The Morning Minute (7.3)⏰Top News:-Crypto majors rebound 2-6%, ETH leads; BTC at $109,600-OpenAI disputes Robinhood’s tokenized stock claims-BlackRock’s IBIT ETF drives more fees than its S&P ETF-Solana staking ETF launches, sees $33M in volume on day one-Coinbase acquires Liquifi in token management play🌎 Macro Crypto and Memes-Crypto majors were very green with ETH leading; BTC +2% at $109,600, ETH +6% at $2,600, XRP +5% at $2.29, SOL +4% at $154-BONK (+16%), WIF (+15%) and FARTCOIN (+14%) led top movers- ...

BlackRock's IBIT Bitcoin ETF is driving more revenue than its S&P 500 index fundAnd that's with most money managers still recommending 1-2% Bitcoin exposure (if that)Just wait til it's 10%+matthew sigel, recovering CFA (@matthew_sigel):🚨 WOW https://t.co/SBrcXX8kxV ...

据数据统计，截至6月底，今年以来成立672只新基金，合计发行5303.47亿份，募集规模达到5408.48亿元。相比去年同 期成立609只新基金募集规模6743.05亿元，今年上半年新基金数量虽然增加，但发行规模下滑近20%。 【导读】上半年股票型基金发行规模1880.59亿元，同比增长超183% 2025年上半年新基金发行成绩单出炉。 数据显示，今年上半年新基金发行总规模为5408.48亿元，较去年同期下滑近两成。债券基金仍是发行主力，但占比已 不到半数。股票型基金、混合型基金均迎小高峰，其中，前者发行份额较去年同期增超183%，发行数量更是创出历史 新高。 债基发行大降温 权益型基金回暖 今年新基金发行中，债券型基金仍是主力，但与去年同期相比，无论是数量还是规模，均出现下滑。数据显示，今年 以来，已经成立126只债券型基金，合计发行2478.51亿份，发行规模较去年同期下滑接近54%。值得一提的是，新发债 券基金在上半年全部新基金发行份额占比为46.73%，自2022年以来首次占比不足50%。 业内人士分析，今年以来债券市场波动较大，缺乏明确的赚钱效应。与此同时，在权益市场上行背景下，投资者风险 偏好提升 ...

Core Insights - Warren Buffett is recognized as one of Wall Street's greatest investors, with Berkshire Hathaway stock returning 20% annually over the last six decades, significantly outperforming the S&P 500's 10.4% annual return [1] Investment Strategy - Buffett recommends periodic investment in an S&P 500 index fund, which could turn a $400 monthly investment into $851,800 over 30 years [2][9] - The Vanguard S&P 500 ETF provides exposure to major companies like Apple, Nvidia, and Tesla, covering about 80% of domestic equities and 50% of global equities by market value [4] Performance Metrics - The S&P 500 returned 1,860% over the last 30 years, averaging 10.4% annually, which includes various market conditions [8] - Only 15% of large-cap funds outperformed the S&P 500 over the last three years, indicating that most professional money managers struggle to beat the index [5] Cost Efficiency - The Vanguard S&P 500 ETF has a low expense ratio of 0.03%, compared to the average U.S. ETF and mutual fund expense ratio of 0.34% [7] Future Outlook - Buffett believes that American business and a basket of stocks will be worth significantly more in the future, supporting the case for investing in an S&P 500 index fund [6] - The investment strategy of contributing $400 monthly could yield substantial returns, with projections of $77,900 in ten years and $287,700 in twenty years [9]

The tech-heavy Nasdaq Composite Index turned positive for the first time since Feb. 21 after an impressive rally in May. Robust earnings, renewed artificial intelligence (AI) optimism and easing trade tensions drove the index higher. The gains were also supported by a growing investor confidence that President Trump’s trade policies may not push the economy into a recession, as had been feared just a few weeks ago (read: S&P 500 Wraps Up Best May Since 1990: 5 Top Stocks in the ETF).As such, the ETFs tracki ...

