The expectations of a lower US Consumer Price Index reading triggered notable institutional inflows and wild token volatility for the crypto ecosystem. Firstly, US-based spot Bitcoin exchange-traded funds saw a net inflow of $457.3 million on Wednesday, Dec. 17, according to data from Farside. Fidelity’s FBTC and BlackRock’s IBIT led the inflows, each worth $391.5 million and $111.2 million, respectively. On the other hand, spot Ethereum ETFs recorded a net outflow of $22.4 million, their fifth-consecut ...

Core Viewpoint - The article discusses the recent surge in demand for a composite strategy product launched by Two Sigma's domestic subsidiary, Tengsheng Investment, highlighting the strong investor interest in high-quality strategies despite market fluctuations [3][5]. Group 1: Market Trends - Tengsheng Investment's product, a "80%指增 + 20% CTA" strategy, was launched with a total quota of 20 billion, which was quickly sold out, indicating a robust demand for such investment products [3][5]. - Similar trends were observed with Bridgewater's all-weather strategy, where high-net-worth clients faced challenges in securing allocations, demonstrating the persistent investor appetite for quality strategies [5][6]. Group 2: Performance Metrics - The performance metrics for the two different product channels from Tengsheng Investment are as follows: - 80%指增 + 20% CTA product: projected annualized return of 15.11% with a maximum drawdown of 16.35% [6]. - 75%指增 + 25% CTA product: projected annualized return of 17.9% with a maximum drawdown of 14.85% [6]. - The combination of CTA strategies has shown to enhance overall returns by nearly 3 percentage points while reducing drawdowns, making it attractive in a volatile market [6][7]. Group 3: Strategy Effectiveness - The article emphasizes the effectiveness of the CTA + composite strategy, which allows for efficient capital usage by leveraging margin requirements, enabling funds to be allocated to multiple strategies simultaneously [8][10]. - The complementary nature of the two strategies—quantitative long positions focusing on stock market opportunities and CTA strategies profiting from futures markets—provides a diversified revenue source and enhances resilience against market volatility [10][11]. Group 4: Investment Considerations - While Two Sigma's capabilities and industrialized quantitative systems are acknowledged, concerns about their large management scale potentially affecting service responsiveness are raised [13]. - The article suggests that investors should consider domestic quantitative managers offering similar CTA + quantitative long strategies, as they may provide competitive alternatives [16][17]. Group 5: Examples of Domestic Managers - Two domestic managers are highlighted: - A well-established quantitative private equity firm with a strong track record in both CTA and quantitative long strategies, employing a mix of 80-90% quantitative selection and 30-50% CTA strategies [18]. - A smaller, more selective private equity manager with a strategy comprising approximately 70% composite CTA and 30% quantitative selection, focusing on stable excess returns through a diversified approach [19].

Core Insights - Beijing's asset management scale is approximately 48 trillion yuan, accounting for nearly 30% of the national total [2] - The city aims to establish itself as a global wealth management center, leveraging its market advantages, resource endowments, and policy environment [2] - The financial industry in Beijing represents about half of the national total assets, with leading indicators in various financial metrics [2] Group 1 - The city is focusing on high-standard development of the financial industry, emphasizing reforms in key areas and innovative financial services [3] - There is a strong emphasis on promoting financial support for the real economy, directing resources towards new productive forces and urban governance [3] - Support for the Beijing Stock Exchange's reform is a priority, aiming to enhance its role in serving innovative small and medium-sized enterprises [3] Group 2 - The city plans to expand financial openness, promoting cross-border investment facilitation and hosting significant financial forums [3] - There is an intention to introduce international best practices and deepen collaboration with both domestic and foreign financial institutions [3]

The former president of Sumitomo Mitsui Trust Asset, Yoshio Hishida, will be appointed the first chairman of a new asset management industry group formed after a merger https://t.co/PtJVGdG2EH ...

Get ready to hit the runway. Despite the White House pushing for expanded access to private markets, many advisors view them as overly complex or unnecessary. SEC Commissioner Caroline Crenshaw went even further, calling broader retail access to all alternatives an “irresponsible departure from foundational pillars of the securities laws.” Customizable model portfolios, however, may offer a path around such skepticism, some asset managers believe. The products allow advisors to spend less time sifting t ...

