Core Viewpoint - A class action securities lawsuit has been filed against Blue Owl Capital Inc. due to alleged securities fraud affecting investors between February 6, 2025, and November 16, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that Blue Owl Capital Inc. faced significant pressure on its asset base from redemptions by business development companies, leading to undisclosed liquidity issues [2]. - It is claimed that the company was likely to limit or halt redemptions of certain business development companies, which contradicts the positive statements made by the defendants regarding the company's business and prospects [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until February 2, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, indicating no financial obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].

Core Insights - The asset management industry is transitioning from a "scale competition" to a "capability competition" as it approaches the end of 2025, with a focus on professional expertise rather than just size [1] - The core competitiveness of the industry in 2026 will center on the upgrade of investment research capabilities and innovation in service models, which are seen as key drivers for sustainable growth [1] Industry Growth and Structure - As of the end of Q3, the total scale of China's asset management industry reached 179.33 trillion yuan, reflecting an 8.21% growth compared to the end of 2024 [2] - The main components of this growth include bank wealth management, public funds, insurance asset management, and trust assets, with bank wealth management reaching 32.13 trillion yuan (17.92% share) and public funds at 36.74 trillion yuan (20.49% share) [2] - Policy guidance and structural optimization are crucial for sustaining this growth, with ongoing improvements to asset management regulations encouraging funds to flow towards the real economy and quality assets [2] Long-term Capital Inflows - By the end of Q3, pension funds managed by fund management companies totaled 6.85 trillion yuan, while insurance companies had a stock investment balance of 3.62 trillion yuan, highlighting the role of banks and insurance asset management institutions as key long-term investors in the capital market [3] Investment Research and Strategy - Investment research capability is fundamental for asset management institutions, with a focus on establishing a forward-looking research system and investment framework to generate sustainable excess returns [4] - In response to low interest rates and asset scarcity, the industry is increasingly adopting multi-asset and multi-strategy approaches, with bank wealth management products showing a shift in asset allocation towards cash and public funds [4] New Service Paradigms - The industry is evolving from a "product selling" model to a "wealth management" model, driven by low interest rates and the diversification of wealth management needs [7] - There has been significant expansion in distribution channels, with 31 out of 32 wealth management companies breaking through their parent bank's exclusive sales channels, indicating a shift towards broader market access [7] - The focus of competition is shifting towards understanding client needs and comprehensive asset allocation capabilities, particularly in the family trust sector, which has seen rapid growth [7] Future Outlook - The asset management industry is expected to play a crucial role in supporting the transformation of the real economy and optimizing the social financing system, with a shift from scale to capability becoming the new narrative [8]

PHILADELPHIA, Dec. 18, 2025 /PRNewswire/ -- abrdn Income Credit Strategies Fund (NYSE: ACP) has closed a $100 million private offering of Series A Mandatorily Redeemable Preferred Shares due December 18, 2030. These Shares are rated A2 by Moody's Investors Service, Inc. Net proceeds from the offering will be used primarily to refinance the Fund's existing debt and to make new portfolio investments. The table below summarizes certain key terms of the Fund's current leverage: Amount($ in millions) Mood ...

Core Insights - The asset management industry is transitioning from a "scale competition" to a "capability competition" as it approaches the end of 2025, with a focus on professional expertise rather than just growth in size [1][4] - The total scale of China's asset management industry reached 179.33 trillion yuan by the end of Q3 2025, reflecting an 8.21% increase from the end of 2024 [2] Industry Growth Dynamics - The asset management sector has evolved from "barbaric growth" to "regulated expansion," with healthy competition among various financial institutions, including bank wealth management, public funds, insurance asset management, trusts, and private equity funds [2] - As of Q3 2025, bank wealth management reached 32.13 trillion yuan, accounting for 17.92% of the total, while public funds reached 36.74 trillion yuan, making up 20.49% [2] Policy and Structural Optimization - Continuous improvement of asset management regulations and structural optimization are supporting the growth of the industry, with a focus on directing funds towards the real economy and high-quality assets [2] - Long-term capital inflows are crucial for reshaping the industry ecosystem, with pension fund management reaching 6.85 trillion yuan and insurance companies investing 3.62 trillion yuan in stocks by the end of Q3 2025 [2] Investment Research and Strategy - Investment research capability is fundamental for asset management institutions, with a focus on establishing a forward-looking research system and investment framework to achieve sustainable excess returns [3] - The trend towards multi-asset and multi-strategy investment is becoming a consensus in the wealth management industry, with banks increasing allocations to cash, public funds, and reducing bond allocations [3] Service Model Evolution - The low-interest-rate environment and evolving wealth management needs are driving a shift from a "product-selling" model to a "wealth management" model, emphasizing comprehensive asset allocation solutions [4] - The number of institutions cross-selling wealth management products has increased, with 583 institutions participating in cross-bank sales by September 2025, up from the previous year [4] Competitive Focus - As high-quality products become more common, competition is shifting towards understanding client needs and comprehensive asset planning capabilities [4] - The family trust business is rapidly growing, indicating a shift in focus from scale to service capability among trust companies [4]

