而亦庄盛元作为亦庄控股体系内服务于"科技园区开发运营"板块的专业主体，聚焦"高端特色产业园区 综合运营商"的战略定位，坚持"政府主导、国企实施、共建平台"的发展思路，构建起产业园区"开发运 营"和"产业服务"两个业务板块，在规划设计、开发建设、园区招商、运营服务方面积累了丰富的实践 经验。截至2024年末，发起人亦庄控股和原始权益人亦庄盛元体系内优质可扩募资产账面原值／总投资 合计超过130亿元，扩募资产储备丰富。 公募REITs作为原始权益人的"资产上市"平台，在存续期能够以扩募或资产收购的方式持续盘活存量资 产，促进投融资的有效循环，具备良好的社会效益和长期价值。中金公司和中金基金的相关负责人表 示，后续将与合作机构携手共进，切实有效服务实体经济。 （文章来源：新华财经） 据悉，中金亦庄产业园REIT首次发行拟投资的基础设施资产为位于北京经济技术开发区融兴北一街11 号院的高端汽车及新能源汽车关键零配件产业园N12-1地块建设项目（简称"N12项目"），以及位于北 京经济技术开发区融兴北一街4号院的高端汽车及新能源汽车关键零配件产业园N20-1地块建设项目 （简称"N20项目"）。 中金亦庄产业园REIT ...

Core Viewpoint - The fund management company, Zhejiang Zheshang Securities Asset Management Co., Ltd., has announced a change in the performance benchmark for the Zheshang Huijin Quantitative Selected Stock Investment Fund, effective May 15, 2025, to better reflect the fund's investment strategy and performance characteristics [1][2]. Performance Benchmark Change - The performance benchmark will change from "CSI 500 Index return × 50% + CSI Hong Kong Stock Connect Composite Index return × 40% + China Bond Total Wealth Index return × 10%" to "CSI 500 Index return × 85% + China Bond Total Wealth Index return × 10% + CSI Hong Kong Stock Connect Composite Index return × 5%" [1][2]. Fund Contract Revision - The fund contract will be revised to reflect the new performance benchmark, specifically in the section regarding the fund's investment performance [1][2]. Index Descriptions - The CSI 500 Index is designed to reflect the overall development trend of the A-share market, covering a significant portion of the market capitalization with highly liquid stocks [1]. - The CSI Hong Kong Stock Connect Composite Index represents the overall status and trends of companies listed within the Hong Kong Stock Connect scope, making it suitable for the fund's Hong Kong investments [2]. - The China Bond Total Wealth Index encompasses various bond types across different markets, providing a comprehensive reflection of the bond market's overall price and return situation [2]. Other Notes - The changes to the performance benchmark and fund contract will not adversely affect the interests of fund shareholders and do not involve significant changes to the rights and obligations of the parties involved in the fund contract [2][3]. - The updated fund contract and related documents will be published on the fund management company's designated website and the China Securities Regulatory Commission's electronic disclosure website [3][4].

Core Viewpoint - Fiera Capital Corporation has revised its agreement with underwriters to increase the size of its bought deal offering of senior subordinated unsecured debentures to $70 million due to strong demand [1] Group 1: Offering Details - The offering consists of senior subordinated unsecured debentures priced at $1,000 each, with an expected closing date around June 3, 2025 [1] - The debentures will bear an interest rate of 7.75% per annum, payable semi-annually, with the first payment on December 31, 2025 [2] - The maturity date for the debentures is set for June 30, 2030 [2] Group 2: Redemption Terms - The debentures are not redeemable before June 30, 2028, except in the event of a change of control [3] - After the first call date, the debentures can be redeemed at a price of 103.875% of the principal amount plus accrued interest until June 30, 2029, after which they can be redeemed at par plus accrued interest [3] Group 3: Use of Proceeds - The net proceeds from the offering will be used to redeem the Company's existing 8.25% senior subordinated unsecured debentures due December 31, 2026, and for general corporate purposes [5] - Until the proceeds are used for redemption, they will temporarily reduce indebtedness under the Company's unsecured revolving credit facility [5] Group 4: Legal and Regulatory Aspects - A preliminary short form prospectus will be filed with securities regulatory authorities across Canada, and the offering is subject to customary regulatory approvals [7] - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [8]

