Company Overview - Abacus Global Management, Inc. operates as an alternative asset manager and market maker [3] Investigation Details - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Abacus Global, focusing on whether the company and its executives made false or misleading statements or failed to disclose material information to investors [1] - The investigation follows a report published by Morpheus Research, which accused Abacus Global of engaging in an accounting scheme related to life settlements, leading to a significant drop in stock price [3] Market Reaction - Following the publication of the Morpheus Research report, Abacus Global's stock price fell by more than 21% [3]

TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- AGF Management Limited (TSX: AGF.B) will release its financial results for Q2 2025 on Wednesday, June 25, 2025 at approximately 7:00 a.m. ET. AGF will hold a conference call and webcast to discuss these results at 11:00 a.m. ET. The discussion will feature remarks by Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, and Ken Tsang, Chief Financial Officer. Judy G. Goldring, President and Head of Global Distribution, and Ash Lawrence, Head of AGF ...

TORONTO, June 04, 2025 (GLOBE NEWSWIRE) -- AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $53.5 billion as at May 31, 2025. AUM($ billions)May 31, 2025April 30, 2025% ChangeMonth-Over-MonthMay 31,2024% Change Year-Over-YearTotal Mutual Fund$31.0$29.3 $26.9<td colspan="2" style="border-top: solid black 1pt ; border-bottom: ...

ON24 (ONTF) 2025 Conference Summary Company Overview - **Company**: ON24 - **Industry**: B2B Customer Engagement Platform for Sales and Marketing - **Core Products**: Webinar experiences, virtual events, multimedia hubs that generate first-party data [3][4] Key Points and Arguments Business Model and Market Position - ON24 focuses on generating first-party data to help companies convert prospects into customers and drive revenue growth [4][5] - The company serves multiple verticals including technology, financial services, and life sciences, with notable clients like Salesforce, Microsoft, and AbbVie [5][7] - ON24 is recognized as a leading pipeline-generating channel for major companies like ServiceNow, achieving a 200% increase in healthcare professional engagement for AbbVie [5][6] Financial Performance - Marketing budgets have decreased by 30-40% post-pandemic, impacting ON24's revenue as 80% comes from these budgets [23][24] - Despite challenges, ON24 reported the best gross retention in four years and a significant number of customer win-backs in Q1 [24][29] - The company is EBITDA profitable and expects to maintain positive free cash flow in 2025, with $181 million in cash and no debt [30][31] AI and Technological Advancements - AI is transforming marketing and sales, with ON24 focusing on hyper-personalization, multilingual capabilities, and automation through its AI-driven products [9][16][44] - Approximately 13% of customers have adopted AI capabilities, with a third actively using them [41][42] - The introduction of ON24 iQ aims to automate repetitive tasks and enhance content generation, allowing for campaigns in multiple languages [46][47] Customer Engagement and Retention - ON24 emphasizes the importance of first-party data and insights for customer engagement, which is crucial for driving business outcomes [8][25] - The company has seen a stabilization in its business, with improved gross retention rates and a focus on long-term agreements [29][36] - The competitive landscape includes collaboration tools that lack the specialized marketing capabilities of ON24, leading to customer returns from cheaper alternatives [69][70] Future Outlook - ON24 anticipates continued growth in ARR and improved performance in 2025, driven by new product offerings and a focus on customer success [58][61] - The company aims to expand its total addressable market by solving significant problems related to first-party data and engagement [78][79] Additional Important Insights - The company has launched a $50 million share repurchase program, indicating confidence in its valuation [30] - ON24's focus on enterprise-level solutions includes tailored AI products for larger clients, while also offering packages for smaller businesses [79][80] - The management is optimistic about the future, citing a strong balance sheet and a commitment to maintaining profitability while pursuing growth [75][76]

