本报讯(记者袁传玺)天眼查工商信息显示，近日，上海交汇银合私募投资基金有限公司成立，注册资本 20亿元，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。股东信息显示，该公司由 交银金融资产投资有限公司、中国银河（601881）资产管理有限责任公司共同持股。 ...

The Conference Board’s Leading Economic Index for the U.S. will also be released today. Economists expect the September figure to drop -0.3% m/m, compared to the previous number of -0.5% m/m.On the economic data front, investors will focus on the U.S. JOLTs Job Openings figures for October, set to be released in a couple of hours. Notably, the October JOLTs report will include figures for September. The report will provide investors with additional insight into the health of the U.S. labor market. Economist ...

Market Overview - U.S. stock futures showed volatility, fluctuating between gains and losses after declines on Monday, with major benchmark indices futures up [1] - The Federal Open Market Committee's two-day meeting is underway, with a focus on a potential rate cut decision expected tomorrow [1] - The 10-year Treasury bond yield is at 4.15%, while the two-year bond yield is at 3.58%, with an 89.4% likelihood of a rate cut in December according to CME Group's FedWatch tool [1] Futures Performance - Dow Jones futures increased by 0.04%, S&P 500 by 0.06%, and Nasdaq 100 by 0.02%, while Russell 2000 decreased by 0.06% [2] - The SPDR S&P 500 ETF Trust (SPY) rose by 0.063% to $684.06, and Invesco QQQ Trust ETF (QQQ) increased by 0.016% to $624.38 in premarket trading [2] Stocks in Focus - Ares Management Corp. (ARES) surged by 8.71% after being announced for inclusion in the S&P 500 index effective December 11 [6] - Nvidia Corp. (NVDA) increased by 1.57% following confirmation from President Trump that NVDA can ship H200 chips to approved customers in China and other countries [6] - Toll Brothers Inc. (TOL) fell by 3.49% after reporting mixed financial results for Q4 of fiscal 2025 [6] - Tesla Inc. (TSLA) declined by 0.94% after Morgan Stanley downgraded it to equal-weight due to high valuation concerns [6] - Paramount Skydance Corp. (PSKY) rose by 1.72% after launching a $30 per share tender offer to acquire Warner Bros. Discovery Inc. (WBD), valuing it at $108.4 billion [13] Economic Insights - The Comerica Economic Weekly report indicates a cooling economy and anticipates a rate reduction of a quarter percentage point at the FOMC's final meeting of the year [10] - The report highlights a weaker job market with a decline in private payrolls and rising job cuts, alongside persistent inflation pressures from food and energy costs [12]

Core Insights - Libeara, a blockchain infrastructure platform backed by Standard Chartered's SC Ventures, has launched a tokenized gold investment fund in Singapore, integrating traditional gold investment with digital technology [1][2] - The fund, in partnership with FundBridge Capital, allows professional investors to gain exposure to gold through blockchain-based tokens that correlate to the spot price of gold, providing a digital alternative to physical gold [2][4] Group 1: Fund Structure and Benefits - The tokenized gold fund, named MG 999, is designed to eliminate traditional costs associated with vaulting and logistics while maintaining price exposure to gold [3][4] - FundBridge emphasizes that the fund structure targets efficiency and regulatory compliance, offering synthetic exposure to gold without holding physical bullion [5][4] Group 2: Market Context and Demand - The launch of the tokenized gold fund coincides with a surge in global gold demand, as central banks increase their bullion reserves amid concerns regarding the US dollar's long-term dominance and geopolitical uncertainties [7] - This initiative reflects a broader trend among established financial institutions to tokenize real-world assets, including precious metals, as blockchain technology gains traction beyond cryptocurrencies [5][6] Group 3: Strategic Expansion - SC Ventures is expanding its digital-assets presence in Asia, holding majority stakes in Zodia Custody and Zodia Markets, which focus on institutional digital-asset services [6] - The launch of the tokenized gold fund underscores how traditional finance players are leveraging their reputation to enter the digital asset sector, which has faced trust issues following industry challenges [6]

Core Insights - Northern Trust announced over 100 asset servicing mandates in key global markets for 2025, representing more than US$385 billion in assets [1] Company Summary - Northern Trust is expanding its asset servicing capabilities with a significant number of new mandates [1] - The total assets involved in these mandates exceed US$385 billion, indicating a strong growth trajectory for the company [1] Industry Summary - The asset management industry is witnessing increased demand for asset servicing solutions, as evidenced by Northern Trust's announcement [1] - The growth in asset servicing mandates reflects broader trends in the financial services sector, highlighting the importance of efficient asset management [1]

