Core Viewpoint - Baron is an asset management firm that specializes in growth equity investment solutions, emphasizing a long-term and fundamental approach to investing [1] Company Overview - Founded in 1982, Baron has established a reputation for its active growth investing strategy [1] - The firm originated as an equity research company, which remains central to its operations [1] Communication Note - The account mentioned is not managed or monitored by Baron Capital, and inquiries should be directed through official channels [1]

Financial Performance - The Group's net revenue for Q1 2025 was EUR 14.0 million, a decrease of 15% from EUR 16.5 million in Q1 2024 [2][3] - Operating profit fell by 34% to EUR 5.8 million compared to EUR 8.8 million in the previous year [2][3] - Profit for the period decreased by 35% to EUR 4.6 million from EUR 7.0 million [2][3] - Earnings per share dropped by 36% to EUR 0.11 from EUR 0.17 [2][3] Segment Performance - Asset Management segment's net revenue decreased by 5% to EUR 14.4 million, with operating profit down 11% to EUR 7.9 million [2][3][8] - Corporate Finance segment reported net revenue of EUR 0.1 million, a significant drop from EUR 0.8 million, with an operating loss of EUR -0.8 million [2][3][13] - Investments segment experienced an operating loss of EUR -0.6 million, a decline from a profit of EUR 0.2 million in the previous year [2][3][15] Market Conditions - The early part of 2025 saw turmoil in global capital markets, with US stock markets remaining flat and European stock prices rising by approximately 15% [5] - The tariff war and geopolitical challenges have created significant uncertainty in capital markets, negatively impacting economic development [6] - Interest rates have fallen significantly, particularly in Europe, which may support real estate and equity investments [6] Asset Management Developments - eQ Asset Management's assets under management grew to EUR 13.6 billion, up from EUR 13.4 billion at the end of 2024 [3][4] - The company raised USD 143 million for its private equity fund, eQ PE XVII US, with total fund size increasing to USD 168 million after the review period [9] - The market for open-ended real estate funds remains low, with postponed redemptions expected to be paid by the end of April 2025 [10][16] Future Outlook - The real estate market is expected to improve in 2025 compared to 2024, contingent on falling interest rates and economic recovery [16] - Private equity fees are anticipated to increase in 2025, as Finnish asset management clients are expected to raise their allocations [18] - The company aims to enhance client service and growth through organizational restructuring and key appointments [11]

Core Insights - Amundi reported record net inflows of +€31 billion in Q1 2025, the highest quarterly net inflows since 2021, contributing to a total assets under management (AUM) of €2.25 trillion, a 6% increase year-on-year [2][4][15]. Financial Performance - Profit before tax reached €458 million, up 11% year-on-year, driven by revenue growth of 11% and an improved cost-income ratio of 52.4% [21][27]. - Adjusted net income was approximately €303 million, with an adjusted earnings per share of €1.48, reflecting a 9.6% increase compared to the previous year [31][34]. Asset Management Growth - The company experienced strong inflows in medium- to long-term (MLT) assets, totaling +€37 billion, excluding joint ventures (JVs), marking a new quarterly record [16][17]. - Notable inflows included +€21 billion from a significant mandate with The People's Pension in the UK and +€10 billion from ETFs [11][17]. Geographic and Segment Performance - Inflows were particularly strong in Asia, with +€8 billion in net inflows, and Third-Party Distribution recorded a 15.6% year-on-year increase in AUM [10][43]. - The Institutional segment saw net inflows of +€30.1 billion, benefiting from the new mandate and strong bond inflows across various sub-segments [18][23]. Market Context - The capital markets showed positive performance in Q1 2025, with equities and bonds gaining +13% and +3% year-on-year, respectively, positively impacting Amundi's AUM and revenues [12][14]. - Despite a slight decline in the US dollar and Indian rupee, the overall foreign exchange effect was neutral year-on-year, with a minor negative impact on AUM [13][16]. Strategic Developments - Amundi's strategic pillars, including technology and third-party distribution, continue to drive organic growth, with Amundi Technology revenues increasing by 46% year-on-year [5][10]. - The partnership with Victory Capital, finalized in April 2025, is expected to enhance Amundi's offerings in US strategies and contribute positively to future results [6][10].

TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- AGF Investments is extending the termination date of AGF Emerging Markets Bond Fund (the “Fund”) to on or about May 26, 2025 (the “Fund Termination Date”) in order to facilitate an orderly wind down of the Fund. AGF Investments previously announced the Fund Termination Date as on or about April 29, 2025. Effective as of the close of business on February 28, 2025, units of the Fund were no longer available for purchase and AGF Investments stopped accepting purchase ...

PHILADELPHIA, April 28, 2025 /PRNewswire/ -- FS Credit Opportunities Corp. (NYSE: FSCO) today announced plans to host a conference call at 9:00 a.m. (Eastern Time) on Tuesday, May 20, 2025, to discuss its first quarter 2025 results. All interested parties are welcome to participate and can access the call by registering using the following URL: https://event.on24.com/wcc/r/4944502/0F14D33D51ABC3F388A47147F073D5AA.Participants are requested to register a day in advance or at a minimum 15 minutes before the s ...