Core Viewpoint - The central theme of the articles is the recent monetary policy adjustments by the central bank, including a reduction in deposit and loan interest rates, which has led to a significant decrease in the performance benchmarks of various wealth management products offered by banks [1][2][6]. Group 1: Monetary Policy Changes - In May, the central bank implemented a "combination punch" of monetary policy, reducing the reserve requirement ratio by 0.5 percentage points and the policy interest rate by 0.1 percentage points, resulting in a corresponding decrease in the Loan Prime Rate (LPR) by approximately 0.1 percentage points [2][6]. - Major state-owned banks initiated their first deposit rate cuts of the year, with the interest rate for demand deposits dropping to 0.05%, nearing "zero interest," and the one-year deposit rate falling below 1% [2][3]. Group 2: Wealth Management Product Adjustments - Over 300 wealth management products adjusted their performance benchmarks in May, with some products experiencing reductions exceeding 100 basis points [1][2][3]. - For instance, the benchmark for a specific product from Xingyin Wealth Management was adjusted from an annualized range of 2.20%-4.15% to 1.60%-2.60%, with the upper and lower limits reduced by 60 basis points and 155 basis points, respectively [3][5]. Group 3: Market Trends and Performance - As of early June, the average annualized yield for open-ended fixed-income wealth management products was 2.85%, while the one-year yield averaged 2.41%, indicating a downward trend in yields [6][7]. - The total scale of the wealth management market surpassed 30 trillion yuan, driven by the "deposit migration" effect as deposit rates fell [7][11]. Group 4: Investor Demand and Product Supply Mismatch - There is a notable mismatch between investor risk preferences and the types of wealth management products available, with 46.69% of investors having a risk preference of C3 or higher, while only 4.31% of products fall into the R3 category or above [13][14]. - The low-risk perception of wealth management products has limited their sustainable development, as the supply of low-volatility products does not align with the growing demand for diverse investment options [13][14].

Core Insights - Westwood Holdings Group has appointed Jan Ryan to its Board of Directors, enhancing its focus on innovation and long-term value creation for investors [1][2] - Jan Ryan brings over 30 years of leadership experience in technology, venture capital, and operational alignment, which will be crucial for the firm's growth strategy [2][3] - The firm emphasizes a client-first approach and aims to adapt to changing markets while delivering bespoke investment strategies [8][9] Company Overview - Westwood Holdings Group is a boutique asset management firm that offers a range of actively managed investment strategies and wealth services to various client segments [8] - The firm has a history of over 40 years, focusing on building strong, long-term client relationships through exceptional service and tailored investment solutions [8] - Westwood's culture is rooted in diversity and collaboration, reflecting its origins as a woman-founded firm [9] Jan Ryan's Background - Jan Ryan is a seasoned entrepreneur and growth strategist with a track record of leading technology-driven companies and achieving successful acquisitions and an IPO [3][4] - She has held various executive roles and currently leads 3Hills Group, an advisory firm focused on growth strategy [3][4] - Ryan has also contributed to academia and civic initiatives, including her role at the University of Texas at Austin and her involvement in women's entrepreneurial leadership [5][6]

Company Overview - Apollo is a high-growth, global alternative asset manager with approximately $785 billion of assets under management as of March 31, 2025 [2] - The company aims to provide clients with excess returns across the risk-reward spectrum, from investment grade credit to private equity [2] - Apollo's retirement services business, Athene, focuses on helping clients achieve financial security through a suite of retirement savings products [2] Upcoming Events - Martin Kelly, Chief Financial Officer of Apollo, will participate in a fireside chat at the Morgan Stanley 2025 US Financials Conference on June 11, 2025, at 7:30 am EDT [1] - A live webcast of the event will be available on Apollo's Investor Relations website, with a replay accessible shortly after the event [1]

Group 1 - AMG announced the appointment of Thomas M. Wojcik as President, effective June 3, 2025, while he continues as Chief Operating Officer [1] - Jay C. Horgen remains as Chief Executive Officer, and both executives will collaborate on AMG's growth strategy [1] - Wojcik joined AMG in 2019, previously serving as Chief Financial Officer and has played a significant role in the company's strategic development [2] Group 2 - AMG focuses on expanding its participation in secular growth areas, increasing exposure to private markets and liquid alternative strategies, which now contribute half of its earnings [2] - As of March 31, 2025, AMG's aggregate assets under management were approximately $712 billion across various investment strategies [3] - AMG's strategy aims to generate long-term value by investing in high-quality independent partner-owned firms and supporting their independence and ownership culture [3]

Group 1 - Storebrand Asset Management AS will implement minimum income tax for privately taxed investors in its funds for the year 2025 [1] - Investors holding units in specific equity funds as of April 30, 2025, will be subject to a technical distribution per unit, which varies by fund [1] - The technical distribution amounts for selected funds include SKAGEN Focus A at DKK 26.69, SKAGEN Kon-Tiki A at DKK 128.12, and Storebrand Global Vekst A at DKK 240.19 [1] Group 2 - The technical distribution is considered a non-effective payment and should be added to the purchase price of the original units for tax purposes [2] - Storebrand Asset Management AS is Norway's largest private asset manager with approximately DKK 900 billion in assets under management [2] - The company has over 30 years of experience in ESG investing and offers a range of sustainable investment solutions across the Nordic region and Europe [2]

Group 1 - GCM Grosvenor (NASDAQ: GCMG) has shown strong performance with a total return of 73% over the past three years, primarily driven by growth in its private markets business [1] - The company is compared to the S&P 500 Blue Chip Portfolios, which focuses on delivering investment insights on single stocks, ETFs, and CEFs [1]