Core Viewpoint - T. Rowe Price Group, Inc. announced its financial results for the fourth quarter and full year 2025, highlighting its performance and business updates [1]. Group 1: Financial Performance - The firm managed $1.78 trillion in client assets as of December 31, 2025, with approximately two-thirds being retirement-related assets [4]. - The earnings release is available on the firm's website, indicating transparency in financial reporting [1]. Group 2: Leadership and Communication - Rob Sharps, Chair, CEO, and President, along with CFO Jen Dardis, will provide a business performance update and review financial results during a webcast [2]. - Supplemental materials related to the financial results will be accessible on the investor relations website shortly before the webcast [3].

Core Insights - Brookfield Asset Management Ltd. reported record financial results for Q4 2025, with $35 billion raised in the quarter and $112 billion for the year, marking the strongest results since its listing [1][5][9] - The company appointed Connor Teskey as CEO, succeeding Bruce Flatt, who will remain as Chair of the Board [2][3] - Fee-related earnings reached $867 million, up 28% year-over-year, while distributable earnings were $767 million, up 18% year-over-year [1][7][8] Financial Performance - Fee-related earnings for Q4 2025 were $867 million, or $0.53 per share, compared to $677 million, or $0.42 per share in Q4 2024 [6][7] - Distributable earnings for Q4 2025 were $767 million, or $0.47 per share, compared to $649 million, or $0.40 per share in Q4 2024 [8][27] - Net income for Q4 2025 was $615 million, down from $680 million in Q4 2024, while total revenues increased to $1.394 billion from $1.063 billion [6][26] Fundraising and Capital Deployment - The company achieved record fundraising of $35 billion in Q4 2025, contributing to a total of $112 billion for the year [1][9] - Fee-bearing capital grew to $603 billion, reflecting a 12% year-over-year increase [9] - Capital deployment reached $13 billion in Q4 2025, with total capital invested for the year at $66 billion, the strongest year ever for the company [9][10] Dividend Increase - The Board declared a quarterly dividend of $0.5025 per share, representing a 15% increase, payable on March 31, 2026 [4][29] Strategic Initiatives - Brookfield launched a $100 billion global AI infrastructure program, with a target of $10 billion in equity commitments, of which $5 billion has already been secured [13][14] - The company announced a strategic partnership with Qatar's national AI company to establish a $20 billion joint venture focused on AI infrastructure [21][14] - Brookfield completed the acquisition of a majority interest in Angel Oak, an asset manager focused on specialty mortgage and consumer credit solutions [21][14]

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：金十数据 在周三的市场交易中，软件股及其他被认为面临人工智能风险的行业表现出的抛售潮毫无减弱迹象。摩 根大通认为，投资者的悲观情绪正愈演愈烈。 摩根大通分析师奥格（Toby Ogg）表示："目前的市场环境不仅是'有罪推定'，软件行业甚至正处于'未 审先判'的境地。" 在过去两周内，奥格与欧洲及美国的50多位投资者进行了会面。他发现，这些投资者在过去12到18个月 内已大幅削减了软件股的持仓。他在客户报告中指出，即便在经历了近期的回调之后，投资者的入场意 愿普遍依然较低。 此番言论发表于周二软件、金融服务及资产管理行业的暴跌之后。引发恐慌的诱因是Anthropic发布的 一款全新AI自动化工具，这使得投资者担心许多企业的业务正面临生成式AI日益严重的威胁。 对于软件公司而言，奥格认为仅仅超出预期的业绩已不足以说服市场。除非这些公司能够无可辩驳地证 明，AI是增长的持续动力，而非长期的阻碍。 对软件企业来说，要克服这一障碍十分困难，因为投资者的担忧是多方面的。其中之一便是按账户计费 的定价模式。如果AI工具能减少所需的账户数，这种收费 ...

BlackRock’s Larry Fink says it’s vital for India’s population to invest alongside the country’s economic growth, a key reason the world’s largest asset manager is expanding its presence in the country https://t.co/9VfcTxMLIg ...

