In 3Q17, the Carlyle Group’s (CG) Global Market Strategies division reported fee-related earnings (or FRE) of $75 million, which was a substantial YoY rise.
The Carlyle Group’s (CG) Real Assets division saw a substantial fall in distributable earnings in 3Q17 compared to 3Q16.
In 3Q17, the Carlyle Group’s (CG) Corporate Private Equity division saw a marginal decline in distributable earnings, from $209 million in 3Q16 to $207 million in 3Q17.
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.
In 3Q17, State Street (STT) posted EPS (earnings per share) that was higher than Wall Street analysts’ estimates.
In November 2017, State Street (STT) is being analyzed by 20 analysts. Thirteen of them have suggested a “hold” for the stock, and four have rated it a “strong buy.”
State Street (STT) has a one-year forward PE (price-to-earnings) ratio of 14.72x, representing a discounted valuation.
State Street (STT) has a total AUM (assets under management) of $2.7 trillion in 3Q17. Of the total AUM, equity contributed $1.6 trillion.
State Street has proposed to increase its distribution per share to $0.42. As a result, it declared a quarterly distribution per share of $0.42 on July 20, 2017.
In 3Q17, State Street (STT) reported assets under custody and administration (or AUCA) of $32.1 trillion, which implies a rise of 10% YoY (year-over-year).
State Street (STT) had compensation expenses of $1.1 billion in 3Q17 compared to $1 billion in 3Q16, reflecting a marginal YoY (year-over-year) rise.
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) was covered by 13 analysts in October 2017, out of which five analysts rated the company’s stock as a “hold.”
KKR & Co. has a price-to-earnings ratio of ~8.7x on a trailing-12-month basis.
KKR’s Public Market division reported performance income of $41.0 million in 3Q17 compared to $20.7 million in 3Q16.
KKR & Co.’s (KKR) Private Market division’s revenues fell from $548.8 million in 3Q16 to $513.5 million in 3Q17.
KKR incurred total expenses of $530.2 million in 3Q17, and it incurred $511.1 million in expenses in 3Q16.
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.
Of the 14 analysts covering The Blackstone Group (BX), six have recommended “strong buy,” another six have recommended “buy,” and two have recommended “hold.” Of the 12 analysts covering alternative asset manager (XLF)…