Core Insights - Morgan Stanley Investment Management (MSIM) has surpassed $10 billion in assets under management in its exchange-traded fund (ETF) platform, indicating strong investor demand for its active and systematic ETFs [1] Group 1 - The achievement reflects the strength of MSIM's platform and robust demand from investors [1] - The milestone highlights the commitment of MSIM's investment and distribution teams [1]

One of the biggest challenges for retirees is figuring out how to pay themselves. For years, it’s save, save, save, but when it comes time to pull money out of retirement accounts even people who have saved adequately for retirement tend to freeze. Learn more: Retirement planning — a step-by-step guide Starting next year, Vanguard has a solution: Through a collaboration with TIAA, it will offer a new retirement savings option for participants in its 401(k) plans. In simple terms, it’s an investment pro ...

U.S. asset manager Bitwise has forecast a wave of new crypto-linked exchange-traded funds (ETFs), predicting that more than 100 such products could launch in the United States by 2026 as regulatory clarity accelerates and issuer barriers fall. In a post shared on X, Bitwise said recent regulatory developments have set the stage for what it described as an “ETF-palooza,” marking a sharp shift from years of regulatory resistance toward broader institutional access to digital assets. Regulatory Shift Opens ...

Let's bring in Holly Newman Croft, Newberger Berman, private wealth managing director. Holly, it's great to have you. How does your outlook change if at all for 2026 after another solid year here for the market.It's been a great year. What a way to end the year up 16%. You know, we we started the year together talking about expectations for uncertainty leading to volatility and we certainly experienced that um all year, but we were not predicting such a strong year uh overall in the equity markets.The S&P w ...

Core Insights - Apollo Global Management Inc. is enhancing its risk review process to account for the impact of extreme weather on asset valuations, reflecting a growing concern over the damage caused by floods, storms, and wildfires [1][3] - The firm is expanding its top-down analyses to include more granular, company-level risk assessments before closing deals, as climate-driven disruptions are increasingly affecting operating costs, supply chains, and insurance markets [2][5] Group 1: Risk Assessment and Management - Apollo is implementing deeper analyses of "acute and chronic climate hazards," focusing on loan-level mapping in mortgage portfolios and evaluating exposure to drought, flood, heat, and wildfire in hard-asset sectors [5] - The integration of technology and data availability is allowing Apollo to refine its approach to measuring physical and transition risks, making these assessments a standard part of every deal across all asset classes [5] Group 2: Industry Trends and Responses - The awareness of extreme weather's potential to alter asset values is increasing, with firms like KKR & Co. introducing new credit climate risk models to assess physical risks for new and existing issuers [6][7] - Investors are beginning to recognize the need to assess climate risks similarly to other financial risks, as these can significantly impact cash flows and costs [9][10] Group 3: Market Impact and Future Considerations - A report by MSCI highlighted that 55% of companies in a $2 trillion analysis already face severe physical hazards, affecting sectors such as real estate, insurance, and utilities, leading to higher premiums and lower asset values [10] - The realization that physical risks are already impacting portfolios is prompting investors to adjust their strategies, with a focus on long-term asset holding and the potential for both risks and opportunities in the evolving market landscape [9][11]

Core Insights - The investment landscape is shifting, with volatility expected to persist into 2026, necessitating more active investment strategies rather than passive approaches [1] - Fidelity is positioning itself as a leader in the ETF market by focusing on factor-based investing, which emphasizes strong screening criteria for portfolio construction [4][5] Group 1: Fidelity's Strategy - Fidelity aims to differentiate itself from competitors by offering ETFs designed for investors seeking simplicity without the need for active management [2][3] - The company utilizes a quality control mechanism in its ETFs to target specific investment outcomes, such as higher income and lower volatility, amidst uncertain economic conditions [5] Group 2: ETF Performance - The Fidelity High Dividend ETF (NYSE:FDVV) is highlighted as a strong choice for income-focused investors, boasting a yield of 3.04% and a notable 22% dividend growth over the past year [6][7][8] - Other Fidelity ETFs include the Fidelity Total Bond ETF with a 4.61% yield and monthly payouts totaling $2.14 annually, and the Fidelity Emerging Markets Multifactor ETF yielding 3.58% with a 27.06% dividend growth in 2025 [7]