Ameriprise Financial Inc
What to Expect for Carlyle’s Earnings and Revenue in 4Q17
The Carlyle Group (CG) will announce its 4Q17 results on February 7, 2018. In this series, we’ll take a peek at its performance and what’s expected.
Carlyle’s Corporate Private Equity Division in 4Q17
Acquisition of majority stake On December 21, 2017, The Carlyle Group (CG) announced that Carlyle Growth Investments IV had acquired a majority stake in Visionary RCM Infotech. The company, based in Chennai, India, serves the needs of healthcare clients. According to Carlyle, Visionary’s market is expected to witness upward momentum, leading to more opportunities. Visionary also shared […]
Analysts’ Recommendations on Carlyle, Pre-4Q17 Results
Ratings for Carlyle Of the 12 analysts covering The Carlyle Group (CG) in January 2018, four have recommended “strong buy,” five have recommended “hold,” and three have recommended “buy.” There have been no “sell” or “strong sell” recommendations for the past few months. However, the stock could receive more favorable ratings as the company’s assets under management are expected to rise in 4Q17. […]
Janus Capital, Henderson Group: Complementary Business Advantage
The merged entity of Janus Capital Group (JNS) and Henderson Group (HGG) will help accelerate the twin strategic objectives for diversification and growth.
Blackstone’s Hedge Fund Solutions Revenue Falls
In 1Q18, The Blackstone Group’s (BX) Hedge Fund Solutions saw an inflow to its total AUM (assets under management) of $3.9 billion.
A Look at IYF’s Outflows So Far in 2016
The iShares US Financials ETF (IYF) recorded net outflows of $847 million in 2015. As of March 24, 2016, investors have withdrawn $360.6 million from IYF.
Must-know: How does Box make money?
The company states that it has over 34,000 paying organizations registered.
Why Carlyle Has a Lower Valuation
Discounted valuation The Carlyle Group’s (CG) NTM (next-12-month) PE (price-to-earnings) ratio is 7.7x, lower than competitors’ average of 9.6x. Peers Ameriprise Financial (AMP), Ares Management (ARES), and KKR (KKR) have NTM PE ratios of 9.5x, 11.4x, and 7.9x, respectively. Carlyle has a lower valuation because of its expected results for 1Q18. Wall Street analysts expect the company’s […]
Understanding Analysts’ Views on KKR
KKR & Company (KKR) is being covered by 14 analysts as of March 2018, five of which have suggested “strong buys” on the stock.
What Are KKR’s Valuations Leading Up to Its 1Q18 Results?
KKR & Company’s (KKR) next-12-month PE (price-to-earnings ratio) stands at 8.81x compared to its competitors’ average of 19.28x.
KKR to Provide Funds to Qui! Group
KKR & Company announced on February 27, 2018, that it would be advancing funds to Qui! Group in order to support the company so that it would experience growth.
What’s Expected of KKR’s Private Equity Segment in 1Q18?
KKR & Company’s (KKR) Private Markets segment generated net management, monitoring, and transaction fees of $724.6 million in 2017.
A Look at KKR’s Investments in Copper Foil and Autos
On March 4, 2018, KKR & Company (KKR) and LS Group made an announcement with respect to KKR’s investment in LS Group’s auto business.
How Will KKR & Company Perform Moving Forward?
Wall Street analysts expect KKR & Company (KKR) to have EPS (earnings per share) of $0.56 in 1Q18, an improvement compared to its 4Q17 EPS.
Looking Ahead at the Second Year of Trump’s Presidency
Economists expect that rising inflation and a tight labor market will lead the Fed to hike interest rates this year.
How Can Blackstone Revive Its Discounted Valuations?
The Blackstone Group (BX) has a PE (price-to-earnings) ratio of 11.18x on a next-12-month basis.
Inside Blackstone’s Total Assets Under Management
At the end of 2017, the Blackstone Group’s (BX) total AUM (assets under management) stood at $434.1 billion. On a YoY (year-over-year) basis, this figure reflected a rise of 18%.
What Happened to Blackstone’s Hedge Fund Solutions Segment?
The Blackstone Group’s (BX) Hedge Fund Solutions segment generated total revenue of $167.8 million in 4Q17 compared to $176.4 million in 4Q16.
Blackstone’s Credit Segment’s Total AUM Rose Substantially
The Blackstone Group’s (BX) Credit segment delivered composite gross returns of 3.4% and 1.7% in terms of distressed strategies and performing credit, respectively, in 4Q17.
How Blackstone’s Real Estate Segment Performed in 4Q17
The Blackstone Group’s Real Estate segment’s metrics, such as its total assets under management, deployments, and realizations, benefited from the company’s global reach and large scale in 4Q17.
