F&G signals shift toward 25% fee-based earnings by 2028 while expanding AUM and capital flexibility

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• FNF distribution strengthens F&G's positioning within equity markets and facilitates greater institutional ownership

  80% confidence

• F&G feels comfortable and confident in the credit soundness of the investment portfolio

  80% confidence

• Starting Q1 2026, F&G is updating long-term expected return for alternative investments to reflect only 40% or $4 billion of equity interest, with no impact to adjusted net earnings on an as-reported basis

  80% confidence

• F&G plans for continued mediocre returns as the prudent approach

  80% confidence

Cited in these Via News reports

• Axa Scales Back Private Credit as Allianz Expands, Splitting European Insurers on Alternative Assets →
• European Insurers Resist Private Credit While North American Rivals Double Exposure →
• Global Private Equity Shifts to Multi-Strategy as TPG Cuts Buyouts to 45%, Industry Raises $51B →
• TPG Raises $51 Billion as Global Private Equity Pivots From Buyouts to Credit Markets →
• TPG Raises $51B as Global Private Equity Shifts from Buyouts to Credit Markets →
• TPG Raises $51B in 2025, Cuts PE Share to 50% as Global Alternatives Industry Diversifies →
• TPG Shifts $20B to Credit Markets as Global Investors Pivot from Traditional Buyouts →
• U.S. Insurer North American Adds Growth Index to Fixed Annuities Amid Global Product Innovation Wave →