A live broadcast of Onex' webcast to discuss the results will begin at 11:00 a.m. ET on August 7, 2025. A link to the webcast and on-line replay will be available at www.onex.com/events-and-presentations. About Onex Onex invests and manages capital on behalf of its shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders. Our investors include a broad range of global clients, including public and private pension plans, sovereig ...

Core Insights - AllianceBernstein L.P. has partnered with Pacific Life to enhance its multi-insurer platform for delivering lifetime income solutions to large Defined Contribution (DC) plans [1][2] Group 1: Company Developments - The addition of Pacific Life is part of AllianceBernstein's ongoing expansion of its retirement income capabilities, which includes the Lifetime Income Strategy (LIS) and the AB Secure Income Portfolio [2][3] - The Lifetime Income Strategy currently manages approximately $12 billion in assets, with $4.5 billion specifically in secured income [2] - AllianceBernstein has been a pioneer in offering flexible lifetime income solutions to the DC market since 2012, continuously adapting to client needs [3] Group 2: Product Offerings - The AB Secure Income Portfolio allows DC plan sponsors to implement lifetime income in various ways, providing participants with secure income streams and control over their accounts [3][5] - The multi-insurer structure of the platform aims to produce competitive withdrawal rates and mitigate risks for participants [5] Group 3: Market Position - As of June 2025, AllianceBernstein manages $829 billion in assets, indicating a strong market presence [7] - Pacific Life's involvement reflects a commitment to providing diverse lifetime income solutions for plan sponsors and their employees [5][8]

Core Insights - Infrastructure Capital Advisors is a prominent provider of investment management solutions aimed at income-focused investors [1] - Jay Hatfield serves as the CEO and CIO, leading the investment team [1] - The firm manages several ETFs including InfraCap Small Cap Income ETF (NYSE: SCAP) and InfraCap Equity Income Fund ETF (NYSE: ICAP) [1] - Infrastructure Capital is frequently featured in major financial media outlets such as Fox Business, CNBC, and Bloomberg [1] - The company publishes a variety of market reports and educational resources, including monthly market and economic reports and quarterly commentaries [1] - Infrastructure Capital also hosts monthly webinars and participates in industry conferences to enhance investor education [1]

Core Viewpoint - Invesco Ltd. reported a second quarter diluted EPS of $(0.03) and an adjusted diluted EPS of $0.36, impacted by costs related to the repurchase of preferred stock [1][14]. Financial Performance - The company generated $16 billion in net long-term inflows during the quarter, achieving a record $2 trillion in assets under management (AUM), which represents a 16% increase year-over-year [2][8]. - Operating revenues for Q2 2025 were $1,515.5 million, a decrease of 0.9% from Q1 2025 but an increase of 2.2% compared to Q2 2024 [7][15]. - The operating income was $214.2 million, down 22.8% from Q1 2025 but up 3.6% from Q2 2024 [7][15]. - The adjusted operating income was $344.4 million, with an adjusted operating margin of 31.2% [7][22]. Net Flows - Net long-term inflows were $15.6 billion in Q2 2025, down from $17.6 billion in Q1 2025 [3][6]. - Retail and institutional net long-term inflows were $9.1 billion and $6.5 billion, respectively, with significant contributions from ETFs and Index, China JV & India, and Fundamental Fixed Income [4][8]. Assets Under Management - Ending AUM increased by 8.5% to $2,001.4 billion from $1,844.8 billion in Q1 2025, and by 16.6% from $1,715.8 billion in Q2 2024 [9][8]. - Average AUM rose by 0.9% during the quarter [9]. Capital Management - The company repurchased $1 billion of its preferred stock and continued to repurchase common shares, totaling 1.7 million shares for $25 million during the quarter [2][27]. - Cash and cash equivalents stood at $922.7 million as of June 30, 2025, up from $821.7 million at the end of Q1 2025 [25]. - Total debt increased to $1,883.9 million, which includes $1 billion in new bank term loans for the preferred stock repurchase [26]. Tax and Earnings - The effective tax rate for Q2 2025 was 28.1%, up from 22.5% in Q1 2025 [13][17]. - Adjusted net income attributable to Invesco Ltd. was $165.2 million, down 17.6% from Q1 2025 [9][41].

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a ...

