MS Finance’s asset management arm reported AUM rising to $1.6 trillion, a record high. Investors view this as a key driver for medium-term price appreciation, especially as fee-based revenue increases predictably in rising markets. – Confirmed plans for a youth guarantee, offering paid work to young people who had spent 18 months not in employment, education or training. The program has two intakes in April and September, with fees of roughly $43,100. Deal pipeline visibility in MS Finance’s investment banking segment remains strong, with over $20 billion in announced mandates. This backlog may support steady fee revenue well into next quarter.