Core Viewpoint - The recent selloff in software stocks reflects concerns over the disruptive potential of AI, particularly large language models (LLMs), which have shifted from being a supportive factor to a potential threat for established companies in the sector [1][2][9]. Group 1: Market Performance - The S&P 500 software and services index fell nearly 4% on Tuesday and an additional 0.73% on Wednesday, marking six consecutive sessions of losses and erasing approximately $830 billion in market value since January 28 [1][11]. - The software sector has declined nearly 13% over six sessions and is down 26% from its peak in October [11]. - Major technology companies, including Nvidia, Meta Platforms, Alphabet, and Oracle, experienced significant declines, with Nvidia dropping 3.4% and Oracle falling 5.1% [14][18]. Group 2: AI Disruption Concerns - The selloff was triggered by a new legal tool from Anthropic's Claude LLM, which highlights the increasing encroachment of LLMs into the application layer of enterprise businesses [2][3]. - Analysts express concerns that the success of AI LLMs is not guaranteed due to their lack of specialized data crucial for various industries [8]. - The competitive landscape for established companies is perceived to be narrowing as AI products gain traction, raising fears about their long-term viability [10][18]. Group 3: Broader Market Implications - The decline in software stocks has broader implications for asset managers, with concerns that weakness in the software sector could lead to credit issues for alternative asset managers [12]. - A group of asset managers, including Apollo and Blackstone, saw their shares fall between 3% and 11% due to these concerns, although they recovered slightly on Wednesday [12]. - The overall market also faced pressure, with the S&P 500 and Nasdaq Composite losing 0.51% and 1.51%, respectively [14]. Group 4: Expert Opinions - Nvidia's CEO stated that fears of AI replacing software are "illogical," suggesting that the market may be overreacting to the potential of AI [15][18]. - Analysts from JPMorgan and The Wealth Consulting Group argue that the selloff may be exaggerated, positing that improved AI tools could enhance software development and margins rather than replace them [16][17].

Core Insights - The article discusses the significant structural adjustments occurring in the global public fund market by 2025, highlighting the ongoing shrinkage of actively managed open-end funds and the rise of the "ETFization" trend as a core driver for institutional investment strategies, particularly in the US and European markets [1][11]. Group 1: Market Trends - By 2025, the global public fund market is experiencing profound structural changes, with a notable decline in the size of actively managed open-end funds [1][11]. - The "ETFization" trend is becoming a key driver for institutional investment strategies, with actively managed ETFs emerging as the primary issuance force in the market [1][11]. - In the fourth quarter of 2025, the Greater China region saw a significant recovery in stock fund inflows, exceeding $33 billion in a single quarter [1][11]. Group 2: Research and Tools - The article emphasizes the need for institutional investors to have a robust research framework and tools that can penetrate underlying holdings and reach the core of strategies when selecting investment targets [1][11]. - Morningstar Direct is highlighted as a flagship investment research platform that provides comprehensive data on over 63,000 actively managed ETFs, including performance, risk, holdings, and issuance methods [1][11][12]. - The upcoming webinar aims to provide insights into the trends and product evolution in the global public fund market for 2025, focusing on how to utilize Morningstar Direct for in-depth research on overseas actively managed ETFs [4][5][11].

Singapore conglomerate-turned-asset manager Keppel reported a drop in annual earnings after losses sustained in an aggressive push to divest assets overshadowed an improvement in its business performance https://t.co/KLoccizhP2 ...

Conference Call Scheduled for 8:30 a.m. Eastern Time WEST PALM BEACH, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- AMG (NYSE: AMG) will report financial and operating results for the fourth quarter and full year ended December 31, 2025 on Thursday, February 12, 2026. A conference call will be held at 8:30 a.m. Eastern time on the same day.        In addition to quarterly results, the conference call may include discussion of management’s expectations of future financial and operating results. Jay C. Horgen, Chie ...