Core Viewpoint - The article emphasizes the importance of creating a balanced investment portfolio by mixing stocks and bonds, suggesting a typical allocation of 60% in stocks and 40% in bonds, with variations based on individual risk tolerance [1][2][4]. Group 1: Stock Investments - A balanced portfolio should include both U.S. and international dividend-paying stocks, with the Vanguard High Dividend Yield ETF (VYM) focusing on U.S. stocks and the Vanguard International High Dividend Yield ETF (VYMI) covering international stocks [5][7]. - The Vanguard High Dividend Yield ETF consists of over 580 U.S. dividend-paying companies, with a dividend yield of 2.8%, which is more than double that of the S&P 500 index [6]. - The Vanguard International High Dividend Yield ETF includes over 1,500 international stocks, offering a higher dividend yield of 4.1% [7]. Group 2: Bond Investments - The bond market is larger and more complex than the stock market, making bond ETFs a suitable choice for most investors. The Vanguard Total Bond Market ETF (BND) provides exposure to the entire U.S. bond market [9]. - The Vanguard Total International Bond Market ETF (BNDX) complements the U.S. bond exposure by offering a diversified global bond portfolio, with yields of approximately 3.8% for BND and 4.2% for BNDX [10]. - A recommended allocation for bonds is to keep 60% to 75% in domestic bonds and the remainder in international bonds, ensuring diversification across the bond market [11]. Group 3: Portfolio Management - The proposed portfolio consisting of four ETFs is designed for long-term income and capital appreciation, requiring minimal management with only four trades to start and annual rebalancing [12].

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Virtus Investment Partners (VRTS) due to lower revenues, with a consensus EPS estimate of $6.12, reflecting a -6.3% change, and expected revenues of $189.24 million, down 6.8% from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is scheduled for July 25, and the stock may rise if actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 7.31% higher in the last 30 days, indicating a more optimistic outlook from analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP for Virtus is +2.40%, suggesting analysts have become more bullish on the company's earnings prospects [12]. - A positive Earnings ESP combined with a Zacks Rank of 1 indicates a high likelihood of beating the consensus EPS estimate [10][12]. Historical Performance - In the last reported quarter, Virtus exceeded the expected EPS of $5.33 by delivering $5.73, resulting in a surprise of +7.50% [13]. - Over the past four quarters, Virtus has beaten consensus EPS estimates three times [14]. Industry Context - SEI Investments (SEIC), another player in the Zacks Financial - Investment Management industry, is expected to post earnings of $1.18 per share, reflecting a year-over-year increase of +12.4% [18]. - SEI's revenues are projected to be $561.07 million, up 8.1% from the previous year, with a consensus EPS estimate revised 7.8% higher in the last 30 days [19].

Core Viewpoint - Invesco Capital Management LLC has filed a preliminary proxy statement with the SEC to seek consent from beneficial owners of Invesco QQQ TrustSM, Series 1 for a reclassification of QQQ from a "unit investment trust" to a "management company" with a subclassification as an "open-end company" under the Investment Company Act of 1940 [1] Group 1 - If the proposals are approved, the Bank of New York Mellon will be replaced as QQQ's Trustee by a board of individual trustees, while BNY will continue to serve as custodian, administrator, accounting agent, and transfer agent [2] - ICM will be appointed as the investment adviser to QQQ under a new investment advisory agreement, which includes a unitary fee of 18 basis points, leading to a pro-forma reduction of 2 basis points from QQQ's current expense ratio of 20 basis points [2] Group 2 - As of March 31, 2025, Invesco Ltd. managed US$1.8 trillion in assets on behalf of clients worldwide, highlighting its significant presence in the investment management industry [3]

Group 1: COSCO SHIPPING Holdings Co., Ltd. (CICOY) - The company has seen a 7.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - It has a dividend yield of 12.9%, significantly higher than the industry average of 2.1% [1] Group 2: Clipper Realty Inc. (CLPR) - The company has experienced a 21.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - It offers a dividend yield of 9.8%, compared to the industry average of 4.8% [2] Group 3: Invesco Ltd. (IVZ) - The company has witnessed an 8.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 4: General Dividend Information - A Zacks Rank 1 company has a dividend yield of nearly 5%, which is above the industry average of nearly 3% [3]

Core Viewpoint - Cohen & Steers, Inc. reported its financial results for the second quarter of 2025, with a conference call scheduled to discuss these results [1]. Group 1: Financial Results - The earnings release for the quarter ended June 30, 2025, is available on the company's website [1]. - The conference call to discuss the results will be hosted by key executives including the CEO, CFO, and President [1]. Group 2: Conference Call Details - Investors and analysts can access the live conference call by dialing specific numbers for U.S. and international participants [2]. - A replay of the call will be available for two weeks after the conclusion of the conference call [2]. - The webcast of the conference call will be archived on the company's website for one month [2]. Group 3: Company Overview - Cohen & Steers is a leading global investment manager specializing in real assets and alternative income [3]. - The firm was founded in 1986 and is headquartered in New York City, with additional offices in major global cities [3].