RECENT Active Management RESEARCH
The process of Brazil’s political impasse’s passing began in May 2016, when the case against Dilma Rousseff was found to be strong enough for impeachment proceedings to begin.
With one-third of 2016 yet to go, international funds have already had an action packed year. Events haven’t been restricted to a specific region or market.
Richard Bernstein believes that the corporate profit cycle in the US has turned for the better and if it comes about, the bull run in US equities may continue. In this series, we’ll evaluate 12 large-cap equity funds that invest in US equities.
T. Rowe Price Group (TROW) posted a $1.15 decline in earnings for 2Q16, excluding a one-time charge. Wall Street analysts estimate that TROW should maintain its current earning trajectory for 3Q16 at $1.15 per share.
AMG has managed to beat estimates over the past four quarters. It has seen a steady performance of its affiliates and is expected to post EPS of $2.98 in the September quarter.
Billionaire investor George Soros, who said in April 2016 that gold was the only asset that could outperform in the current market environment, is now getting out of gold.
In this series, we’ll be looking at alternatives’ deployments, fund performances, assets under management, strategic initiatives, and valuations.
In 2Q16, Carlyle Group (CG) posted earnings per share of $0.35, compared to the Wall Street consensus of $0.31. For fiscal 2016, CG is expected to post $1.33 per share, with implied growth of 15%.
The Blackstone Group (BX) is expected to post earnings per share (or EPS) of $0.65 in 3Q16 and $2.08 for 2016.
In this series, we’ll look at the Janus Asset Allocation team’s views on inflation, policy measures, and asset allocation (ITOT) (NEAR), given its assertion that inflation pressures are building.
Apollo Investment (AINV) is expected to post earnings per share of $0.18 for fiscal 2Q17, which ends on September 30, 2016, and $0.71 for the fiscal year. AINV is a closed-ended investment company that provides debt and equity financing solutions to US middle-market companies.
Mario Draghi already had a tough job as the chief of the ECB (European Central Bank), and the results of the Brexit vote have made it even more difficult.
US equities were not overly impacted by the UK’s Brexit vote, but banks and financials like Goldman Sachs and JPMorgan Chase dived while the dollar rose.
In the merger deal between Lions Gate Entertainment (LGF) and Starz (STRZA), the MAE (material adverse effect) clause lays out the circumstances under which either party can back out of the transaction.
On June 30, Starz (STRZA) and Lions Gate (LGF) announced a merger. Before the deal closes, Lions Gate will split into voting shares and non-voting shares.
Given the diversity it can provide due to its composition, Asia makes a compelling investment destination for investors who are looking for growth.
Janus Capital’s average AUM (assets under management) stood at $180.2 billion in 1Q16.
With Brexit having forced a change in the political and economic landscapes, it may be time to turn your attention towards Asia-Pacific funds.
Global equities fell steeply on June 24, 2016, after the United Kingdom’s exit from the European Union in a referendum with a 52% vote to leave.
Any further increase in interest rates by the Fed by December is expected to boost the yields and operating performances of closed-end funds in 2016.