Core Insights - AGF Management Limited reported total assets under management (AUM) and fee-earning assets of $59.2 billion as of January 31, 2026, reflecting a growth of 8.8% year-over-year [1][2]. AUM Summary - Total AUM increased to $57.1 billion as of January 31, 2026, up 1.1% from December 31, 2025, and up 9.2% from January 31, 2025 [2]. - The total mutual fund AUM reached $35.2 billion, showing a month-over-month increase of 2.3% from $34.4 billion and a year-over-year increase of 12.1% from $31.4 billion [2][3]. - AGF Capital Partners AUM was reported at $2.4 billion, down from $2.5 billion in December 2025 and down from $2.8 billion in January 2025 [3]. Fee-Earning Assets - AGF Capital Partners fee-earning assets remained stable at $2.1 billion, unchanged from both December 2025 and January 2025 [3]. - Total AUM and fee-earning assets combined reached $59.2 billion, an increase of 1.0% from $58.6 billion in December 2025 and an increase of 8.8% from $54.4 billion in January 2025 [2]. Mutual Fund AUM by Category - Domestic equity funds AUM was $4.7 billion, stable from December 2025 and up from $4.5 billion in January 2025 [3]. - U.S. and international equity funds AUM increased to $22.9 billion from $22.1 billion in December 2025 and from $19.7 billion in January 2025 [3]. - Domestic fixed income funds AUM was reported at $2.3 billion, unchanged from December 2025 and up from $1.9 billion in January 2025 [3]. Company Overview - AGF Management Limited, founded in 1957, is an independent asset management firm headquartered in Toronto, Canada, with operations in North America and Europe [4][7]. - The firm serves over 820,000 investors, including financial advisors, high-net-worth individuals, and institutional investors [6][7]. - AGF trades on the Toronto Stock Exchange under the symbol AGF.B [7].

Core Viewpoint - Mount Logan Capital Inc. has successfully completed a tender offer to purchase up to $15 million of its common stock at a fixed price of $9.43 per share, reflecting strong shareholder engagement and a commitment to enhancing long-term shareholder value [1][3]. Tender Offer Details - The tender offer expired on February 2, 2026, and was oversubscribed, with the company expecting to accept 1,590,668 shares for a total cost of approximately $15 million, excluding fees and expenses [2][5]. - The shares accepted represent about 12% of the company's common stock outstanding as of the expiration date [2]. Management Commentary - The CEO of Mount Logan expressed satisfaction with the tender offer's completion, highlighting its role in the company's liquidity programs and its potential to enhance per-share metrics while maintaining a focus on capital allocation [3]. Company Background - Mount Logan Capital Inc. is an integrated alternative asset management and insurance solutions firm, managing over $2.1 billion in assets as of September 30, 2025, and focusing on generating durable, fee-based revenue [7][8].

Company Overview - Vinci Compass Investments Ltd. is a leading alternative investments and global solutions provider in Latin America with nearly three decades of experience [1] - The company operates from eleven offices in Latin America and the US, managing a diverse range of investment segments including Private Equity, Credit, Real Estate, Infrastructure, Forestry, Equities, Global Investment Products & Solutions, and Corporate Advisory [1] Financial Results Announcement - The company will release its financial results for the fourth quarter and full year 2025 after market close on March 04, 2026 [1] - A conference call will be hosted via Zoom at 5:00 pm ET on the same day, with a replay available for those unable to attend the live broadcast [1] Assets Under Management - As of September 2025, Vinci Compass had R$316 billion in assets under management and advisory [1]

Alternative asset managers have been pressure, but Goldman Sachs says the selloff is overdone. Here's why. ...

Core Insights - International markets have outperformed US markets, leading to a shift in investment strategies away from the US due to higher valuations and a loss of confidence in US assets [5][6][12] - The US dollar has depreciated significantly, impacting the attractiveness of foreign investments, particularly in Europe and emerging markets [20][23][34] Market Performance - Major international markets, especially in Europe, have shown strong performance, with southern European countries like Portugal, Spain, and Italy returning over 30% in euros [8][26] - The S&P 500, despite a 17% rise, did not rank among the top 10 performing markets, highlighting the relative underperformance of US equities [6][24] Investment Trends - Investors are reallocating capital from US assets to international markets, driven by geopolitical uncertainties and the desire for better returns [10][12][17] - The trend of diversifying investments into foreign markets is becoming more pronounced, with a focus on undervalued assets and higher dividend yields in countries like Portugal [32][33] Economic Factors - Policy changes, including tariffs and trade uncertainties, have increased equity risk premiums and affected US stock performance on a global scale [10][11][20] - The expectation of continued dollar devaluation may lead to further capital outflows from US assets, as foreign investments become more appealing [22][23] Future Outlook - The expectation is for international markets to continue outperforming US markets in the coming years, with a focus on diversification and risk management [24][27] - Portugal is emerging as an attractive investment destination due to its stability, access to the EU market, and favorable economic conditions [31][34]

Last year we saw almost ma all major international markets outperform the US and you know after 15 years of uh having outperformance now other markets I think will catch up on the US market because the in terms of valuations the US is a bit more expensive than other market. So David, share with our listeners and viewers why we're starting to diversify our personal investments a little bit away from the United States. >> Yeah.Well, international markets have outper outperformed US markets and since the begin ...