Core Insights - Apollo has appointed Yasuo Kashiwagi as Head of Japan to enhance its role in providing flexible private capital solutions in the Japanese market [1][3] - The firm has been active in Asia Pacific for nearly two decades, with a dedicated Tokyo office established in 2019, and has expanded its local team to over 30 professionals [2][3] - The appointment of Kashiwagi is aimed at driving Apollo's strategic growth in Japan, focusing on deepening institutional and regulatory relationships [3][4] Company Strategy - Apollo's strategy in Japan is to provide tailored capital solutions that align with the long-term needs of institutions and corporates, particularly in light of Japan's demographic challenges [4] - The firm aims to build trusted relationships and deliver scalable, flexible capital to address urgent demands for retirement income solutions [4] - Kashiwagi's leadership is expected to enhance Apollo's integrated platform, which manages approximately $20 billion in assets in Japan, offering a full suite of investment strategies [4][5] Market Position - The Japanese market presents long-term structural trends that align with Apollo's strengths, as institutions increasingly seek private capital for financing and partnerships [4] - Apollo's recent activities in Japan include expanding its wealth management, credit, and hybrid businesses, as well as forming new partnerships to enhance lending and retirement offerings [4] - As of June 30, 2025, Apollo manages $840 billion in assets globally, indicating its significant presence and growth potential in the alternative asset management sector [5]

Core Viewpoint - The market is experiencing a rotation from technology stocks to defensive sectors, and there is potential for a shift from debt securities to precious metals, particularly gold, due to anticipated interest rate cuts by the Federal Reserve [1][2][3]. Market Reactions - Following Federal Reserve Chair Jerome Powell's speech, the S&P 500 rose by 1.52%, nearing its all-time high, while gold prices are expected to rise as investors move away from fixed income assets [2][3]. Gold Market Dynamics - Gold has been trading between $3,500 and $3,180 since reaching a record high in April, with expectations of a bullish trend as the Federal Reserve revises its monetary policy [4][5]. - The U.S. dollar has weakened by 10.69% from its year-to-date high of $109.98 to $98.22, which historically correlates with rising gold prices [5][6]. Geopolitical Factors - Ongoing geopolitical tensions, including stalled peace talks between the U.S. and Russia regarding Ukraine and military actions in Gaza, are expected to increase demand for safe-haven assets like gold [6]. Price Forecasts - UBS Group has raised its gold price target to $3,600, citing macroeconomic risks and strong investment demand for gold ETFs and central banks [7]. Gold-Backed ETFs Overview - **SPDR Gold Trust (GLD)**: The largest gold ETF with $102.72 billion in assets under management (AUM), has gained nearly 597% since inception [9][10]. - **iShares Gold Trust (IAU)**: Smaller than GLD with $48.41 billion in AUM, has outperformed GLD with a gain of over 648% since inception [13][14]. - **SPDR Gold MiniShares Trust (GLDM)**: Newer ETF with $16.3 billion in AUM, has gained nearly 168% since launch, offering the lowest expense ratio at 0.01% [15][16].

The iShares Russell 1000 Value ETF ( IWD ) , launched on 05/22/2000 by BlackRock, Inc. and managed by BlackRock Fund Advisors, provides exposure to large- and mid-cap equities that exhibit value characteristics. It manages ~$63 billion and charges anI began learning about markets when I was 19. Today, my trading is informed by macro insights and technical indicators.When I'm neither working on my next article nor reading about macro and markets, I either run, cycle, or lift (probably thinking about macro an ...

Core Viewpoint - eQ Plc's CEO, Jouko Pölönen, has accepted a stock option transaction involving 100,000 units at a unit price of 0 EUR, marking an initial notification of this transaction [1]. Company Overview - eQ Group is a Finnish company specializing in asset management and corporate finance, managing approximately EUR 13.5 billion in assets [1]. - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and individuals [1]. - Advium Corporate Finance, a subsidiary of eQ Group, offers services related to mergers and acquisitions, real estate transactions, and equity capital markets [1].