Group 1 - Invesco Ltd. and Galaxy Asset Management launched the Invesco Galaxy Solana ETP (QSOL), providing investors direct exposure to Solana (SOL) within a regulated ETP structure [1][2] - QSOL aims to broaden access to blockchain infrastructure, aligning with the firms' commitment to democratizing digital asset exposure and supporting decentralized technologies [2] - QSOL expands Invesco's digital assets ETP suite, which includes the Invesco Galaxy Bitcoin ETP (BTCO) and the Invesco Galaxy Ethereum ETP (QETH) [2][5] Group 2 - QSOL is supported by Coinbase Custody Trust Company for institutional-grade storage and Lukka Inc. for pricing data, ensuring standards for custody and valuation [4] - The ETP is structured as a grantor trust, allowing both cash and in-kind creations and redemptions at launch, and is designed to enhance liquidity and tracking accuracy [4] - Invesco manages $2.1 trillion in assets as of September 30, 2025, and has over 8,300 employees globally, providing a range of investment capabilities [4] Group 3 - Galaxy Digital focuses on digital assets and data center infrastructure, offering solutions that accelerate progress in finance and AI, with a digital assets platform providing institutional access to various services [4] - Galaxy's Helios campus in Texas, with 800 MW capacity and an additional 2.7 GW under study, positions the company among the largest data center developments in North America [6] - BTCO is noted for its efficiency in tracking the spot price of bitcoin, with a -0.73% difference to spot bitcoin and a +96% NAV return since inception [5]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 12月17日，COMEX黄金震荡反弹，报收4371.4美元/盎司，涨幅0.90%。国内SHFE金夜盘维持高位震 荡，报收982.48元/克，涨幅0.53%。 继上周五被传部分数据中心工程延期竣工后，甲骨文周三又传出坏消息。媒体称，甲骨文的重要数据中 心合作伙伴Blue Owl Capital原计划对密歇根州的一个数据中心项目安排高达100亿美元融资并进行大额 股权投资，相关协议谈判目前停滞。市场对人工智能（AI）交易更加担忧，AI和芯片股拖累美股三大 股指齐跌，市场避险情绪升温。与此同时，美国政府封锁进出委内瑞拉的受制裁油轮，俄罗斯可能面临 美国的新制裁，地缘政治风险加剧，短期贵金属走势支撑或较强。 日本央行行长植田和男及其委员会成员可能会在为期两天的会议结束时，将隔夜拆借利率上调25个基点 至0.75%。自植田和男本月早些时候发出加息临近的罕见明确信号以来，由于薪资增长势头保持良好， 且美国关税造成的破坏小于预期，市场对加息的预期持续升温。不过，由于加息已被市场充分消化，带 来的流动性冲击或不及去年8月，继续谨慎偏强对待金价。 责任编辑：朱赫 ...

Core Points - Purpose Investments Inc. announced distributions for December 2025 for its open-end and closed-end funds, with ex-distribution dates set for December 29 and December 31, 2025 respectively [1] Open-End Funds - The following are the distributions per share/unit for various open-end funds: - Apple (AAPL) Yield Shares Purpose ETF: $0.1667 [2] - Purpose Couche-Tard (ATD) Yield Shares ETF: $0.0650 [2] - Purpose Canadian Financial Income Fund: $0.1225 [2] - Purpose Global Bond Fund: $0.0866 [2] - Purpose Bitcoin Yield ETF: $0.0850 [2] - Purpose Canadian Natural Resources Yield Shares ETF: $0.1400 [2] - Purpose Microsoft Yield Shares Purpose ETF: $0.1750 [2] Closed-End Funds - The following are the distributions per share/unit for closed-end funds: - Big Banc Split Corp, Class A: $0.1200 [4] - Big Banc Split Corp - Preferred Shares: $0.0700 [4] Cash Management Funds - Estimated distributions for cash management funds are as follows: - Purpose USD Cash Management Fund: US $0.3753 [5] - Purpose Cash Management Fund: $0.2449 [5] - Purpose High Interest Savings Fund: $0.1033 [5] - Purpose US Cash Fund: US $0.3466 [5] Company Overview - Purpose Investments manages over $30 billion in assets and focuses on client-centric innovation, offering a range of managed and quantitative investment products [7]

今天分享的是：诺德·安博特公司：2026年全球投资展望报告：乘势而上（英文版） 报告共计：31页 诺德·安博特2026年全球投资展望报告核心总结 2026年初，全球金融环境普遍宽松，各国央行降息举措带动股市走强、信用利差收窄，信贷供给充足。各国央行在短期通胀目 标上展现出政策灵活性，即便部分国家通胀略高于目标，仍通过降息支持经济活动与就业，市场对中期通胀预期保持稳定。 股市方面，当前牛市处于历史平均水平，未进入泡沫区间。超大规模科技公司的AI相关资本支出远超预期，带动半导体、数据 中心相关产业盈利增长，且AI投资回报周期较传统项目更短。消费领域呈现K型分化格局，但稳定的就业市场与政策支持有望 支撑2026年消费支出。全球并购与IPO活动回暖，国际市场盈利增长加速，中小盘股表现回升，市场广度持续改善。 诺德·安博特公司《2026年全球投资展望报告》围绕"乘势而上"的主题，剖析了全球金融市场的核心趋势与关键动态。 私人信贷市场在2025年下半年回暖，美联储降息与关税政策调整推动并购活动复苏。尽管出现个别违约事件，但市场基本面稳 健，私募股权公司充裕的"干粉"资金与即将到来的债务到期潮，将为私人信贷市场带来持续需求 ...

Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Corton Capital Inc. ("Corton") today announces cash distributions for the Class ETF Units of the Corton Enhanced Income Fund for the month of December. The cash distributions will be paid on or about January 8, 2026 to unitholders of record on December 31, 2025.Details regarding the per unit cash distribution amount are as follows: Corton ETF TSX Ticker Cash Distribution Corton Enhanced Income Fund RAAA $0.06 per unit For further information, includi ...