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Confirmed

Asset Management Firms

16 names are moving together; 56% are participating in the current session.

Co-movement

Observed intraday paths are not available for this group yet.

Members

TICKERCompanySectorTodayObserved activity
BAMBrookfield Asset Management IncFinancial Services+3.2%Group member
BXBlackstone Inc.Financial Services+1.9%Group member
OWLBlue Owl Capital Inc.Financial Services+0.7%Group member
BNBrookfield CorporationFinancial Services+1.8%Most structurally connected
ARESAres Management CorporationFinancial Services+3.8%Group member
CGThe Carlyle Group Inc.Financial Services+1.3%Group member
KKRKKR & Co. Inc.Financial Services+3.8%Group member
BNTBrookfield Wealth Solutions LtdFinancial Services+2.6%Group member
BLKBlackRock, Inc.Financial Services+6.3%Group member
AMGAffiliated Managers Group, Inc.Financial Services+3.5%Group member
TPGTPG Inc.Financial Services+3.1%Group member
VCTRVictory Capital Holdings, Inc.Financial Services+1.3%Group member
APOApollo Global Management, Inc.Financial Services+1.5%Group member
FHIFederated Hermes, Inc.Financial Services+2.1%Group member
STEPStepStone Group Inc.Financial Services+3.1%Group member
HLNEHamilton Lane IncorporatedFinancial Services+4.1%Group member

Why we believe this

Cohort

16 names

Participation

56% this session

Observed history

1 daily builds

Filing coverage

14/16 members

credit / rates affecting interest expense

Interest expense increased $3.2 million or 2% in 2025 , primarily due to a $14.4 million increase from our 5.50% senior unsecured notes issued in August 2024 (the “2034 senior notes”), a $6.7 million increase from our 6.75% junior subordinated notes issued in March 2024 (the “2064 junior subordinated notes”), and a $3.6 million increase from borrowings under our senior unsecured multicurrency revolving credit facility (the “revolver”).

AMG 10-K

credit / rates

These items were partially offset by senior bank debt borrowings and an issuance of senior notes of $899.3 million.

AMG 10-K

restructuring

The decrease in net gains (losses) from investment activities of $309 million was primarily driven by an impairment loss on an equity investment triggered by the initial public offering of the equity security which resulted in an observable transaction price below the Company’s carrying amount, as well as the depreciation in the Company’s investments in Global Business Travel Group, Inc.

APO 10-K

Asset Management Firms can stay leader-led if ARES and the next software names fail to join while BN keeps moving.

Connected, outside the group

No high-confidence filing-linked non-members are available for this group yet.

History

Historical cohort observations are not available yet.