Chapter 840 [Singing forward, sitting and looking at one]
As soon as today's official third quarter report came out, the data became more detailed. What the outside world paid most attention to was Tiansheng Capital's current asset management scale.
All have focused on the astronomical figure of 28.263 trillion yuan or 4 trillion U.S. dollars.
Tiansheng Capital was established in 2015, and then went public in April 2016. It is less than four years old, but it has grown to become one of the world's top giants in the asset management industry.
This growth rate is almost a miracle that cannot be replicated!
At the same time, it also means that Tiansheng Capital will become the world's third largest asset management giant with a scale of US$4 trillion, but in fact it is second only to BlackRock Group because the actual scale has reached US$4.23 trillion.
At present, the top ten asset management companies in the world have a total management scale of more than 28 trillion US dollars. The scale of funds managed by these ten asset management giants has exceeded the annual GDP scale of the United States.
The top ten asset management giants are:
BlackRock ($5.4 trillion), Vanguard ($4.2 trillion), Tiansheng Capital ($4 trillion), UBS ($2.8 trillion), State Street ($2.56 trillion), Fortune
TA International Investment (USD 2.2 trillion), Allianz Asset Management (USD 2 trillion), Morgan Stanley (USD 1.8 trillion), BNY Mellon (USD 1.7 trillion), Crédit Agricole (USD 1.6 trillion).
Nine of the top ten asset management giants in the world are from Europe and the United States, and they are all well-known established giants in the industry, making all the difference in the world's financial world.
Only Tiansheng Capital is the only one from the East, and the youngest, and the only one established in the second decade of the 21st century. It is not yet four years old, but it has already entered the top three in the world on paper, but in reality.
second.
Of course, not only the nine major European and American asset management giants are well-known in the industry, but Tiansheng Capital is also now, and its reputation is even greater.
The institutions that can be on this top list are all entities capable of making waves in the global financial market.
The expansion speed of Tiansheng Capital is so terrifying that many people in the industry are now predicting whether Tiansheng Capital can surpass BlackRock Group in a year's time and take the top spot among the world's asset management giants.
As for the second-largest Pioneer Group, everyone simply ignored it. They all agreed that it was only a matter of time before Tiansheng Capital surpassed it. With the current exaggerated growth rate, it may surpass it after the 2019 report is released this year.
Given the current legendary momentum of Tiansheng Capital, if the time period is extended, most people believe that it is a high probability that BlackRock, as the world's largest asset management giant, will change hands to Tiansheng Capital in the future.
If someone had said this three years ago, they would have thought he was insane.
But today it has become a hot topic in the industry, and I feel that the world is getting crazier and crazier.
Compared with the topic of surpassing BlackRock, people are more keen to predict the speed of surpassing BlackRock, because most people now believe that Tiansheng Capital will surpass BlackRock. As long as there is no trouble, the current trend will be normal.
It is also a matter of time before we continue.
So what is the time for transcendence? People are very interested in whether BlackRock Group can be knocked off the top spot in 2o2o next year. This is an event that many people are looking forward to. This will be a history.
A big sexual event.
All data from Tiansheng Capital illustrate its giant status.
In July previously, Fortune magazine announced the list of the world's top 500 companies in 2018.
Tiansheng Capital ranked 33rd in the Fortune Global 500 in 2018 with annual operating income of US$134.9 billion, followed by Chevron.
In 2018, Tiansheng Capital's profit was US$122.9 billion and net profit was US$97.1 billion. If ranked according to profit, among the companies in the Fortune 500 in 2018, Tiansheng Capital's profit of US$122.9 billion topped the list, with Apple in second place claiming to be the most profitable.
The profit-making technology company has a full-year profit of US$48.3 billion, and Tiansheng Capital is 2.5 times that.
Therefore, it makes sense that Tiansheng Capital ranks first in the world in terms of market capitalization, surpassing Apple.
If Tiansheng was a high-tech company, the valuation given by the market would have been towards a minimum market capitalization of over US$2 trillion.
Last year's Fortune Global 500 ranking, Tiansheng Capital was ranked 33rd, but in this year's list of the world's top 500, many people in the industry are optimistic that Tiansheng Capital will directly parachute down and knock down Wal-Mart, which has continued to hold the top spot.
Market analysis institutions predict that Wal-Mart's revenue this year will be about 510 billion US dollars, but what about Tiansheng Capital? Revenue in the first three quarters of this year reached 2.8368 billion yuan, excluding exchange rate changes, more than 405.2 billion US dollars.
In the last quarter of this year, most institutions predict that Tiansheng Capital’s revenue will be 600 billion yuan, which will be 3,436.8 billion yuan for the whole year, or approximately 490.9 billion U.S. dollars.
However, the market still has expectations for the appreciation of the RMB exchange rate, that is, changes in exchange differentials. Currently, industry insiders generally believe that in the last quarter of this year, the RMB against the US dollar may appreciate from the current RMB 7 yuan to more than 6.7 yuan.
If calculated based on the expected value of 6.7, then Tiansheng Capital's full-year revenue in 2019 converted into U.S. dollars would be 512.9 billion U.S. dollars, which is the estimate of Wal-Mart by leading institutions.
Generally speaking, the current market is generally optimistic and very optimistic about Tiansheng Capital's future expectations. The forecasts of many data are very bold and even seem a bit outrageous.
But there is nothing we can do about it. Tiansheng Capital's performance itself has made the market outrageous, raising the threshold of analysts from global institutions again and again.
Now everyone is benchmarking all data against the world's number one, BlackRock, the world's number one in asset management scale; Walmart, the world's number one revenue scale, and its profit scale is already number one in the world.
Its market capitalization is also the largest in the world.
As for what kind of money Tiansheng Capital will earn in the last quarter of this year, Lu Ming has already made clear arrangements. There is no doubt that what is earned in the fourth quarter is the money of the long side, and more deeply, it is the money earned by the Federal Reserve.
banknote money.
Because large-scale money printing will inevitably promote asset price bubbles, and you can make the most money when the bubble is inflated.
Entering the last quarter of the year, Lu Ming has also begun to increase his workload, because there will be a lot of things coming, and they will all be big events. The wings of the black swan are about to spread and cover the world.
Tiansheng Capital's overseas layout requires frequent position adjustments, and remote funds must be released for near-end operations, which means putting aside long-termism and focusing on short-term speculation, because at this time at the beginning of the new year, the entire global capital market will
A mess.
But the more chaotic the situation, the easier it is to seek profits. At this time, almost everyone loses their mind and rushes around like headless flies.