Core Points - The Annual General Meeting (AGM) of GAM Holding AG was held on May 14, 2025, where shareholders approved all proposals from the Board of Directors [1][2] - A significant increase in shareholder participation was noted, with 83% of the total 1,065,257,891 shares represented, compared to 53% in 2024 [2] - The management report and financial statements for the year 2024 were approved, and the Board of Directors was discharged for the same financial year [2] Shareholder Decisions - Shareholders approved an increase in conditional capital and amendments to the Articles of Incorporation to fulfill obligations under various incentive plans [3] - All compensation proposals, including retrospective share-based compensation for the Board of Directors and Group Management Board, were approved [5] Board of Directors - Antoine Spillmann was re-elected as Chairman, along with other members of the Board of Directors for a term until the end of the AGM in 2026 [4][7] - The complete voting results and biographies of the elected Board members are available on the company's website [6] Company Overview - GAM is an independent investment manager listed in Switzerland, with total assets under management amounting to CHF 16.3 billion as of December 31, 2024 [8] - The company operates globally with offices in 14 countries and serves clients across almost every continent [8]

Group 1 - Principal Financial Group, Inc. (NASDAQ: PFG) operates in retirement, asset management, and life insurance sectors but lacks a competitive advantage compared to peers in these segments [1] - The current valuation of Principal Financial Group appears to be underwhelming when compared to its competitors [1]

Core Viewpoint - Invesco reported a decline in assets under management (AUM) for April 2025, influenced by net outflows and weak market returns, despite some positive contributions from foreign exchange [1][2][6]. AUM Performance - Invesco's month-end AUM for April 2025 was $1.84 trillion, a decrease of 0.3% from the previous month [1]. - The preliminary average total AUM for the quarter through April 30 was $1.82 trillion, with average active AUM at $1.03 trillion [3]. Net Inflows and Outflows - The company experienced net long-term inflows of $1.3 billion in April, but faced non-management fee-earning net outflows of $2 billion and money market net outflows of $12.1 billion [2]. - Weak market returns led to a $1 billion decline in AUM, while foreign exchange positively impacted AUM by $9.2 billion [2]. Breakdown by Asset Class - AUM under ETFs & Index Strategies was $492.4 billion, showing a slight increase from the previous month [4]. - Fundamental Fixed Income AUM grew by 2.4% to $298.9 billion, while China JV & India AUM rose by 1% to $112.1 billion [4]. - Multi-Asset/Other AUM increased by 2.9% to $61.1 billion, and QQQs AUM rose by 0.6% to $299.1 billion [4]. - Conversely, Private Markets AUM declined by 3% to $127.4 billion, Fundamental Equities AUM decreased by 0.6% to $261.1 billion, and Global Liquidity AUM fell by 6.1% to $187.9 billion [5]. Market Context - The company faces macroeconomic headwinds leading to volatility in asset flows, which may impact its top line in the near term [6]. - In the past three months, Invesco's shares have decreased by 15.4%, compared to a 7.4% decline in the industry [6]. Peer Comparison - Franklin Resources reported a preliminary AUM of $1.53 trillion, showing a slight decrease, attributed to long-term net outflows of $10 billion [9][10]. - T. Rowe Price announced a preliminary AUM of $1.56 trillion, reflecting a marginal decrease with net outflows of $3.5 billion [10].

