📸✨ The photoshoot and birthday party are happening in the next two days! 🥰 There’s still time to sign up for the birthday event too! ✨ It’s been 10 years since I started this journey in the community — I’ve met so many people, collected so many memories. Some sweet, some bittersweet… but I’m truly grateful for everyone who is still here with me, and willing to keep walking alongside me. 💞 I hope that in the days ahead, I can continue shining in your world and earn my place in your hearts ✨ I can’t wait to see you over the next two days — let’s create new memories together! 💖 #NIKKE# #Velvet# #Cosplay# #NikkeVelvet# 明後兩天就是攝影會和生日會～🥰 生日會還能持續報名唷✨ 在這個圈子走過 10 年了，遇到了很多人、留下很多回憶。 有甜也有酸，但我真的很感謝現在還陪著我、也願意繼續陪著我的大家 希望未來的日子裡 我還能一直在你們的世界裡努力發光發熱💖 也期待能這兩天見到你們 —— 一起留下新的回憶吧！✨ #妮姬# #NIKKE# #薇爾維特兔女郎# #Velvet# #Cos#

M&A activity among asset management firms is skyrocketing: Global asset management deal volumes are up to $53.8 billion year-to-date, the highest level on record in data going back to 1995. This measures the combined value of announced mergers and acquisitions between fund management firms. This is already ~$26.0 billion above the full-year 2025 amount and has surpassed the previous full-year record of ~$47 billion in 2024. This comes as fund firms race for scale and broader reach across geographies and asset classes amid intensifying industry-wide competition. Fee pressure and competition from low-cost index funds are squeezing smaller managers, making scale increasingly critical to remain competitive. The asset management industry is consolidating at a historic pace.