T. Rowe Price Launches Innovation-Focused ETFETF Trends is now VettaFi. Read More --T. Rowe Price has added yet another fund to its growing suite of active ETFs. The firm launched its new innovation-focused ETF, TNXT, on the NASDAQ exchange today. TNXT, the T. Rowe Price Innovation Leaders ETF, brings the firm's suite to a total of 31 active ETFs, with 21 in equities and 10 in fixed income. The company managed some $1.78 trillion in client assets as of December 31, according to a press release.See more: [Th ...

Fund had marked investments as full-valued as recently as November, before disclosing a 19% decline last week. ...

Core Viewpoint - Ledgewood Wealth Advisors, LLC has increased its position in the Invesco BulletShares 2027 Corporate Bond ETF by purchasing 204,172 shares for an estimated value of $4.03 million, reflecting a strategic investment in a bond ETF amid changing market conditions [1][2]. Investment Details - The purchase of 204,172 shares of the Invesco BulletShares 2027 Corporate Bond ETF was disclosed in a filing with the U.S. Securities and Exchange Commission on January 15, 2026, with the transaction value based on the average closing price for the fourth quarter [2]. - The stake's quarter-end value increased by $4 million, influenced by both the purchase and movements in the bond ETF price [2]. ETF Overview - As of January 15, 2026, the Invesco BulletShares 2027 Corporate Bond ETF was priced at $19.75, with a 1-year total return of 5.7%, trailing the S&P 500 by 12.5 percentage points [6]. - The ETF offers a dividend yield of 4.3% and was 0.3% below its 52-week high as of January 16, 2026 [6]. Investment Strategy - The ETF targets U.S. dollar-denominated investment-grade corporate bonds maturing in 2027, aiming to provide defined maturity exposure and predictable income [7]. - It consists primarily of a diversified portfolio of high-quality corporate bonds, with at least 80% of assets invested in securities matching the fund's maturity profile [7]. Market Context - Institutional investors have been adjusting their bond ETF allocations in response to changing interest rates and Federal Reserve policy, with expectations of lower interest rates in 2026 as inflation cools and economic conditions improve [9].

For the quarter ended December 2025, Blackstone Inc. (BX) reported revenue of $3.94 billion, down 5.1% over the same period last year. EPS came in at $1.75, compared to $1.69 in the year-ago quarter.The reported revenue represents a surprise of +8.55% over the Zacks Consensus Estimate of $3.63 billion. With the consensus EPS estimate being $1.52, the EPS surprise was +15.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Asset managers BlackRock and Partners Group have teamed up on three private market SMAs aimed at private wealth clients. The SMAs will invest in multiple alternative asset classes through seven evergreen funds managed by BlackRock, Partners Group and HPS. The SMAs, available through the Morgan Stanley wealth platform, will provide individual investors with exposure to private equity, private cr ...

Core Viewpoint - Ares Management Corporation has facilitated $1.6 billion in debt financing for the merger of Suave Brands Company and Elida Beauty, resulting in the formation of a new entity named Evermark, which includes several personal healthcare brands [1][2]. Group 1: Financing and Merger Details - Ares Management's credit platform acted as the administrative agent for the $1.6 billion debt financing related to the merger [1]. - The newly formed company, Evermark, will encompass personal healthcare brands such as Suave, Pond's, Caress, St. Ives, Noxzema, and TIGI [1]. Group 2: Statements from Key Executives - Karen De Castro, a partner at Ares Credit, expressed satisfaction in leading the financing for Evermark, highlighting the strength of Ares' US Direct Lending platform and its consumer vertical [2]. - Tad Yanagi from Yellow Wood emphasized that the strategic financing has bolstered the launch of the combined business and will enhance investment in product quality, innovation, and accessibility [2]. Group 3: Ares Management Overview - As of September 30, 2025, Ares Management has over $595 billion in assets under management, providing primary and secondary investment solutions across various asset classes including credit, real estate, private equity, and infrastructure [2].

