MILWAUKEE, July 29, 2025 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) (the “Company” or “Artisan Partners”) today reported its results for the three and six months ended June 30, 2025, and declared a quarterly dividend. The full June 2025 quarter earnings release and investor presentation can be viewed at www.apam.com. Conference Call The Company will host a conference call on July 30, 2025, at 1:00 p.m. (Eastern Time) to discuss its results for the three and six months ended June ...

The following analysis reviews the top 10 of 16 taxable closed-end funds [CEFS] offered by Eaton Vance. As an investor, I own many of these funds and have had a good experience. In fact, now that I understand them better, I want to expand my ownership. Therefore, I decidedDavid A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alterna ...

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Financial Data and Key Metrics Changes - Adjusted non-GAAP earnings for Q2 2025 were $469 million, or $2.7 per share, representing an 18% increase in EPS compared to 2024 [5][6] - Reported non-GAAP operating earnings were $489 million, up 27% year over year, with EPS at $2.16, a 33% increase [15][16] - Total company managed AUM reached $753 billion, a 5% increase sequentially and an 8% increase year over year [7][11] - Net cash flow was negative $2.6 billion for the quarter, but showed improvement sequentially [7][11] Business Line Data and Key Metrics Changes - In Retirement, overall RIS sales were $6 billion, a 7% year-over-year increase, driven by Workplace Savings and Retirement Solutions [9][10] - Principal Asset Management AUM increased to $723 billion, a 5% sequential increase, with sales of $33 billion, up 19% year over year [11][12] - Specialty Benefits saw a 10% growth in earnings, with a margin expansion of 100 basis points [12][21] - Life Insurance premium fees increased by 5% compared to 2024, driven by strong business market growth [22] Market Data and Key Metrics Changes - The market drop in April affected daily averages, impacting second quarter fee revenue, but a strong rebound in May and June provided positive momentum [6][7] - International Pension net revenue was impacted by foreign currency, but increased by 2% on a constant currency basis [20] Company Strategy and Development Direction - The company remains focused on disciplined expense management while investing for growth, aiming to align revenue and expenses effectively [29][31] - Continued emphasis on capital return targets, with $320 million returned to shareholders in Q2, including $150 million in share repurchases [6][24] - The company is committed to maintaining a strong capital position and expects to deliver on full-year capital return targets of $1.4 billion to $1.7 billion [24][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the second half of the year, expecting full-year results to align with 2025 outlook and financial targets [7][8] - The company anticipates improved results in the latter half of 2025, particularly in investment management and performance fees [48][49] - Management acknowledged the competitive environment in pension risk transfer (PRT) but remains optimistic about achieving targeted returns [40][42] Other Important Information - The company was recognized for its leadership in disability inclusion and AI application in financial services [13] - A $0.78 common stock dividend was announced for Q3, reflecting an 8% increase over the previous year [26] Q&A Session Summary Question: Overall expense levels and future focus - Management confirmed a continued focus on aligning expenses with revenue while maintaining investments in the business [29][31] Question: Spread balances within RIS - Management noted that investment-only issuance and PRT sales were moderate, emphasizing a disciplined approach to prioritizing returns over volume [34][38] Question: Competitive environment in PRT - Management acknowledged increased competition but remains optimistic about converting existing DB clients into PRT opportunities [40][42] Question: Variable investment income experience - Management indicated improved performance in variable investment income, with expectations for better results in the latter half of 2025 [47][49] Question: Dental business outlook - Management highlighted competitive pricing and renewal rates, with expectations for improved sales in the second half of the year [84][88]

Financial Performance - The company's non-GAAP operating earnings were $489 million, a 27% increase compared to Q2 2024[3] - Non-GAAP EPS reached $2.16, up 33% from Q2 2024[3] - Investment Management revenue increased 6% over 2Q24, with operating margin improving 250 bps to 36%[2] - Specialty Benefits incurred loss ratio improved 130 basis points from 2Q24[2] Capital Management - The company returned $320 million of excess capital to shareholders, including $150 million in share repurchases and $170 million in common stock dividends during 2Q25[2, 4] - The common stock dividend was raised to $0.78 for 3Q25, an 8% increase from both 3Q24 and TTM[2] - Excess and available capital position stands at $1.4 billion[2, 3] Business Segment Highlights - Retirement and Income Solutions (RIS) saw pre-tax operating earnings increase by 8%[9] - Principal Asset Management's AUM increased to $723 billion, up 8% year-over-year[18] - Life Insurance premium and fees growth of 5% over 2Q24 driven by 17% growth in the business market segment[2] Investment Performance - 56% of fund-level AUM has a 4 or 5-star rating from Morningstar[26]

ZOOZ to become the first Nasdaq and TASE dual-listed company to hold Bitcoin in its treasury The Board of Directors of the Company has approved the new strategy, which provides investors with exposure to Bitcoin Jordan Fried to become CEO to lead the first Israeli digital asset treasury strategy Largest offering by a Non-US Listed Company to launch a digital asset treasury strategy TEL AVIV, Israel, July 29, 2025 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (Nasdaq and TASE: ZOOZ) (“ZOOZ” or the “Company”) today an ...

又一家公募宣布将终止旗下APP运营。近日，平安基金管理有限公司（以下简称"平安基金"）发布公告称，将于8 月31日正式停止旗下"平安基金"移动客户端的运营及维护服务。投资者需迁移至公司官方网站或微信服务号办理 业务。 这一决策成为继国寿安保、前海开源等机构后，又一中型公募退出移动端直销业务的案例。 业务迁移，平安基金APP将于下月停运 根据公告，平安基金将于8月31日将"平安基金"APP移动客户端（含安卓客户端和IOS客户端，以下简称"APP"） 的功能及服务正式迁移至公司官方网站和"平安基金"微信服务号。届时，该公司将暂停APP的运营及维护服务， 如有恢复运营计划，将另行通知。 平安基金表示，APP停止运营后，投资者可以登录公司官方网站或在微信内搜索"平安基金"微信服务号，使用 APP同一账户信息，办理基金开户、交易和查询等相关业务。投资者如有疑问，可拨打客服热线400-800-4800咨 询，人工服务时间为工作日9：00至17：00。 值得关注的是，平安基金并非首家关停APP的中型公募。南都·湾财社记者梳理发现，自2023年起，公募行业已掀 起一轮线上直销平台"关停潮"，这一趋势从百亿级小公募蔓延至千亿级 ...

Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries acro ...

(US GAAP) Consolidated Results of Operations First quarter, year ending March 2026 July 2025 Nomura Holdings, Inc. © Nomura Outline Presentation Financial Supplement 1 ◼ Executive summary (p. 2) ◼ Overview of results (p. 3) ◼ Business segment results (p. 4) ◼ Wealth Management (p. 5-7) ◼ Investment Management (p. 8-9) ◼ Wholesale (p. 10-12) ◼ Banking (p. 13) ◼ Non-interest expenses (p. 14) ◼ Robust financial position (p. 15) ◼ Consolidated balance sheet (p. 17) ◼ Value at risk (p. 18) ◼ Consolidated financi ...

CMBI Credit Commentary Fixed Income Daily Market Update 固定收益部市场日报 The Asset Asian G3 Bond Benchmark Review 2025 We hope you found our commentaries and ideas helpful. We seek to elevate our efforts and value-add further in the coming year. We highly appreciate your support to us in Sell-Side Analysts of the polls of "The Asset Asian G3 Bond Benchmark Review 2025". Thank you for your support! Trading desk comments 交易台市场观点 Yesterday, in KR, LGENSO 26-35s were another 2-5bps tighter. In Chinese IGs, BABA 31/MEI ...