Latest news with #investmentfund
Yahoo
09-07-2025
- Business
- Yahoo
ABG Sundal Collier Holding ASA (ABGSF) Q2 2025 Earnings Call Highlights: Revenue Growth and ...
Revenue Growth: Increased by 12% to NOK570 million in Q2. Operating Margin: 20% for the first half of the year, below the long-term target of 25%. Earnings Per Share: NOK0.18, up from NOK0.16 in the quarter. Corporate Financing Revenue: Down by 23% in Q2, totaling NOK311 million for the first half of the year. M&A Revenue: Increased by 33% year-to-date, with NOK227 million booked in Q2. Brokerage and Research Revenue: Up by 15% in Q2 to NOK155 million. Compensation to Revenue Ratio: Stable at around 56%-57%. Non-Compensation Costs: Increased by NOK32 million to NOK236 million in the quarter. ABG Alternatives Investments: Raised NOK1.45 billion and launched its first fund. Warning! GuruFocus has detected 7 Warning Signs with ABGSF. Release Date: July 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. ABG Sundal Collier Holding ASA (ABGSF) reported a 12% revenue growth in Q2, reaching NOK570 million. The company launched significant new business initiatives, including private banking and an alternative investment fund, which are expected to diversify revenue streams and improve profitability over time. M&A operations delivered a strong performance with revenues increasing by 33% year-to-date compared to the first half of 2024. Brokerage and Research revenues grew by 15% in Q2, indicating strong team execution and momentum. ABG Alternatives Investments successfully raised NOK1.45 billion and launched its first fund focused on social infrastructure in Norway. Operating margin for the first half of the year was 20%, below the long-term target of at least 25%. Revenues from corporate financing were down by 23% in Q2 and 16% in the first half of the year due to decreased volumes in ECM and DCM. Equity capital markets volumes were down by 50% year-on-year in the quarter, indicating a muted market environment. Non-compensation costs increased by NOK32 million, driven by inflation and higher activity levels, impacting overall profitability. Despite some recovery signs, the IPO market remains muted, with investor demand being high but selective for high-quality assets. Q: Based on the few IPOs you've seen in Q2, what can you tell about the investor appetite? A: Investors have become more selective, maintaining high standards for IPO candidates. However, high-quality assets or companies with proven track records, good management, and strong cash flows can still attract good investor demand at decent valuation levels. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Arabian Business
08-07-2025
- Business
- Arabian Business
UAE signs $100bn investment deal with Brazil at BRICS Summit
The UAE and Brazil have signed a landmark agreement at the 17th BRICS Summit to establish a development investment fund worth more than $100bn—the largest of its kind among BRICS countries. The deal was signed between Abu Dhabi Investment Group (ADIG) and Banco do Brasil marking a major step in strengthening UAE-Brazil economic relations. The UAE delegation was led by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, who met with President Luiz Inácio Lula da Silva of Brazil to reinforce the strategic ties between the two nations. UAE and Brazil deal The investment fund, valued at over $100bn, will be channelled into vital sectors including: Industry and agriculture Real estate and infrastructure Renewable energy and recycling Healthcare, education, and training Transport, technology, retail, and trade Public debt instruments and food security The signing was witnessed by Zayed bin Rashid bin Aweidha Al Qubaisi, CEO of ADIG, and Tarciana Medeiros, President of Banco do Brasil, Latin America's largest financial institution. The agreement reflects the UAE's ambition to drive sustainable development globally and follows discussions held earlier at the G20 Summit in Rio de Janeiro between Zayed bin Rashid bin Aweidha Al Qubaisi and President Lula da Silva. Zayed bin Rashid bin Aweidha Al Qubaisi described the deal as a testament to the UAE's 'firm commitment to international economic cooperation,' particularly with BRICS nations. He praised the United Arab Emirates leadership's vision in positioning the country as a reliable partner for global growth. Beyond its immediate economic impact, the fund is expected to serve as a model for sustainable, high-impact investment across the BRICS bloc and beyond—enhancing the UAE's international role in shaping the future of the global economy.
Washington Post
08-07-2025
- Business
- Washington Post
Our bipartisan plan could rescue Social Security
Bill Cassidy, a Republican, represents Louisiana in the U.S. Senate. Tim Kaine, a Democrat, represents Virginia in the U.S. Senate. If Congress doesn't act, the Social Security Trust Fund will be insolvent as soon as 2033, and millions of Americans who have been paying into the program will see a significant portion of their promised benefits cut. That's why we're working on a bipartisan proposal for a new investment fund that would infuse much-needed money into Social Security, while ensuring no one on Social Security or nearing retirement sees any change to the benefits whatsoever.
