RECENT Active Management RESEARCH
Prospect Capital Corporation (PSEC) released its earnings report for fiscal 1Q18 on November 8. The company failed to meet the projections Wall Street analysts had set for earnings per share or EPS and revenues.
To gain an understanding of the latest changes in emerging markets—in particular those changes related to China, the largest emerging markets country—we spoke with Vanguard’s head of ETF Product Management, Rich Powers.
The Carlyle Group (CG), an alternative asset manager, reported its 3Q17 earnings on October 31, 2017. Its EPS was $0.56, which was higher than the Wall Street estimate of $0.51.
State Street (STT) has seen a marginal YoY (year-over-year) rise in its service revenues, from $1.3 billion in 3Q16 to $1.4 billion in 3Q17.
Indexing has become an undeniable force in the investment world…and indexing’s rise didn’t happen by accident.
KKR & Co. (KKR) reported its 3Q17 earnings on October 26. KKR posted earnings per share of $0.36, which fell short of Wall Street’s estimate of $0.42.
The Blackstone Group (BX) reported EPS (earnings per share) of $0.69 in 3Q17, beating analysts’ estimate of $0.54.
Prospect Capital has generated a return of 4.1% on its assets on a last-12-month (or LTM) basis.
When I tell people about the seven-day race I ran in the Sahara last year, they ask questions. The most common one is, “Why?”
Invesco’s (IVZ) total operating expenses rose marginally between 2Q16 and 2Q17, to $935.5 million from $887.9 million, a 5.4% increase.
Berkshire Hathaway (BRK.B) and other major reinsurers are expecting to see the fallout of Hurricanes Harvey and Irma and other recent storms. Berkshire continues to outperform the S&P 500.
In 1H16, State Street Corporation (STT) reported total fee revenues of ~$4.0 billion. In 1H17, STT posted total fee revenues of ~$4.4 billion, which reflects an increase of 10%.
In 1H16, Carlyle Group (CG) reported ~$1.1 billion in total revenues and in 1H17, it reported total revenues of ~$2.0 billion. This rise was mainly due to a substantial rise in total performance fees.
Blackstone (BX) reported revenue of $1.5 billion in 2Q17. In this series, we’ll delve into its performance in the first half of this year.
Prospect Capital (PSEC) reported EPS (earnings per share) of $0.19 in fiscal 4Q17, missing the analysts’ estimate of $0.21.
Berkshire Hathaway (BRK.B) has outperformed the S&P 500 for the past few decades and has generated strong returns for shareholders under Warren Buffett.
State Street (STT) posted EPS (earnings per share) of $1.67 in 2Q17, thus beating analysts’ estimate of $1.57. That’s a 14.0% rise on a YoY basis.
In 2Q17, alternative asset managers Carlyle Group (CG) and KKR & Co. (KKR) reported earnings per share of $0.59 and $0.89, respectively. These results beat Wall Street analysts’ earnings estimates.
In this series, we’ll study the performance of Apollo’s various divisions, its dividend distribution, and its valuation.
In 2Q17, Carlyle Group (CG) posted strong ENI (economic net income) of $300 million, which reflects a substantial increase over its $158 million in 2Q16.