Making its debut on 03/15/2022, smart beta exchange traded fund Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV) provides investors broad exposure to the Global Large-Cap Blend Equity ETF category of the market.What Are Smart Beta ETFs?The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Investors who believe in market efficiency should consider market cap indexes, as they replicate mar ...

融合结构化产品优势与 VCC 基金便利性 旨在追求低波动、稳定的长期类股权回报费用结构透明，且与投资者利益一致专业管理市场风险与产品生命周期，同时提供月度流动性 新加坡, Sept. 01, 2025 (GLOBE NEWSWIRE) -- 领先的区域性多家族办公室及资产管理公司 ICH Asset Management (ICHAM) 今日宣布推出 ICHAM Defined Growth Fund（设定增长基金）。这是亚洲首支专注于自动赎回结构化产品的开放式基金，仅面向合格投资者与机构投资者开放。 该基金旨在作为多元化股票投资组合的补充，力求实现以美元计价约 9% 至 10% 的年化资本增值目标，同时其波动性和市场贝塔值均低于全球公开股票。 ICHAM Defined Growth Fund 采用新加坡可变资本公司 (Variable Capital Company，VCC) 开放式子基金结构，结合自动赎回投资产品的高回报潜力与下行风险管理特性，同时提供持续的风险监控、透明的费用结构以及月度流动性。 该基金将自动赎回/到期投资的票息和收益进行再投资，并提供美元及新加坡元对冲份额类别。 ICHAM 首席执行 ...

本报记者 王宁 华泰证券半年报也表示，上半年公募基金公司坚持合规管理与业务发展并重，持续增强产品创新和业务 创新能力，强化特色产品前瞻布局，积极构建以AI（人工智能）技术重塑业务的赋能模式，完善全流 程服务体系，不断提升跨周期、多元化的综合资产配置能力，资产管理总规模保持增长。 据了解，部分头部公司在加强投研能力建设的同时，也积极提升自身的数字化运营能力。华泰证券半年 报表示，年内南方基金持续拓展、优化产品布局和业务体系，积极打造以数智化、平台化为支撑的价值 创造能力。截至报告期末，该基金管理资产规模增至2.59万亿元，其中公募业务管理资产规模为1.38万 亿元。 业绩分化明显 整体来看，上半年，公募基金行业呈现出头部效应突出、首尾业绩分化明显等态势。 数据显示，除上述11家盈利超过1亿元的公募机构外，包括创金合信基金、财通基金、长信基金、兴银 基金、东方基金、长盛基金等在内的8家公募机构，上半年实现净利润在2000万元至1亿元之间。另有华 西基金、浙商基金、江信基金等5家公司出现亏损，其中有3家公司亏损均超千万元。 Wind资讯统计显示，截至8月31日记者发稿，已有24家公募机构公布了2025年上半年业绩情 ...

J P M O R G A N Global Markets Strategy 28 August 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. Flows & Liquidity Who drove the recent rally in Chinese equities? Cross Asset Fund Flow Monitor Current level shows the latest percentile of weekly flows; ...

Ackman made a couple of big moves in Pershing Square's portfolio.Bill Ackman is one of the most closely followed investment managers on Wall Street. His Pershing Square Capital Management hedge fund holds just a handful of high-conviction positions, and he typically holds those positions for the long run.Ackman is often forthcoming with the biggest moves in his portfolio. He'll usually disclose new trades through his social media accounts or monthly updates to his hedge fund investors. But Pershing Square's ...

头部公募业绩纷纷企稳，申万宏源披露2025年半年报显示，富国基金实现营业收入33.3亿元，同比上升 14.09%，实现净利润7.74亿元，同比上升19.46%。截至今年6月底，公司资产管理总规模超1.7万亿元， 公募基金规模逾1.1万亿元。 ...