Corporate News - Moody's Ratings has upgraded SoftBank Group Corp.'s debt outlook to positive from stable, affirming its Ba3 corporate family rating due to improved credit fundamentals, including a reduction in market value-based leverage to approximately 26% as of September 2024, down from 41% a year prior [3][8] - SoftBank has expressed strong disagreement with Moody's rating, considering it unsolicited and is exploring legal options to address what it views as potentially misleading information for investors [3][8] - PwC UK is cutting around 175 auditor jobs and implementing lower pay increases for its staff due to a sharp slowdown in revenue growth, with broader job cuts affecting approximately 1,800 positions across its U.S. operations anticipated in late 2024 [4][8] Economic Policy - German Chancellor Friedrich Merz emphasized the urgent need for pension system reforms in response to changing demographics, with projections indicating a significant imbalance by 2036 as 19.5 million baby boomers retire against only 12.5 million new workers entering the labor market [5][6] - Proposed reforms include encouraging private savings, potentially raising the statutory retirement age, and discouraging early retirement to mitigate future labor shortages [5] - Chancellor Merz announced plans to seek new trade partners outside the trans-Atlantic region, highlighting opportunities in South America, Asia, and Africa, while also expressing a desire to revive talks on a trans-Atlantic free trade agreement with zero percent tariffs [6] Central Bank Policy - European Central Bank (ECB) Vice President Luis de Guindos stated that the ECB is maintaining a flexible stance on interest rates, keeping all options open due to ongoing uncertainty in the global economic landscape [9] - De Guindos noted a "remarkable services inflation deceleration" but observed that consumption as a driver of growth has not materialized, with expected growth for the second and third quarters being "almost flat" [9]

Core Insights - Infrastructure Capital Advisors is a prominent provider of investment management solutions tailored for income-focused investors [1] - Jay Hatfield serves as the CEO and CIO, leading the investment team and managing multiple ETFs [1] - The company is frequently featured in major financial media outlets, enhancing its visibility and credibility in the market [1] Company Overview - Infrastructure Capital manages a range of investment products including the InfraCap Small Cap Income ETF, InfraCap Equity Income Fund ETF, InfraCap MLP ETF, Virtus InfraCap U.S. Preferred Stock ETF, and InfraCap REIT Preferred ETF [1] - The firm also oversees a series of private accounts, indicating a diverse investment strategy [1] Research and Educational Efforts - Infrastructure Capital publishes a monthly market and economic report, quarterly commentaries, and various research materials on asset classes and investment strategies [1] - The company conducts monthly webinars and participates in industry conferences to provide educational resources for investors [1]

Portfolio Manager, financial analyst, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog:www.jugglingdynamite.com Danielle worked as an attorney until 1997 when she was recruited to work for an international securities firm. A Chartered Financial Analyst (CFA), she now helps to manage millions ...

Core Insights - The US Securities and Exchange Commission (SEC) is developing "generic listing standards" for crypto exchange-traded products (ETPs), which could facilitate the automatic launch of new crypto ETFs if they meet basic requirements [1][5] - This regulatory shift is seen as a significant moment for the crypto industry, indicating its maturation and potential for substantial inflows into new funds [2][7] Group 1: Market Impact - The introduction of generic listing standards could lead to a dramatic increase in the number of crypto ETFs launched, similar to the effect seen in the stock and bond ETF markets after the SEC implemented generic standards in 2019, where annual launches rose from an average of 117 to over 370 [6] - Spot Bitcoin ETFs have demonstrated the viability of crypto ETFs, with 11 providers accumulating approximately 1.3 million Bitcoin valued at about $149 billion, representing around 6% of the total Bitcoin supply [2] Group 2: Future Prospects - Ethereum ETFs have recently gained traction, attracting hundreds of millions in investments, which has heightened investor interest in upcoming products linked to other cryptocurrencies like XRP and Solana [3] - The SEC's proposed criteria for approving crypto ETFs will require an existing futures contract for the underlying asset to be traded on a regulated US futures exchange, which is still under development [5] Group 3: Regulatory Environment - The SEC's cautious approach to approving new crypto ETFs has historically involved lengthy processes, with decisions taking up to 240 days, but the new standards aim to reduce this timeframe to 75 days or fewer for compliant ETFs [4][5] - The SEC's shift towards a more pro-crypto stance, as indicated by SEC Chair Paul Atkins' commitment to a deregulatory approach, aligns with the broader trend of increasing acceptance of cryptocurrencies in the regulatory landscape [7]