从"金融中心"走向"配置中心"。 在上海国际金融中心建设迈入"提升能级"的关键阶段，如何在全球金融格局重塑、科技创新周期拉长的 背景下，重构金融基础设施与制度供给，成为今年上海市政协委员们建言的重要议题。 在2日4日举行的上海市政协十四届四次会议大会发言以及多个专题会议上，多位委员围绕人民币资产全 球配置、科技金融全周期支持、未来产业风险分担、离岸金融与金融科技生态建设等议题建言献策。 构建吸引全球买方的"投研交易新基建" "上海国际金融中心建设已迈入提升能级的关键期。"市政协委员张谦在发言中表示。 张谦提出，应对标国际标准，构建吸引全球买方的"投研交易新基建"。其中，首要任务是构建国际化的 投研话语体系。他建议，鼓励本土券商对标国际投行研究范式，向全球买方以及国际经济数据平台持续 输出高质量研究成果。 在交易层面，张谦特别强调机构级交易与避险工具的完善。他建议称，要借鉴国际成熟经验，支持本土 券商建设场外交易信息平台。 冯旭光表示，离岸金融业务类型多样、风险差异显著，应"分类推进、稳妥试点"，并建议在具备条件的 区域，专门划设离岸金融（经济）功能区，集中探索制度创新。 在张谦看来，人民币资产全球配置能力的提 ...

Bitwise Asset Management is acquiring Switzerland-based institutional staking services provider Chorus One to expand beyond into yield-generating infrastructure. At the time of writing, the terms of the deal were not disclosed, but both companies have confirmed the acquisition. According to Bloomberg, Chorus One operates staking infrastructure across multiple decentralized networks and has roughly $2.2 billion in staked assets. For asset managers, staking has increasingly become a way to turn spot hold ...

Core Viewpoint - CoinShares International Limited and Vine Hill Capital Investment Corp. are progressing towards a business combination, with an amended draft registration statement submitted to the SEC, indicating regulatory review advancement [1][2]. Company Overview CoinShares - CoinShares is a leading global asset manager specializing in digital assets, providing a range of financial services including investment management and trading [4]. - Founded in 2013, CoinShares is headquartered in Jersey and operates in multiple countries including France, Sweden, the UK, and the US [4]. - The company is regulated by various financial authorities, including the Jersey Financial Services Commission and the U.S. Securities and Exchange Commission [4]. Vine Hill - Vine Hill is a special purpose acquisition company (SPAC) that completed a $220 million initial public offering in September 2024 [5]. - The company aims to unlock shareholder value by leveraging public markets to help businesses achieve their potential [5]. Transaction Details - The business combination will result in Odysseus Holdings Limited becoming the publicly-listed holding company of CoinShares [1]. - The completion of the transaction is subject to customary closing conditions, including shareholder approvals and regulatory approvals from the Royal Court of Jersey [3]. - A directions hearing with the Royal Court of Jersey is scheduled for February 17, 2026, to facilitate the transaction [3].

Group 1: UBS Performance - UBS reported a 56% year-on-year increase in fourth-quarter profit, reaching $1.2 billion, which surpassed expectations [1] - The bank announced a $3 billion share buyback plan for 2026, with intentions to exceed this target [1] Group 2: Novo Nordisk Challenges - Novo Nordisk disappointed investors by forecasting a decline in sales and profit growth for the year, leading to a more than 14% drop in its American depository shares [2] - CEO Mike Doustdar indicated that the company will face pricing headwinds in a competitive market in 2026 [2] Group 3: Novo Nordisk Long-term Outlook - Despite current challenges, Novo Nordisk expects long-term tailwinds, particularly with the recent launch of Wegovy in pill form and the approval of a higher dose of its injection by U.K. regulators [3] - The company is actively exploring potential M&A opportunities [3] Group 4: Market Trends - Major U.S. indexes experienced declines, with the S&P 500 down 0.84% and the Dow Jones Industrial Average falling 0.34% [3] - The tech-heavy Nasdaq Composite dropped 1.43%, influenced by significant losses in software stocks like ServiceNow and Salesforce, which fell nearly 7% [4] - Asian software firms also faced declines, with Japanese companies leading the losses in the region [4] Group 5: Private Credit Market - Asset firms with substantial holdings in the private credit market, such as Blue Owl, Ares Management, and KKR, saw declines, as the software industry constitutes about 20% of private loans from direct lenders [5]

Posted on // Vanguard just announced a new round of expense ratio drops spanning 53 funds (roughly 25% of them), totaling close to $250 million in fee reductions in 2026. See their press release and full list of changes. This comes almost exactly a year after their February 2025 cuts which spanned 87 funds with an estimated $350 in fee reductions that year. Over the past two years, Vanguard has reduced fees on most of its fund lineup totaling nearly $600 million in savings for investors—Vanguard’s largest-e ...

Amundi launches a 500 million euros share buyback programme  As announced during the publication of its 2025 annual results, Amundi announces today the launch of a 500 million euros share buyback programme. Amundi has mandated an independent investment services provider to carry out the share buyback programme on its behalf, for a total amount of €500 million (accounting for circa 3.1% of Amundi’s share capital at current price levels). The buyback programme will start on 4 February 2026 and end no later t ...