CHICAGO, Dec. 29, 2025 (GLOBE NEWSWIRE) -- XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, announced it plans to expand the XAI Interval Fund Index™ (“INTVL”) suite with its first sub-index. Expected to launch in Q1 2026, the XAI Interval Fund Credit Index™ (“INTVL-C”) will track the performance of credit interval and tender offer funds. The sub-index will offer asset managers greater transparency with a more comprehensive look at category constituents that have n ...

12月24日，徐州国润产业投资基金（有限合伙）（以下简称"基金"）成功在中国证券投资基金业协会完成备案，标志着该基金正式设立并迈入实质性运作阶 段，将为睢宁区域产业升级与经济高质量发展注入新的资本动能。 作为推动区域产业升级的重要"资本引擎"，国盛集团近年来持续深化国有资本市场化运作，充分发挥引导撬动与资源整合核心功能，积极与产业资本、社会 资本、金融机构开展深度战略合作，不断加大对实体经济的股权投资力度，现已构建起覆盖多领域、多层次的完善产业基金矩阵。依托这一优势，集团在高 端装备、生物医药等领域成功培育出一批优质标杆企业，为徐州产业结构优化升级提供了有力支撑。 基金的成功备案及快速落地运作，既是国盛集团"十四五"收官之年产业投资布局的又一重要成果，也为集团"十五五"时期进一步扩规模、提质量、强协同、 树品牌，深化基金矩阵建设、攻坚项目投资落地奠定了坚实开局。 下一步，国盛集团将加速推进基金投资运作进程，持续完善"资本+招商"融合机制，充分释放国有资本的引领放大效应，以精准资本赋能推动产业集聚发 展，为区域经济高质量发展注入更为强劲的动力。（来源：徐州国盛集团） （注：此文属于央广网登载的商业信息，文章内容 ...

Core Viewpoint - The implementation of the new fee transparency regulations (TCR) aims to enhance investor awareness regarding the costs associated with fund ownership, potentially impacting client relationships and firm strategies [1][14]. Industry Preparedness - The Securities and Investment Management Association (SIMA) indicates that the investment industry has been preparing for the CRM reforms, with various stakeholders, including fund managers and advisors, actively working towards compliance [3][4]. - Research conducted by SIMA suggests that firms are at different stages of readiness, but the overall sentiment is that the industry is well-prepared to meet the new obligations [4]. Firm-Specific Initiatives - CI Global Asset Management has been proactive in preparing for CRM3 by developing training materials for advisors to handle client conversations regarding TCR [5][6]. - RBC Wealth Management has been preparing for approximately 18 months, focusing on generating required fund data and ensuring advisors can effectively communicate this information to clients [8][10]. Client Interaction and Training - Advisors' readiness for TCR is heavily dependent on the training they receive, with expectations of varying effectiveness across different firms [6]. - Firms like IG Wealth Management are investing in technological tools and planning regular training sessions to equip advisors with the necessary skills to discuss enhanced fee disclosures with clients [10][11]. Regulatory Expectations - Regulators anticipate that CRM3 will lead to greater transparency in investment costs, increased client understanding, and improved investor protection [14][15]. - The enhanced statements are expected to help consumers make more informed financial decisions, aligning segregated fund reporting with securities sector reporting [15]. Market Dynamics - The introduction of TCR may lead some investors to shift towards lower-fee products, although a significant segment of the investor population values the advice provided by advisors and may not prioritize fees [17][18]. - Behavioral economics research indicates that consumers generally respond positively to clear cost disclosures, which may mitigate concerns about fee transparency [18][19]. Flexibility and Compliance - The TCR rules are designed to be principles-based, allowing firms flexibility in how they respond while still delivering a strong client experience [20].

