Dafinchi AI

Janus Henderson Group plc

JHG

Financial Services

2w

Strategic Partnership with Guardian Expands Fixed Income AUM and Accelerates Innovation

Completed the Guardian partnership, managing $46.5 billion of largely investment-grade fixed income assets, exceeding the initial $45 billion target.
Guardian's commitment of up to $400 million seed capital, including $100 million for the asset-backed securities ETF (JABS), demonstrates rapid progress.
Total fixed income AUM now at $142 billion, over 30% of total AUM, with Guardian's growth indicating a strong partnership trajectory.

Rithm Capital Corp.

RITM

Financial Services

2w

Financial Performance Summary

Book value increased to $6.7 billion or $12.71 per share, up from $12.39 in the prior quarter.
Dividend yield remains strong at 8.9%, paying out $0.25 per share.
Genesis Capital achieved a record quarter with origination north of $4 billion, more than doubling since acquisition in 2022.
Newrez's servicing portfolio grew to $864 billion with a typical ROE around 20%.
Return on equity (ROE) for the entire company was 17%, with earnings available for distribution at $291.1 million or $0.54 per diluted share, representing an 18% ROE.
Rithm Capital reported GAAP net income of $283.9 million or $0.53 per diluted share for Q2 2025.
Sculptor's asset management business saw $3.5 billion of AUM growth since acquisition, with strong fundraising and performance.
The company ended the quarter with a record $2.1 billion in cash and liquidity.

F&G Annuities & Life, Inc.

FG

Financial Services

1w

Financial Performance Summary

Adjusted ROA on a last 12-month basis was 92 basis points, slightly up from 91 basis points in Q2 2024.
Adjusted ROE excluding AOCI was 8.8%, up 40 basis points over Q2 2024.
F&G reported adjusted net earnings of $103 million or $0.77 per share in Q2 2025.
Investment income from alternative investments was $83 million below management's long-term expected return.
Operating expenses to AUM before flow reinsurance decreased to 56 basis points from 61 basis points in Q2 2024.
Record AUM before flow reinsurance reached $69.2 billion, a 13% increase over Q2 2024.

Cohen & Steers, Inc.

CNS

Financial Services

4w

Financial Performance Summary

Effective fee rate remained stable at 59 basis points.
Effective tax rate was 25.3%.
Ending AUM rose to $88.9 billion from $87.6 billion, positively impacted by market appreciation.
Liquidity improved to $323 million from $295 million in the prior quarter.
Net inflows into open-end funds were offset by institutional net outflows.
Operating margin decreased slightly to 33.6% from 34.7%.
Q2 revenue increased 1.1% to $135 million, driven by higher average AUM and day count.
Reported earnings of $0.73 per share, slightly down from $0.75 sequentially.
Total expenses increased 2.9% due to higher compensation, distribution fees, G&A, and talent acquisition costs.

Equitable Holdings, Inc.

EQH

Financial Services

1w

Financial Performance Summary

Adjusted book value per share ex AOCI and with AB ownership at market value was $40.89, up 11% year-over-year.
Adjusted non-GAAP operating EPS was $1.41, down 8% compared to the prior year, primarily due to elevated individual life mortality claims.
AllianceBernstein (AB) reported net outflows of $6.7 billion in Q2 but returned to net inflows in June; private markets AUM grew 20% year-over-year to $77 billion.
Assets under management and administration reached a record $1.1 trillion, up 5% year-to-date.
GAAP net loss was $349 million, impacted by notable items including a $74 million after-tax negative item in Protection Solutions.
Non-GAAP operating earnings were $352 million or $1.10 per share, down 23% year-over-year on a per share basis.
Wealth Management earnings increased 16% year-over-year with $2 billion of advisory net inflows and a 12% trailing 12-month organic growth rate.

Grosvenor Capital Management, L.P.