Core Insights - Rithm Capital Corp. (RITM) is scheduled to report its fourth-quarter 2025 results on February 3, 2026, with earnings expected at 54 cents per share and revenues of $1.37 billion [1] Earnings Estimates - The fourth-quarter earnings estimate has decreased by 3 cents over the past 60 days, indicating a 10% decline from the previous year [2] - The Zacks Consensus Estimate for quarterly revenues suggests a year-over-year fall of 34.9% [2] - For the full year 2025, the revenue estimate is $4.46 billion, reflecting a decrease of 14.8% year-over-year, while the EPS estimate is $2.14, indicating a 1.9% growth [3] Performance History - Rithm Capital has beaten the consensus estimate in three of the last four quarters, with an average surprise of 13.7% [4] Earnings Whispers - The model does not predict an earnings beat for RITM this time, as it has an Earnings ESP of 0.00% and a Zacks Rank of 3 [5] Revenue Breakdown - The total asset management revenues are estimated at $277 million, a 3.2% increase year-over-year [6] - Net servicing revenues are projected to decline by 62.6% year-over-year, significantly impacting quarterly revenues [8] - The Origination & Servicing pre-tax income is expected to drop by 48.1%, despite gains from the Newrez business [6][9] Interest Income and Other Revenues - The Zacks Consensus Estimate for fourth-quarter interest income indicates a 0.6% year-over-year decline, while other revenues are expected to decline by 17.3% [8] Competitive Landscape - While an earnings beat for Rithm Capital appears uncertain, companies like Cboe Global Markets, Credicorp Ltd., and Brookfield Asset Management are highlighted as having favorable conditions for potential earnings beats [10][11][12][13]

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...

Core Insights - Northern Trust Asset Management has appointed Gijsbert de Lange as chief innovation strategist to enhance innovation within its investment team [1][3] - The firm aims to integrate advanced AI technologies and cutting-edge research into its investment strategies, including equity, fixed income, and multi-asset approaches [2][3] - This appointment reflects Northern Trust's commitment to innovation as a key driver of its investment philosophy and client solutions [3] Company Overview - Northern Trust Asset Management manages US$1.4 trillion in assets as of September 30, 2025, and focuses on helping investors navigate changing market environments [5] - The firm has recently launched innovative investment solutions, including new distributing ladder ETFs and tax-aware long/short equity strategies [3] - Northern Trust Corporation, founded in 1889, has a global presence with assets under custody/administration of US$18.2 trillion and assets under management of US$1.8 trillion as of September 30, 2025 [7]

Core Insights - Blackstone's fourth-quarter 2025 distributable earnings per share (EPS) reached $1.75, exceeding the Zacks Consensus Estimate of $1.52, marking a 4% increase from the previous year [1][8] - The company's net income attributable to Blackstone was $1.02 billion, a significant 44% increase year-over-year [1] - For the full year 2025, distributable EPS was $5.57, surpassing the consensus estimate of $5.34 and reflecting a 20% year-over-year growth [2] Financial Performance - Total segment revenues for Q4 2025 were $3.94 billion, down 4% year-over-year but above the Zacks Consensus Estimate of $3.61 billion [3] - On a GAAP basis, revenues were reported at $4.36 billion, a 41% increase [3] - Total expenses on a GAAP basis surged 42% year-over-year to $2.12 billion [3] Assets Under Management (AUM) - As of December 31, 2025, fee-earning AUM grew 11% year-over-year to $921.7 billion, with total AUM reaching a record $1.27 trillion, up 13% [5][8] - The increase in total AUM was primarily driven by $71.5 billion in inflows during the reported quarter [5] Cash and Investments - Blackstone reported $11.3 billion in total cash, cash equivalents, and corporate treasury investments, alongside $20.9 billion in cash and net investments as of December 31, 2025 [4] - The company has a $4.3 billion credit revolver available for use [4] Share Repurchase Activity - During the reported quarter, Blackstone repurchased 0.2 million shares, with $1.7 billion worth of buyback authorization remaining as of December 31, 2025 [6] Market Position and Outlook - Blackstone is positioned for continued top-line growth, supported by rising AUM and strong fundraising capabilities [7] - However, high expenses and a challenging operating environment may impact profitability in the near term [7]