Core Viewpoint - The article highlights significant upcoming events and economic indicators, including the release of manufacturing PMI data for China and the US, changes in trading regulations for silver and gold futures, and notable corporate developments such as the leadership transition at Berkshire Hathaway and the IPOs of several companies in Hong Kong [4][6][12][16][17]. Economic Indicators - China's official manufacturing PMI for December is expected to be released on December 31, with a previous reading of 49.2 indicating contraction. Analysts anticipate a slight recovery due to policy support, focusing on new order indices and performance across different enterprise sizes [6]. - The US will release the S&P Global Manufacturing PMI for December on January 2, along with data on initial jobless claims for the week ending December 27 [7]. Corporate Events - Warren Buffett officially steps down as CEO of Berkshire Hathaway, with Greg Abel taking over the role starting January 1, 2026 [12]. - Wall Street anticipates the announcement of a new Federal Reserve chair by President Trump in the first week of January [10]. - Wall Street and various global markets will observe a holiday break from January 1 to January 4, 2026 [13][14]. Price Adjustments in Industries - A price increase trend is noted in the paper and chemical industries, with companies like Jilin Chemical Fiber and Hunan Youneng announcing significant price hikes for their products starting January 1, 2026 [25][26][27][28][29][30][31]. Regulatory Changes - The National Investment Silver LOF has tightened its subscription limits, reducing the A-class investment cap back to 100 yuan and suspending C-class subscriptions effective December 29 [18][19]. - The Shanghai Futures Exchange has adjusted the price fluctuation limits for gold and silver futures to 15% and modified margin requirements effective December 30 [20]. Legislative Developments - The "Fujian Province Promotion of Cross-Strait Standard Commonality Regulations" will take effect on January 1, 2026, marking a significant legislative move aimed at enhancing standards between the two regions [32].

本报讯(记者袁传玺)天眼查App显示，近日，陕西中赢兴盛科技创新协同发展基金合伙企业(有限合伙) 成立，执行事务合伙人为中银国际投资有限责任公司、陕西投资基金管理有限公司，出资额10亿元，经 营范围为以私募基金从事股权投资、投资管理、资产管理等活动，由中银国际投资有限责任公司、陕西 省政府投资引导基金合伙企业(有限合伙)、西安市工业倍增基金合伙企业(有限合伙)、陕西有色金属控 股集团有限责任公司、陕西投资基金管理有限公司共同出资。 ...

本报讯(记者袁传玺)天眼查App显示，近日，宿迁市产业集聚发展基金(有限合伙)成立，执行事务合伙 人为宿迁产发创业投资有限公司，出资额50亿元，经营范围为以私募基金从事股权投资、投资管理、资 产管理等活动，股权投资，创业投资。合伙人信息显示，该基金由宿迁产业发展集团有限公司、宿迁市 宿城区创新投资集团有限公司、泗洪文化旅游发展集团有限公司等共同出资。 ...

Core Insights - The stock market provides opportunities across various sectors and macroeconomic conditions, allowing investors to capitalize on different trends [1] - A hybrid investment strategy combining classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1] Investment Strategy - The approach focuses on high-quality dividend stocks and assets with long-term growth potential, which can significantly contribute to income generation [1] - The strategy aims to create a balance between growth and income, ensuring that total returns align with market benchmarks [1]

Core Insights - The stock market provides opportunities to capitalize on various sectors and macroeconomic conditions, particularly during rising interest rates [1] - A hybrid investment strategy combining classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1] Investment Strategy - The approach focuses on high-quality dividend stocks and assets with long-term growth potential, which can significantly contribute to income generation [1] - The strategy aims to create a balance between growth and income, allowing investors to capture total returns that align with market benchmarks [1]

Core Insights - The CEF/ETF Income Laboratory manages portfolios targeting approximately 8% yields through closed-end funds (CEFs) and exchange-traded funds (ETFs) [1][2] - The service is designed for both active and passive investors, providing features such as managed income portfolios, monthly payers for faster compounding, and 24/7 chat support [2] Company Overview - Juan de la Hoz has extensive experience in fixed income trading, financial analysis, and economics, focusing on dividend, bond, and income funds, particularly ETFs [2] - The CEF/ETF Income Laboratory is led by Stanford Chemist and emphasizes high-yield opportunities in the CEF and ETF space [2] Investment Strategy - The investment strategy includes targeting safe and reliable yields of around 8%, appealing to a wide range of investors [2] - The majority of holdings in the CEF/ETF Income Laboratory are structured to provide monthly income, enhancing compounding effects [2]

Group 1 - The Conservative Income Portfolio focuses on value stocks with high margins of safety and aims to reduce volatility through well-priced options [1] - The Enhanced Equity Income Solutions Portfolio targets a yield of 7-9% while minimizing volatility [1] - The performance of these portfolios is benchmarked against a 60:40 allocation, indicating a structured approach to income generation [1] Group 2 - The Covered Calls Portfolio is designed for lower volatility income investing with an emphasis on capital preservation [2] - The fixed income portfolio aims to acquire securities that offer high income potential and are significantly undervalued compared to peers [2] - The team behind these portfolios has over 40 years of combined experience in generating options income while focusing on capital preservation [2]