Core Insights - OP Financial Group reported a strong operating profit of EUR 423 million for Q1 2025, despite a 31.4% decrease compared to the same period in 2024, reflecting challenges in the operating environment [2][13][32] - The economic outlook remains uncertain due to geopolitical tensions and trade wars, with GDP growth in Finland projected at 1% for the year [9][10][48] Financial Performance - Total income decreased by 17.1% to EUR 989 million, while total expenses increased by 10% to EUR 590 million, leading to a weakened cost/income ratio of 60% [2][17][32] - Net interest income fell by 11% to EUR 631 million, with Retail Banking experiencing a 17% decline [4][33] - The Corporate Banking segment saw an operating profit increase of 13% to EUR 145 million, while the Insurance segment reported an operating loss of EUR -14 million [18][32] Business Segments - Retail Banking's operating profit decreased by 23% to EUR 291 million, with a 4% increase in deposits to EUR 64 billion [4][18] - Corporate Banking's loan portfolio grew by 1% to EUR 28.2 billion, with deposits increasing by 14% [4][18] - The Insurance segment's service result improved to EUR 2 million, but investment income plummeted by 88% to EUR 19 million [4][16] Customer Engagement and Initiatives - OP Financial Group increased OP bonuses for owner-customers by 40% compared to 2022, providing significant value during economically challenging times [13][32] - The number of systematic investment agreements increased by 22%, indicating strong customer interest in long-term investments [22][23] Capital and Liquidity - The CET1 ratio stood at 20.0%, exceeding the minimum regulatory requirement by 6.9 percentage points, indicating strong capital adequacy [14][42] - The liquidity position remains robust, with a liquidity coverage ratio (LCR) of 202% [42] Market Trends - The loan portfolio grew by 1% year-on-year to EUR 99.1 billion, with deposits increasing by 5% to EUR 77.5 billion [19][20] - The ratio of non-performing exposures decreased to 2.5%, reflecting improved credit quality [21][34] Outlook - The operating profit for 2025 is expected to be good but lower than in 2023 and 2024, amid a challenging economic environment [48][49]

On April 2, President Donald Trump unveiled his "Liberation Day" tariffs, which included a 10% tax on most imported goods and heavier country-specific duties dubbed reciprocal tariffs. The news stunned Wall Street. The S&P 500 (^GSPC 0.74%) declined 12% during the next five trading days, leaving the index 19% below the record high reached in February.Ahead of that tariff-driven market crash, Warren Buffett's Berkshire Hathaway made two interesting capital allocation decisions in the fourth quarter. Of cours ...

2024 年全球金融市场动荡不断：主要发达市场的货币政策发生重大转向，技术革新催生新的投资 热潮，特朗普胜选、韩国政坛动荡等政治事件也在持续影响投资者信心和市场波动…… 尽管面临诸多挑战，全球投资者的热情却未因此减退，依然借道基金积极寻找着新的投资机会、 对家庭资产进行配置。 晨星最新发布的 《晨星全球公募基金及中国主题基金资金流观察》 报告显示， 2024年全球共同 基金与ETF共吸引了近2.98万亿美元的净流入资金，推动全球公募基金管理规模突破60万亿美 元，较2015年翻倍增长。 与此同时，全球基金市场的格局正随着投资者偏好的转变而悄然重塑。 2024年，ETF不仅在中国市场备受追捧，全球范围内也迎来了 "史诗级"胜利——全年净流入资金 高达1.7万亿美元，创下历史新高。 使用低成本、高透明度工具进行投资和配置，已经渐渐成为 全球投资者的共识。 在经历了连续三年遭遇净赎回后，主动基金也在 2024 年重新获得投资者的喜爱，全年获得681亿 美元的净流入。 尽管如此，从市场份额的变化来看，被动基金势不可挡，主动基金依然面临着日益严峻的挑战。 从全球的维度来看，被动基金的市场份额从 2015 年的 23% ...