.22 per share for 2024, with plans for additional quarterly dividends in 2025 [15][16] Group 4: Investor Considerations - Investors should focus on companies with a proven dividend track record and strong cash flow visibility, as dividends depend on business fundamentals rather than government aid [22][23] - The EQDP is likely to improve market sentiment and valuations, but dividend gains may be gradual as companies prioritize reinvestment [21][22]

Group 1 - The Invesco S&P MidCap Momentum ETF (XMMO) was rated a "buy" on July 23, 2025, due to its strong momentum and growth-at-a-reasonable-price characteristics [1] - The quality of the ETF is considered adequate, indicating a balanced approach to investment [1] - The Sunday Investor has developed a proprietary ETF Rankings system that evaluates nearly 1,000 ETFs based on various factors, resulting in a composite score from 1-10 [1] Group 2 - The Sunday Investor is focused exclusively on U.S. Equity ETFs and has a strong analytical background, including a Certificate of Advanced Investment Advice [1] - The rankings system includes individual factor scores covering costs, liquidity, risk, size, value, dividends, growth, quality, momentum, and sentiment [1] - The Sunday Investor is actively engaged in the comments section of articles, encouraging interaction with readers [1]

Market Overview - Asia-Pacific markets exhibited mixed trading patterns as the final trading week of the year commenced, with Japan's Nikkei 225 declining by 0.55% and the Topix falling by 0.26% [1] - In contrast, South Korea's Kospi increased by 0.62%, and the Kosdaq index saw a rise of 0.19% [1] - Hong Kong's Hang Seng index futures were slightly lower at 25,810 compared to the last close of 25,818.93 [1] Silver Market Insights - Spot silver prices reached a record high of over $80 per ounce, driven by speculative buying and ongoing supply tightness [2] - Sprott Asset Management noted that the silver rally this year is attributed to a depletion of freely traded inventory, which has intensified price movements as demand rises [2] - The favorable macro-outlook for 2026, characterized by lower interest rates and a potentially weaker U.S. dollar, is enhancing the attractiveness of hard assets like silver [3]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Blue Owl Capital Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The class period for the Blue Owl securities is from February 6, 2025, to November 16, 2025 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by February 2, 2026, to serve as lead plaintiff [2] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3] Group 3: Case Allegations - The lawsuit alleges that Blue Owl made false or misleading statements regarding its asset base and liquidity issues, particularly related to business development companies (BDCs) [4] - It is claimed that Blue Owl was likely to limit or halt redemptions of certain BDCs, which was not disclosed to investors [4] - The misleading statements about Blue Owl's business operations led to investor damages when the true situation was revealed [4]

Group 1 - Janus Henderson Group plc is being taken private by Trian Fund and General Catalyst Group for $7.4 billion, which is 18% above its trading price in October when the first offer was made [1] - The company aims to leverage AI aggressively to enhance its investment offerings, but believes it cannot do so effectively as a public entity [1] - The performance of Janus Henderson's funds has been strong, indicating that existing investors may not notice the strategic changes being implemented [1] Group 2 - Janus Henderson manages investments for various clients, including institutions, retail clients, and high-net-worth individuals, and also invests in real estate and private companies [2]