Core Viewpoint - Fiera Capital Corporation has announced an agreement to issue $60 million in senior subordinated unsecured debentures, with an option for an additional $9 million, to fund the redemption of existing debentures and for general corporate purposes [1][5]. Group 1: Offering Details - The debentures will have a principal amount of $1,000 each and will bear an interest rate of 7.75% per annum, payable semi-annually [2][5]. - The offering is expected to close around June 3, 2025, and the first interest payment will be made on December 31, 2025 [1][2]. Group 2: Redemption Terms - The debentures are not redeemable before June 30, 2028, except in the event of a change of control [3]. - After the first call date, the debentures can be redeemed at a price of 103.875% of the principal amount plus accrued interest until June 30, 2029, after which they can be redeemed at par plus accrued interest [3]. Group 3: Use of Proceeds - The net proceeds from the offering will be used to redeem the Company's existing 8.25% senior subordinated unsecured debentures due December 31, 2026, and for general corporate purposes [5]. Group 4: Legal and Regulatory - A preliminary short form prospectus will be filed with securities regulatory authorities in Canada, and the offering is subject to customary regulatory approvals [7]. - The securities will not be registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [8]. Group 5: Company Overview - Fiera Capital is an independent asset management firm with a global presence, providing customized solutions across various asset classes to institutional and private wealth clients [12]. - The company is headquartered in Montreal and has offices in major cities worldwide, including New York, London, Hong Kong, and Abu Dhabi [13].

Core Viewpoint - Burford Capital Limited is undergoing a change in its country classification by MSCI, moving from the MSCI United Kingdom Indexes to the MSCI USA Indexes, which is expected to impact passive holdings and trading dynamics [1][2]. Group 1: Company Overview - Burford Capital is a leading global finance and asset management firm focused on law, offering services in litigation finance, risk management, asset recovery, and legal finance advisory [3]. - The company is publicly traded on both the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) [3]. Group 2: MSCI Index Changes - The change in Burford's classification will be implemented at the close on May 30, 2025, and will take effect on June 2, 2025 [2]. - This reclassification is anticipated to lead to a rotation of passive holdings from Burford's London stock line to its New York stock line in the short term [2].

Core Viewpoint - BlackRock Canada announced the May 2025 cash distributions for various iShares ETFs, detailing specific amounts for each fund and the payment schedule for unitholders [1][2][4]. Distribution Details - The cash distribution amounts per unit for selected iShares ETFs are provided, with notable distributions including: - iShares S&P/TSX 60 Index ETF (XIU): $0.272 - iShares Canadian Real Return Bond Index ETF (XRB): $0.273 - iShares Flexible Monthly Income ETF (XFLI): $0.189 - iShares S&P/TSX Composite High Dividend Index ETF (XEI): $0.136 [2][3]. Payment Schedule - Unitholders of record for most iShares ETFs will receive distributions on May 30, 2025, while unitholders of XRB will receive distributions on June 5, 2025 [1][4]. Additional Information - BlackRock Canada plans to issue a press release around May 21, 2025, to provide final amounts for the iShares Premium Money Market ETF [4]. - The iShares Canadian Real Return Bond Index ETF also has reinvested distributions, with a unit value of $0.31014 [6]. Company Overview - BlackRock is a leading provider of financial technology and investment management, with over $4.3 trillion in assets under management as of March 31, 2025 [8]. - iShares ETFs, managed by BlackRock, offer a diverse range of investment opportunities across various markets [8].

Group 1 - Virtus Investment Partners, Inc. (VRTS) reported preliminary assets under management (AUM) of $163.7 billion for April 2025, reflecting a 2.2% decrease from March 31, 2025, primarily due to net outflows in various fund categories [1] - The company's open-end fund balance decreased by 1.6% to $52.7 billion, while closed-end fund balance slightly declined to $10.2 billion [2] - Institutional accounts balance fell 2.1% to $55.5 billion, and retail separate accounts decreased by 3.4% to $45.3 billion [2] Group 2 - The integrated multi-boutique business model of the company is expected to support its performance in a growing industry, but the decline in AUM raises concerns about future profitability [3] - Elevated operating expenses are anticipated to negatively impact the company's bottom line in the near term [3] - Over the past six months, shares of Virtus Investment have decreased by 26.8%, compared to a 9.4% decline in the industry [4] Group 3 - The company currently holds a Zacks Rank of 4 (Sell) [5] - In comparison, Franklin Resources, Inc. reported a preliminary AUM of $1.53 trillion, showing a marginal decrease due to long-term net outflows [6] - T. Rowe Price Group, Inc. announced a preliminary AUM of $1.56 trillion, reflecting a slight decrease, with equity products totaling $767 billion and fixed income growing by 1% to $198 billion [8]