报 告 摘 要 一、美国公募基金市场月度收益 2025年3月，美国股票型基金业绩弱于国际股票基金、债券基金和资产配置基金。 具体 来看，3月美国股票型基金、国际股票型基金、债券型基金、资产配置型基金收益中位 数分别为-5.65%、-1.62%、-0.27%、-2.62%。 二、 美国非货币基金资金流向 三、 头部资管机构资金净流入 四、美国公募基金市场新发产品 2025年3月， 美国基金市场新成立基金共58只，其中包括48只ETF和10只开放式基金产品； 按资产类别区分，2025年3月新成立股票型基金38只、债券型基金8只、资产配置型基金2 只。 2025年3月， 美国股票型基金业绩弱于国际股票基金、债券基金和资产配置基金。 具体来看，3月美国股票型基金、国际股票型基金、债券型基金、资产配置型基金收益中位数 分别为-5.65%、-1.62%、-0.27%、 -2.62%。 按管理方式： 2025年3月，主动管理型基金整体净流出307亿美元，被动基金整体净流入 544亿美元。 按资产类型： 2025年3月， 美国市场开放式基金中，股票型基金资金净流出较多 ，达 582亿美元。 2025年3月， 美国市场ETF中 ...

Core Viewpoint - Lazard Inc. reported first-quarter 2025 adjusted earnings per share of 56 cents, exceeding the Zacks Consensus Estimate of 27 cents, but down from 66 cents per share in the same quarter last year [1][2] Financial Performance - Net income (GAAP) for Lazard was $60.4 million, a significant increase of 68.9% from the prior-year quarter [2] - Quarterly operating revenues were $643.2 million, reflecting a decline of 13.8% year over year, yet surpassing the Zacks Consensus Estimate of $616 million [3] - Operating expenses decreased to $593.4 million, down 16.4% year over year [4] Segment Performance - Financial Advisory segment adjusted operating revenues were $369.5 million, down 17.3% from the previous year [5] - Asset Management segment adjusted operating revenues decreased to $264.5 million, a decline of 4.1% year over year [5] - Corporate segment adjusted operating revenues were $9.1 million, down 61.9% from the year-ago quarter [5] Assets Under Management (AUM) - As of March 31, 2025, total AUM was $227.4 billion, a decrease of 9.2% from the prior-year quarter [6] - The average AUM in the reported quarter was $230.8 billion, down 6.5% year over year [6] Balance Sheet Position - Cash and cash equivalents totaled $908.6 million, down 30.5% from the prior quarter [7] - Stockholders' equity was $648.6 million, a decrease of 5.3% sequentially [7] Share Repurchase Activity - In the reported quarter, Lazard repurchased 0.8 million shares at an average price of $46.73 per share, with approximately $164 million remaining for future repurchases [9] Strategic Outlook - Increased dependence on advisory revenues and continued net outflows are expected to impact top-line growth [10] - Innovative investment strategies and cost mitigation initiatives are anticipated to support profitability [10]

不少投资者正密切关注城投融资项目是否会在时隔多年后迎来兑付方案的转机。 近日，多位个人投资者通过"21爆料通"投诉平台向记者反映，长安财富资产管理有限公司（简称"长安 资产"）旗下一款原定于2019年到期的资管产品至今未能完成兑付。 21世纪经济报道记者余纪昕、杨梦雪 上海报道 该产品为长安资产发行的特定多个客户专项资产管理计划——长安资产-黔中安顺3号专项资产管理计划 （以下简称"黔中安顺3号"）。投资者提供的相关文件显示，该产品资产托管人长安财富资产管理有限 公司，代销机构北京中天嘉华基金销售有限公司，资产托管人杭州银行，资管计划期限24个月，投资起 始日2017年9月11日。投资人表示，这款投资起始于2017年的黔中安顺3号项目，原本应该在2019年到期 并兑付债务本息，然而截至发稿，逾期5年多的时间过去，兑付情况进展仍不甚乐观。 该项目的发行方长安资产成立于2012年，是中国证券监督管理委员会批准设立的第四家基金管理公司子 公司，也是华东地区第一家基金管理公司子公司。官网信息显示，长安资产由长安基金管理有限公司持 股80%，为其控股股东。长安基金股东包括长安国际信托（持股29.63%）、上海景林投资（ ...

Core Insights - The report focuses on the performance of mixed and equity public financial products in Q1 2025, highlighting their respective net value growth rates and market trends [1][5]. Mixed and Equity Products Performance - Mixed public financial products had an average net value growth rate of 0.66% in Q1 2025, slightly higher than fixed-income products at 0.53% [9]. - Equity public financial products outperformed, with an average net value growth rate of 2.81% in Q1 2025, particularly those targeting specific industries or sectors [5][9]. - The top-performing equity product was "Huaxia Financial Tiangong Day Open Financial Product No. 8 (Precious Metals Index)" with a net value growth rate of 15.96%, benefiting from an 18.79% increase in the underlying precious metals index [5][6]. Notable Products and Their Returns - Six equity products achieved net value growth rates exceeding 7%, with two surpassing 10% [5]. - The second-best performing equity product was "Huaxia Financial Tiangong Day Open Financial Product No. 2 (Digital Infrastructure Index)" with a growth rate of 10.01% [5]. - The top three mixed products included "Xingyin Financial Fuli Xingcheng Alpha Day Open No. 1" at 10.78%, "Xingyin Financial Ruiying Preferred Balanced No. 10" at 8.35%, and "Xinghe Huijing No. 1" at 7.89% [9]. Market Trends - The A-share market exhibited a mixed performance in Q1 2025, with the Shanghai Composite Index slightly declining by 0.48%, while smaller indices like the CSI 500 and CSI 1000 showed gains of 2.31% and 4.51%, respectively [4][5]. - The trend indicated a clear outperformance of small-cap stocks compared to large-cap stocks during this period [5].

Core Viewpoint - The management company UAB "LORDS LB ASSET MANAGEMENT" is convening an extraordinary general meeting for UAB "Atsinaujinančios energetikos investicijos" to discuss extending the operational term and approving a new bond program [1] Group 1 - The extraordinary general meeting is scheduled for May 16, 2025 [1] - The proposal includes extending the Company's operational term by 2 years [1] - A new bond program with a fixed annual interest rate of 5-10% for a term of up to 2.5 years is planned, contingent on favorable market conditions [1]