Core Insights - State Street Investment Management has entered into a multi-year partnership with the Women's National Basketball Association (WNBA), becoming the official investment management and exchange-traded fund (ETF) partner of the league [1] Group 1 - The partnership aims to align with the shared vision of both organizations, emphasizing the importance of believing in and investing in the future [1] - The SPY ETF will be highlighted as part of this collaboration, showcasing State Street's commitment to the WNBA [1]

Core Insights - SEI and Mentenova have formed a strategic partnership to provide innovative global investment solutions tailored for South African investors [1][2] - The collaboration combines SEI's quantitative investment strategies with Mentenova's expertise in portfolio construction and manager selection, aiming to enhance investment outcomes [2][3] Company Overview - SEI manages approximately $1.7 trillion in assets as of June 30, 2025, and is recognized as a leading global provider of financial technology, operations, and asset management services [5][6] - Mentenova is an award-winning South African investment management firm with $517.5 billion in assets under management, focusing on bespoke, goals-driven strategies [6][7] Partnership Benefits - The partnership offers a comprehensive perspective on international investment opportunities by combining SEI's global leadership with Mentenova's local market insight [6] - Investors can expect long-term performance through robust active quantitative strategies managed by SEI's QIM team, supported by advanced technology and Mentenova's portfolio expertise [6] - The integrated investment approach allows for seamless alignment of South African and global portfolios under a unified investment philosophy [6]

Core Viewpoint - President Trump's actions are perceived as attempts to limit or eliminate the Federal Reserve's independence, which could lead to weaker economic growth, higher inflation, and increased unemployment [1][2]. Group 1: Federal Reserve Independence - 82% of respondents believe Trump's actions are aimed at limiting the Fed's independence [1] - 41% of economists and strategists think the actions are directly aimed at eliminating the Fed's independence, while another 41% believe they are designed to limit it [2] - A majority (68%) expect upward pressure on inflation due to the president's actions [4] Group 2: Economic Outlook - Respondents forecast a decline in the Fed Funds rate from 4.38% to 3.66% this year, reflecting three quarter-point cuts [7] - The probability of a recession has increased to 40%, with 55% anticipating a moderate recession lasting about 10 months [8] - The growth outlook remains unchanged at 1.5% for 2025, with a rebound to 2% in 2026 [8] Group 3: Tariffs and Inflation - 86% of respondents expect price increases due to tariffs, with half believing substantial increases are forthcoming [9] - The average respondent estimates that 31% of the tariff burden is borne by consumers, contradicting the administration's claims [9] - Tariffs are viewed as the primary threat to economic expansion, followed by uncertainty around the administration's policies [10]

Core Insights - Infrastructure Capital Advisors is a prominent provider of investment management solutions aimed at income-focused investors [1] - Jay Hatfield serves as CEO and CIO, leading the investment team and managing multiple ETFs and private accounts [1] - The firm is frequently featured in major financial media outlets, enhancing its visibility and credibility in the investment community [1] Company Overview - Infrastructure Capital manages a range of investment products including the InfraCap Small Cap Income ETF, InfraCap Equity Income Fund ETF, InfraCap MLP ETF, Virtus InfraCap U.S. Preferred Stock ETF, and InfraCap REIT Preferred ETF [1] - The company publishes a monthly market and economic report, quarterly commentaries, and various research materials to support investors [1] - Infrastructure Capital also engages in educational initiatives through monthly webinars and participation in industry conferences [1]

Core Viewpoint - Cohen & Steers, Inc. announced the resignation of Raja Dakkuri, the Executive Vice President and Chief Financial Officer, effective October 17, 2025, and appointed Michael Donohue as Interim Chief Financial Officer while searching for a permanent successor [1][2]. Group 1: Management Changes - Raja Dakkuri is resigning to pursue another opportunity, and the company expresses gratitude for his contributions [2]. - Michael Donohue, who has been with the company as Senior Vice President and Controller since May 2023, will take over as Interim Chief Financial Officer [2]. - Donohue has prior experience as Managing Director and Corporate Controller at Hamilton Lane, where he played a key role in the firm's IPO in 2017 [2]. Group 2: Company Overview - Cohen & Steers is a global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, and commodities [3]. - The firm was founded in 1986 and is headquartered in New York City, with additional offices in London, Dublin, Hong Kong, Tokyo, and Singapore [3].

MCLEAN, VA / ACCESS Newswire / September 15, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced that it plans to redeem all of its outstanding 5.125% Notes due 2026 (the "2026 Notes") on October 31, 2025 and all of its outstanding 7.75% Notes due 2028 (the "2028 Notes") on October 15, 2025. A notice of redemption will be mailed to all registered holders of the 2026 Notes and the 2028 Notes by U.S. Bank Trust Company, National Association (the "Trustee"), in accordance with th ...