Abu Dhabi-based Investcorp Capital has reported a sharp decline in its annual profit for the fiscal year ended June 30, 2026 which fell to $44 million from $81 million last year as higher financing costs and timing of private market exits weighed on earnings.
Franklin Templeton, one of the world’s largest global asset managers, said investors should expect a prolonged period of more divergent investment outcomes across markets, with increasingly uneven performance across asset classes and strategies, as global markets adapt to structural shifts in interest rates, capital allocation and technology adoption.