Core Insights - First Abu Dhabi Bank (FAB) has signed a Memorandum of Understanding (MoU) with Amundi to enhance its investment management offerings in the Gulf Cooperation Council (GCC) region [1][2] - The partnership aims to provide a diverse range of investment solutions across various client segments, including private, retail banking, and institutional investors [2][3] - This collaboration is expected to strengthen FAB's position as a global bank in the UAE and support Amundi's strategy to expand its presence in high-potential markets like the Middle East [3][5] Group 1 - The MoU will combine the strengths and expertise of FAB and Amundi to deliver tailored financial solutions to investors in the GCC's asset management sector [1][2] - FAB's CEO emphasized that this partnership is a significant step in advancing the bank's investment capabilities and providing best-in-class asset management solutions [2][3] - The collaboration is Amundi's first in the UAE, indicating a strategic move to tap into the region's growing financial market [3][5] Group 2 - In a related development, Moneybox, a UK-based digital wealth management platform, has partnered with Amundi to launch three investment funds targeting pension customers [4] - The funds will leverage Moneybox's customer-centric product design and Amundi's expertise in multi-asset and ETF management, catering to varying risk and return profiles for retirement planning [4]

分组1 - The Federal Reserve is experiencing significant internal division as it begins a two-day policy meeting, with some officials advocating for a rate hold while others warn of the need for caution, potentially leading to a hawkish rate cut [2][4][5] - Markets are anticipating a nearly 90% chance of a rate cut, but the outcome remains uncertain due to differing opinions among Fed officials [4][8] - President Trump has approved the export of Nvidia's H200 AI chips to China, with 25% of sales revenue directed to the US government, indicating a strategic move in the tech sector [2][30] 分组2 - Paramount's CEO has expressed strong opposition to a potential deal with Netflix, arguing it could harm the theatrical movie business in Hollywood, highlighting ongoing tensions in the media industry [3][30] - Paramount has made a $100 billion bid for Warner Brothers Discovery, intensifying competition in the media landscape [2][30] - The Bank of Japan is expected to raise rates, which could influence global monetary policy dynamics, particularly in relation to the Federal Reserve's decisions [10][17] 分组3 - Japanese equities have shown significant growth, with the NIK index rising approximately 16% this year, outperforming major US indices, driven by strong corporate profit growth and investment in technology [23][24] - The Bank of Japan's careful approach to monetary policy normalization is expected to continue, with a potential rate hike anticipated [17][20] - Domestic investors in Japan are beginning to shift funds from US treasuries back into Japanese government bonds as yields rise, indicating a change in investment behavior [27][29]

Core Viewpoint - T. Rowe Price Group, Inc. has shown mixed performance in the asset management sector, with recent financial results indicating growth in revenues and earnings, but significant client outflows and underperformance compared to peers [5][6]. Company Overview - T. Rowe Price Group, Inc. is based in Baltimore, Maryland, and operates as an asset manager, managing equity and fixed income mutual funds with a market cap of $23.3 billion [1][2]. Financial Performance - The company reported Q3 results on Oct. 31, showing a 6% year-over-year increase in net revenues to $1.9 billion, surpassing expectations by 2.3% [5]. - Adjusted EPS grew 9.3% year-over-year to $2.81, exceeding consensus estimates by 10.2% [5]. - Despite these positive results, T. Rowe Price experienced $7.9 billion in net client outflows during the quarter [5]. Stock Performance - T. Rowe's stock reached a 52-week high of $125.04 on Dec. 9, 2024, but is currently trading 16.4% below that peak [3]. - Over the past three months, T. Rowe's stock prices have declined by 3.4%, while the Nasdaq Composite gained 8% [3]. - Year-to-date, T. Rowe's stock has decreased by 7.6%, and over the past 52 weeks, it has declined by 15.6%, contrasting with the Nasdaq's gains of 21.9% in 2025 and 18.6% over the past year [4]. Competitive Position - T. Rowe has underperformed compared to its peer, State Street Corporation, which saw a 26.4% surge in 2025 and 26.1% returns over the past year [6]. - Among 14 analysts covering T. Rowe stock, the consensus rating is a "Hold," with the stock trading slightly below the mean price target of $107.69 [6].

浙商汇金锦利增强30天持有期债券A/C成立于2025年9月19日。 | 基金名称 | 浙商汇金锦利增强30天持有期债券型证券投资 | | --- | --- | | | 基金 | | 基金简称 | 浙商汇金锦利增强30天持有期债券 | | 基金主代码 | 024102 | | 基金管理人名称 | 浙江浙商证券资产管理有限公司 | | 公告依据 | 《公开募集证券投资基金信息披露管理办法》 | | 基金经理变更类型 | 解聘基金经理 | | 共同管理本基金的其他基 | 李松 | | 金经理姓名 | | | 离任基金经理姓名 | 蔡玮書 | 中国经济网北京12月9日讯今日，浙商证券（601878）资管公告，蔡玮菁离任浙商汇金锦利增强30天持 有期债券。 蔡玮菁历任浦东发展银行股份有限公司资金总部交易员、太平养老保险股份有限公司投资管理中心投资 经理、国投瑞银基金管理有限公司固定收益部副总监兼基金经理。2021年5月加入浙江浙商证券资产管 理有限公司，现任公司公募固定收益投资部行政负责人。 ...

Core Insights - U.S. indices are near all-time highs, creating market uncertainty, prompting investors to seek alternatives like AllianceBernstein [1] Investment Strategy - A hybrid investment strategy combining classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds can enhance income while achieving total returns comparable to traditional index funds [1]