BUZZ-Abacus Global jumps after lifting annual profit outlook

Reuters

Aug 08, 2025

** Alternative asset management firm Abacus Global's ABL.O shares jump 9.5% to $6.03

** ABL late Thursday lifted FY 2025 annual adjusted profit outlook after strong Q2 results

** "Strong performance was driven by robust demand for policyholder liquidity, as well as increased inflows for our new asset management offerings," CEO Jay Jackson said

** Northland Capital analyst Mike Grondahl says it was a strong quarter for ABL, and it sounds like momentum has continued into a seasonally stronger 2H25

** "Diversification of its revenue streams over time will continue to make the company unique in the alternative asset management space," Grondahl says

** All five brokerages covering stock rate it at "buy" or higher; median PT $14 - data compiled by LSEG

** As of last close, ABL stock down 29.8% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2557602575"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2557602575\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2557602575?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-08 23:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2557602575","market":"us","top_or_hot":-1,"title":"BUZZ-Abacus Global jumps after lifting annual profit outlook","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Abacus Global jumps after lifting annual profit outlook</title></head><body><p>** Alternative asset management firm Abacus Global's <span>ABL.O</span> shares jump 9.5% to $6.03</p><p>** ABL late Thursday lifted FY 2025 annual adjusted profit outlook after strong <a href=\"https://laohu8.com/S/QTWO\">Q2</a> results</p><p>** \"Strong performance was driven by robust demand for policyholder liquidity, as well as increased inflows for our new asset management offerings,\" CEO Jay Jackson said</p><p>** Northland Capital analyst Mike Grondahl says it was a strong quarter for ABL, and it sounds like momentum has continued into a seasonally stronger 2H25</p><p>** \"Diversification of its revenue streams over time will continue to make the company unique in the alternative asset management space,\" Grondahl says</p><p>** All five brokerages covering stock rate it at \"buy\" or higher; median PT $14 - data compiled by LSEG</p><p>** As of last close, ABL stock down 29.8% YTD</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Abacus Global jumps after lifting annual profit outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Abacus Global jumps after lifting annual profit outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-08 23:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Abacus Global jumps after lifting annual profit outlook</title></head><body><p>** Alternative asset management firm Abacus Global's <span>ABL.O</span> shares jump 9.5% to $6.03</p><p>** ABL late Thursday lifted FY 2025 annual adjusted profit outlook after strong <a href=\"https://laohu8.com/S/QTWO\">Q2</a> results</p><p>** \"Strong performance was driven by robust demand for policyholder liquidity, as well as increased inflows for our new asset management offerings,\" CEO Jay Jackson said</p><p>** Northland Capital analyst Mike Grondahl says it was a strong quarter for ABL, and it sounds like momentum has continued into a seasonally stronger 2H25</p><p>** \"Diversification of its revenue streams over time will continue to make the company unique in the alternative asset management space,\" Grondahl says</p><p>** All five brokerages covering stock rate it at \"buy\" or higher; median PT $14 - data compiled by LSEG</p><p>** As of last close, ABL stock down 29.8% YTD</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2468319806.SGD","symbol_name":"MANULIFE GF HEALTHCARE \"AA\" (SGDHDG) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250808:nL4N3TP1C8:1","article_id":"2557602575","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557602575","pubTimestamp":1754666998,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Abacus Global jumps after lifting annual profit outlook** Alternative asset management firm Abacus Global's ABL.O shares jump 9.5% to $6.03** ABL late Thursday lifted FY 2025 annual adjusted profit outlook after strong Q2 results** \"Strong performance was driven by robust demand for policyholder liquidity, as well as increased inflows for our new asset management offerings,\" CEO Jay Jackson said** Northland Capital analyst Mike Grondahl says it was a strong quarter for ABL, and it sounds like momentum has continued into a seasonally stronger 2H25** \"Diversification of its revenue streams over time will continue to make the company unique in the alternative asset management space,\" Grondahl says** All five brokerages covering stock rate it at \"buy\" or higher; median PT $14 - data compiled by LSEG** As of last close, ABL stock down 29.8% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2468319806.SGD":"MANULIFE GF HEALTHCARE \"AA\" (SGDHDG) ACC","LU2089984988.USD":"MANULIFE GF HEALTHCARE \"AA\" (USD) ACC","LU0114720955.EUR":"SUSTAINABLE GLOBAL HEALTH CARE \"A\" INC","LU0882574055.USD":"富达全球健康医疗A ACC","BK4173":"保险经纪商"},"translate_title":"BUZZ-Abacus Global上调年度利润预期后股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ABL":0.9},"content_text":"BUZZ-Abacus Global jumps after lifting annual profit outlook** Alternative asset management firm Abacus Global's ABL.O shares jump 9.5% to $6.03** ABL late Thursday lifted FY 2025 annual adjusted profit outlook after strong Q2 results** \"Strong performance was driven by robust demand for policyholder liquidity, as well as increased inflows for our new asset management offerings,\" CEO Jay Jackson said** Northland Capital analyst Mike Grondahl says it was a strong quarter for ABL, and it sounds like momentum has continued into a seasonally stronger 2H25** \"Diversification of its revenue streams over time will continue to make the company unique in the alternative asset management space,\" Grondahl says** All five brokerages covering stock rate it at \"buy\" or higher; median PT $14 - data compiled by LSEG** As of last close, ABL stock down 29.8% YTD (Reporting by Arasu Kannagi Basil in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}