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T. Rowe Price sees rise in AUM as of September-end (TROW:NASDAQ)
Seeking Alpha· 2025-10-10 12:53
T. Rowe Price Group (NASDAQ:TROW) announced on Friday preliminary September-end assets under management of $1.77T, compared to $1.73T at the end of August. By asset class, Equity had an AUM of $885B; Fixed income, including money market, of $208B; Multi-asset of $618B; and Alternatives of $56B. ...
What You Need to Know Ahead of Invesco's Earnings Release
Yahoo Finance· 2025-10-09 12:38
Invesco Ltd. (IVZ), headquartered in Atlanta, Georgia, is a publicly owned investment manager. Valued at $10.7 billion by market cap, the company offers equity, fixed income, separate accounts, exchange-traded, collective, and balance mutual funds. The aerospace and defense giant is expected to announce its fiscal third-quarter earnings for 2025 before the market opens on Tuesday, Oct. 28. Ahead of the event, analysts expect IVZ to report a profit of $0.46 per share on a diluted basis, up 4.6% from $0.44 ...
How Is Franklin Resources' Stock Performance Compared to Other Financial Stocks?
Yahoo Finance· 2025-09-24 08:56
Core Insights - Franklin Resources, Inc. (BEN) is a global investment management firm with a market cap of $12.6 billion, managing over $1.6 trillion in assets across various investment strategies [1][2] Company Overview - BEN operates in over 150 countries and is classified as a large-cap stock due to its market capitalization exceeding $10 billion [2] - The company has a diverse asset management portfolio, including equity, fixed income, and alternative investments, with 30% of its assets managed internationally, providing resilience against regional market fluctuations [2] Stock Performance - BEN's stock has experienced a decline of 7.9% from its 52-week high of $26.08, reached on August 13, while gaining 5% over the past three months, underperforming the Financial Select Sector SPDR Fund (XLF) which gained 5.8% [3] - Year-to-date, BEN shares rose 18.4%, outperforming XLF's 11.2% gains, but over the past 52 weeks, BEN's stock climbed 15.8%, underperforming XLF's 18.3% returns [4] Financial Performance - In Q3, BEN's performance exceeded expectations despite a 2.8% year-over-year decline in operating revenue, primarily due to lower investment management fees; however, revenue surpassed consensus estimates by 3% [5] - The adjusted EPS for the quarter was $0.49, reflecting an 18.3% decline from the previous year, although it beat analyst expectations [5] - A significant decline in operating margin impacted profitability, which may have contributed to a muted investor response [5]
X @TechCrunch
TechCrunch· 2025-09-19 18:02
We get it, it seems like every single podcast you love is now on video. And guess what…so is TechCrunch's flagship podcast Equity. https://t.co/qvz77Qicfs ...
India Inc turns to non-bank routes for nearly half of FY25 funding
The Economic Times· 2025-09-17 00:05
Core Insights - The total flow of financial resources to the corporate sector increased to ₹35 lakh crore in FY25, reflecting a 3% rise from the previous year, but indicating a shift away from traditional bank credit, which suggests a broader economic slowdown [1][10] Funding Composition - Nearly 49% of the total resources raised, amounting to ₹17.1 lakh crore, came from non-bank channels, including corporate bonds, NBFC loans, equity issuances, and foreign direct investment [2][10] - Demand for bank credit declined by 14% to ₹17.9 lakh crore, highlighting a significant shift in funding sources [10] Equity Market Performance - Non-financial corporates raised ₹3.8 lakh crore through equity in FY25, marking a substantial increase of 188% compared to the previous year, driven by strong equity market performance [2][10] Lending Trends - The slowdown in bank credit may be attributed to cautious lending practices towards NBFCs and unsecured retail segments, as well as a high base effect from FY24 when bank credit surged by 20% [6][10] - NBFCs and financial institutions increased their lending to corporates, disbursing ₹6.1 lakh crore, which is a 20% rise [6][10] - Borrowings through corporate bonds and commercial papers by non-bank entities rose by 15% to ₹2.1 lakh crore [6][10] Internal Funding Sources - The increased use of internal accruals for business expansion has contributed to the decline in bank credit, as profitability among large corporates has improved [8][10] Policy Response - To stimulate credit demand, the Reserve Bank of India (RBI) has reduced policy rates by 100 basis points since February, following a two-year pause, and ensured ample liquidity in the banking system [9][10]
India Inc turned to non-bank routes for nearly half of FY25 funding
The Economic Times· 2025-09-16 19:23
Core Insights - The total flow of financial resources to the corporate sector increased to Rs 35 lakh crore in FY25, reflecting a 3% rise from the previous year, but indicates a shift away from traditional bank credit [1][5] - Nearly 49% of the total funding, amounting to Rs 17.1 lakh crore, was sourced from non-bank channels, including corporate bonds, NBFC loans, equity issuances, and foreign direct investment [1][5] - Demand for bank credit fell by 14% to Rs 17.9 lakh crore, attributed to strong equity market performance encouraging companies to opt for share issuances over debt [2][5] Funding Composition - Non-financial corporates raised Rs 3.8 lakh crore through equity in FY25, marking a significant 188% increase compared to the previous year [3][5] - Lending from NBFCs and financial institutions to corporates rose by 20%, totaling Rs 6.1 lakh crore [3][5] - Borrowings through corporate bonds and commercial papers by non-bank entities increased by 15% to Rs 2.1 lakh crore [3][5] Economic Context - The decline in bank credit is also linked to larger corporates utilizing internal accruals for business expansion, as noted by RBI governor Sanjay Malhotra [5] - The overall flow of financial resources to the commercial sector has increased when considering non-bank sources, despite the slowdown in bank lending [5] - To stimulate credit demand, the RBI has reduced policy rates by 100 basis points since February and ensured ample liquidity in the banking system [5]
Form 8.3 - [Alpha Group International PLC]
Globenewswire· 2025-05-26 10:59
Key Information - Danske Bank A/S disclosed a position in Alpha Group International PLC, holding 736,723 shares, representing 1.74% of the relevant securities [1][3]. - The position was held as of May 23, 2025, and the disclosure was made on May 26, 2025 [1][14]. Positions of the Discloser - The disclosed interests include 736,723 shares of equity, amounting to 1.74% of the total relevant securities [3]. Dealings - A sale of 3,555 equity securities was executed at a price of 29.65 GBP per unit [7].
Form 8.3 - [Alpha Group International plc]
Globenewswire· 2025-05-19 10:53
Key Information - Danske Bank A/S disclosed a position in Alpha Group International PLC, holding 732,485 shares, representing 1.73% of the relevant securities [1][3] - The disclosure date for the position held was May 16, 2025 [1] Positions of the Discloser - The disclosed interests include 732,485 shares of equity, which corresponds to 1.73% of the total relevant securities [3] Dealings - A purchase of 390 shares of equity was made at a price of 30.95 GBP per unit [7]