GCMG

Financial Services

1w

Financial Performance Summary

Fee-paying AUM grew 9% year-over-year to $69 billion; contracted not yet fee-paying AUM increased 19% to $8.7 billion.
Fee-related earnings, adjusted EBITDA, and adjusted net income increased by 6%, 9%, and 9% respectively compared to Q2 2024.
Fee-related earnings margin for the quarter was 42%, up 200 basis points year-over-year.
Incentive fees realized were $16 million in the quarter, including $1 million annual performance fees and $15 million carried interest.
Total assets under management (AUM) reached $86 billion, a 5% increase from Q1 2025.
Unrealized carried interest at NAV surpassed $900 million, with the firm's share at approximately $450 million, up 9% from last quarter.
Year-to-date fee-related earnings, adjusted EBITDA, and adjusted net income grew by 14%, 17%, and 19% respectively compared to the first half of 2024.

WisdomTree, Inc.

WT

Financial Services

2w

Financial Performance Summary

Adjusted net income for the quarter was $25.9 million or $0.18 per share, excluding $2 million of acquisition-related costs and miscellaneous items.
Assets under management (AUM) reached a record $126 billion at June 30, with U.S.-listed AUM at $85.2 billion and European AUM at $40.5 billion, both all-time highs.
Digital assets AUM more than doubled since last quarter, reaching $350 million at quarter-end and approximately $500 million currently.
WisdomTree reported revenues of $112.6 million for Q2 2025, up 4.2% sequentially and 5.2% year-over-year, driven by higher average AUM.
Year-to-date inflows totaled $6.6 billion, with broad and diverse contributions across U.S., Europe, and digital assets.
Year-to-date revenues grew 8.3%, supported by higher average AUM and increased other revenues from European listed products, partially offset by a lower average fee capture.

Ares Management Corporation

ARES

Financial Services

1w

Financial Performance Summary

Ares reported strong second quarter results with significant growth in AUM and fee-paying AUM driven by fundraising, investing efforts, and market appreciation.
Corporate private equity composite rose 3.3% gross, private equity secondaries generated 3.1% net and gross returns.
Credit strategies delivered strong quarterly gross returns ranging from 2.2% to 5.5%, with double-digit returns over the last 12 months.
Fee-paying AUM (FPAUM) increased to $350 billion, a 17% quarter-over-quarter organic growth on an annualized basis.
GCP acquisition contributed $103 million in revenues and $34 million in FRE with a 33% FRE margin, temporarily compressing overall FRE margin by 90 basis points.
Management fees grew 24% year-over-year, total fee-related revenue grew 29%, and fee-related earnings (FRE) grew 26%.
Management fees reached a record $900 million in the quarter.
Net accrued performance income increased 8.5% to $1.1 billion, with strong investment results across the business.
Other fees more than tripled year-over-year due to GCP's vertically integrated real estate capabilities.
Quarterly AUM increased to $572 billion, representing quarter-over-quarter organic growth of 19% on an annualized basis.
Real estate equity composite increased 3.4% gross, diversified nontraded REIT generated 4.5% net return for first half of the year.
Realized income totaled $398 million, a 10% year-over-year increase, with an effective tax rate of 9.5%.
Second quarter fee-related performance revenues totaled $17 million, mostly from APMF, with expected seasonality in future quarters.

MSCI

Financial Services

3w

MSCI's Index Franchise and Global Market Exposure Growth

MSCI's index and asset-based fee franchise is a key growth engine, with total equity index ETF AUM surpassing $2 trillion for the first time.
Total AUM tracking MSCI indices reached $6 trillion, with fixed income index ETF AUM at $84 billion.
Product launches include new data solutions providing deeper index insights, emphasizing the strategic importance of indices in global investing.

American International Group, Inc.

AIG

Financial Services

1w

Capital Management and Shareholder Return Strategy

AIG announced a $1 billion sale of Corebridge Financial shares, reducing ownership to approximately 15%, and expects to repurchase $5-$6 billion of shares in 2025.
The company increased quarterly dividends by 12.5% to $0.45 per share, marking three consecutive years of double-digit growth.
Strong capital ratios and recent debt issuance, including $1.25 billion in May, support financial flexibility and a low debt-to-capital ratio of 17.9%.