Yahoo
07-07-2025
- Business
- Yahoo
Blue Owl Capital Launches U.S. Diversified Direct Lending Strategy with Australia's Koda Capital
Blue Owl Credit Income Fund AUT (OCIC-A) now available to Australian financial advisors and their clients in partnership with Australia's largest independent wealth management firm. NEW YORK and SYDNEY, July 8, 2025 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced the launch of Blue Owl Credit Income Fund AUT ("OCIC-A" or "the fund"), an Australian unit trust, in partnership with Koda Capital. The strategy is available to Australian financial advisors and their wholesale clients, underscoring Blue Owl's commitment to serving Australia's most sophisticated investors. The partnership with Koda Capital, Australia's largest independent wealth management firm, is a cornerstone of Blue Owl's strategic entry into the region. With over A$14 billion in client assets under management, Koda is widely recognized for its unwavering commitment to client-first, conflict-free advice. The firm has earned accolades such as the Australian Financial Review's "Best Private Wealth Manager" and is celebrated for its leadership in offering innovative investment solutions to the Australian private wealth channel. The fund invests in Blue Owl Credit Income Corp (OCIC), a private credit solution that seeks to generate attractive, income-based returns through a diversified portfolio of predominantly senior secured, directly originated floating rate loans to U.S. middle and upper middle-market companies. The strategy is designed to provide consistent income and capital preservation, making it a compelling solution for investors seeking high-quality private credit exposure. With significant scale and a broadly diversified portfolio across industries and borrowers, OCIC is well-positioned to access high-quality deal flow, reduce concentration risk, and deliver stable, risk-adjusted returns to investors. The fund provides access to Blue Owl's market-leading direct lending capabilities, enabling Koda clients to diversify their portfolios with institutional-grade private credit strategies. The offering is designed to meet the growing demand for differentiated, global alternatives among high-net-worth and sophisticated investors in Australia. Sean Connor, President & CEO of Global Private Wealth at Blue Owl, commented: "Partnering with Koda Capital is a significant step in our global expansion strategy. Koda's reputation for excellence and innovation aligns perfectly with Blue Owl's mission to deliver institutional-quality private market solutions to the wealth channel. We're excited to bring OCIC-A to Australian advisers and their clients, offering access to a differentiated, high-quality direct lending strategy." Jonathan Ayres, Managing Partner at Koda Capital, said: "At Koda, our independence gives us the freedom to search globally and select only the most compelling investment strategies for our clients. Seeding this feeder fund reflects our commitment to accessing institutional-grade opportunities on competitive terms delivered locally and tailored for Australian investors." Channel Capital's subsidiary, Channel Investment Management Limited (CIML), acts as the Responsible Entity for the fund, overseeing essential services such as compliance, risk management, fund administration, custody, financial reporting, and investor services. CIML works with a select group of clients and funds, covering traditional, alternative and private market strategies, with deep expertise in structuring and managing Australian feeder funds for global investment managers. Channel Capital services A$57 billion in assets on behalf of its partners, as of 31 March 2025. About Blue Owl Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With $273 billion in assets under management as of March 31, 2025, we invest across three multi-strategy platforms: Credit, Real Assets, and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation. Together with over 1,200 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit To find out more about OCIC-A, visit About Koda Capital Koda Capital is Australia's leading independent wealth management firm, and provides advice to high-net-worth individuals, families, and not-for-profits. With over $14 billion in funds under management (FUM), it delivers tailored investment and strategic wealth solutions that put clients' interests first. Founded in 2014, Koda has more than 50 Partners and has offices in Sydney, Melbourne, Perth and Brisbane, and offers expertise across Investment Strategy, Philanthropy & Social Capital, Structuring & Tax, and Family Leadership. Its independence ensures it remains free from institutional conflicts, allowing it to provide objective, client-focused advice. It is committed to delivering sophisticated investment opportunities, strategic insights, and long-term wealth solutions to help its clients achieve their financial goals. To learn more, visit Forward Looking Statements Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl's shares on the New York Stock Exchange; Blue Owl's ability to manage growth; Blue Owl's ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors. Investor Contact Ann DaiHead of Investor Relationsblueowlir@ Media Contact Nick TheccanatPrincipal, Corporate Communications & Government View original content: SOURCE Blue Owl Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
27-06-2025
- Business
- Bloomberg
‘GRFT' ETF Aims to Let Americans Bet on Washington Insider Ties
In an era of anti-establishment ire, Matthew Tuttle is betting there's demand for a retail-friendly fund designed to profit from political influence in Corporate America. The investment manager filed this week to launch an exchange-traded fund — ticker GRFT — that aims to hold a portfolio of companies with demonstrated ties to the politically connected, ranging from the inner circle of a sitting US president to members of Congress.