Analyzing BX’s Private Equity Segment’s Performance in 4Q17
The Blackstone Group’s (BX) Corporate Private Equity segment’s total revenue rose from $460.9 million in 4Q16 to $590.2 million in 4Q17, reflecting a 28% rise year-over-year.
Blackstone Buys a Majority Stake in Financial and Risk Business
The consortium managed by the Blackstone Group (BX) recently made an announcement regarding a partnership with Thomson Reuters (TRI).
Blackstone Reports Strong 4Q17 Results, Beats Estimates
The Blackstone Group (BX) reported EPS (earnings per share) of $0.71 in 4Q17. Analysts had expected the company’s EPS to come in at $0.67 in the quarter.
Carlyle Raises Capital for Structured Credit Fund
Targeting collateralized loan obligations On January 2, 2018, The Carlyle Group (CG) announced fundraising for a structured credit fund. The company has raised capital of around $800 million. With the help of structured credit, the company plans to gain presence in the CLO (collateralized loan obligation) space. The Carlyle Structured Credit Fund has been handled by […]
Carlyle Wraps Up the Sale of Companeo
Sale closed On January 11, 2018, The Carlyle Group (CG) announced the sale of Companeo Groupe to Infopro Digital. Companeo, in the business of lead generation, helps businesses find new customers. It has a strong presence in Europe. The alternative asset manager invested in Companeo and acquired a majority stake in August 2010, expecting that the company […]
Understanding Carlyle’s Global Market Strategies Division
Minority shareholder On December 27, 2017, The Carlyle Group (CG) announced that it had become a minority shareholder in Bis Industries, where a financial reorganization has taken place. The company provides materials for handling solutions and logistics. Its clients include resource and mining companies. Bis Industries’ financial reorganization has decreased its financial leverage and gross debt, allowing it […]
Wall Street Analysts’ Views on Blackstone
Analysts’ ratings Of the 14 analysts covering The Blackstone Group (BX) in January 2018, seven have recommended “strong buy,” six have recommended “buy,” and one has recommended “hold.” There were no “strong sell” or “sell” recommendations. Peer comparison In January 2018, of the 11 analysts covering Ameriprise Financial (AMP), three have recommended “strong buy,” three have recommended “buy,” and five […]
Analyzing Apollo Global Management’s Balance Sheet
Apollo Global Management’s (APO) total assets figure was $6.8 billion on September 30, 2017, compared to $5.6 billion on December 31, 2016.
Behind Apollo Global Management’s Real Assets Segment
In 9M17, the Real Assets division of Apollo Global Management (APO) posted total revenues of $67.9 million compared to $56.1 million in 9M16.
Understanding Apollo’s Private Equity Division’s Performance in 2017
Apollo Global Management’s (APO) Private Equity division saw a substantial rise of 96.6% in total revenues in 9M17 compared to 9M16.
Carlyle’s Global Market Strategies Division: What Happened?
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.
How Wall Street Analysts View Alternative Asset Managers
Six of 14 analysts currently covering Blackstone stock gave “strong buy” ratings. Six analysts gave “buy” ratings, and the remaining two analysts gave “hold” ratings.
What Carlyle Group’s Analysts Have to Say after 2Q17
Four analysts have rated Carlyle (CG) stock a “buy,” while four have given it a “strong buy” rating, and the remaining four have rated the stock a “hold.”
Insights into Blackstone’s Dividend Distribution
Blackstone Group (BX) announced a quarterly dividend of $0.54 per share in July 2017, to be paid in August 2017.
AMG Expects Fundraising in Private Equity
Fundraising in 2H17 In 1Q17, Affiliated Managers Group (AMG) did not see fundraising in private equity, though it did see realizations. According to management, large fundraising in private equity is expected towards the end of 2017 and at the beginning of 2018. This fundraising is expected due to strong performance by private equity affiliates Pantheon and EIG […]
Affiliates Continue to Drive AMG’s Performance
Rise in affiliates Thanks to Affiliated Managers Group’s (AMG) relationship with major companies, it has a positive outlook due to the increase in investments in new affiliates. Despite global political uncertainty, AMG is still in a position to compete with alternative asset managers (XLF) such as Apollo Global Management (APO), AllianceBernstein (AB), and Ameriprise Financial (AMP), […]
What We Can Expect for Affiliated Managers Group
Market analysts expect Affiliated Managers Group (AMG) to report EPS (earnings per share) of $3.23 in 2Q17, a rise of 0.62% from 1Q17.
Janus-Henderson Merger: The Wait Is Over
The merger of Janus Capital Group (JNS) and Henderson Group (HGG), announced in late 2016, was finalized on May 30, 2017. It’s said to be a merger of equals.
Low Interest Rates Eat into Money Market Funds’ Yields
Money market funds suffer in periods of low interest rates because their yields drop, causing fund managers to lower fees and close access to new investors.