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  • Partners Group Manages $186 Billion as Infrastructure Fund Is Tokenized as NGI+ on Pendle
    Partners Group manages $186 billion in assets, and its Next Generation Infrastructure fund holds pipeline, power plant, fiber-optic and water utility assets. The fund has recorded an annualized net return of 19.2% since 2024. According to Odaily, Pendle said on X that AssetoFinance tokenized the fund as NGI+, which is currently trading on Pendle.
    Tăng giá
    Bearish
  • STOCKS | UBS Upgrades Morgan Stanley Direct Lending to Buy, Cuts Price Target to $14.50
    On November 10, UBS upgraded Morgan Stanley Direct Lending (MSDL) to Buy from Neutral but lowered its price target to $14.50 from $15.50. According to Sina Finance, UBS said MSDL's net asset value fell 3.8% quarter over quarter in the third quarter, weighed down by weaker performance from some credit assets, but expected management fee cuts, higher interest rates and expansion of its joint venture business to support future net investment income growth. UBS said MSDL plans to cut its base management fee from 1.00% to 0.75% and its incentive fee from 17.5% to 15% starting in the first quarter of 2027; based on the past 12 months, the changes are expected to add about $0.13 to annual net investment income per share, or about $0.03 per quarter, while a 25-basis-point rate increase is expected to add about $0.02 per share each quarter. UBS also expects the Capstone joint venture to contribute an additional $0.03 to $0.05 in net investment income per share each quarter once it reaches full operating scale in mid-2027.
    Tăng giá
    Bearish
  • MARA Transfers Out 500 BTC Worth About $37.38 Million
    MARA Holdings transferred out 500 BTC today, worth about $37.38 million. According to Odaily, MARA has sold a total of 13,597 BTC since October 1 for about $1.1 billion, at an average price of $81,039.
    Tăng giá
    Bearish
  • Lnfi Network Restores Withdrawal Service
    Lnfi Network said its withdrawal service has been restored. According to Foresight News, the network had previously reported an issue affecting withdrawals and said it was performing maintenance; withdrawals were temporarily suspended, and pending amounts were to be returned in full to users’ balances.
    Tăng giá
    Bearish
  • PRECIOUS METALS | COMEX Gold Warrants for 104,800 Ounces Canceled Overnight as Physical Outflows Near Zero
    According to Jin10, COMEX gold warrants for 104,800 ounces were canceled overnight while physical outflows totaled just 161 ounces; Brinks transferred 104,800 ounces from Registered to Eligible, November deliveries totaled 4,572 contracts, and remaining open interest stood at 102 contracts.
    Tăng giá
    Bearish
  • STOCKS | UBS Raises Southern Copper to Neutral, Keeps $180 Target After Share Decline
    On November 10, UBS raised Southern Copper’s rating from Sell to Neutral and maintained its $180 price target. According to Sina Finance, UBS said the stock had fallen about 20% over the past month amid a broader selloff in AI-related stocks, in line with copper-mining shares overall, while copper prices fell only about 4%. UBS said the pullback had brought Southern Copper’s valuation back to a reasonable level, with risks and potential returns more balanced. UBS said the stock trades at about 14 times estimated 2027 EV/EBITDA, down from about 19 times in March this year and close to its average over the past two years. The current share price implies copper prices of about $6.50 to $7.00 per pound, broadly in line with UBS’s forecasts. UBS said potential headwinds, including Peru’s election and delays to the Tía María copper project that could affect 2027 production, had largely been priced in. The bank remained positive on the support for copper prices from tight supply and demand over the next three years, but said the upside reflected in Southern Copper’s valuation was roughly balanced with the potential risks, prompting it to choose Neutral rather than Buy.
    Tăng giá
    Bearish
  • Binance Will Offer Tier-Based Gifts in New Year VIP Campaign
    According to the announcement from Binance, verified VIP users in eligible regions will be able to receive tier-based gifts by maintaining their VIP status during a 30-day campaign running from 2026-11-16 00:00 (UTC) to 2026-12-16 00:00 (UTC). Participants must hold VIP 1 or higher at the campaign’s start and remain at least VIP 1 throughout the period. Users who fall to Regular User status at any point will not qualify. **Campaign rewards:** Users whose lowest maintained level is VIP 1 or VIP 2 will be eligible for a Binance-branded bomber jacket and cap. Those who maintain VIP 3 through VIP 9 for the full period will qualify for a Binance-branded ski jacket and goggles. The reward tier is based on the lowest VIP level held during the campaign; for example, a user who spends part of the period at VIP 3 and the rest at VIP 2 will be assigned to the VIP 1–2 tier. VIP upgrades granted through vouchers or manual adjustments do not count. Users covered by the VIP Level Protection Program from 2026-11-03 00:00 (UTC) to 2026-12-02 23:59 (UTC) remain eligible. Binance says reward distribution and winner information will be sent by 2026-12-30. Eligible users will need to submit their shipping address and sizing information through the My VIP gifts page.
    Tăng giá
    Bearish

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