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  • Royce Small-Cap Trust posts 38.11% NAV gainRoyce’s closed-end funds focus on small-cap and micro-cap equities, guided by an adviser with more than 50 years of experience, while stressing that past performance is not indicative of future results and that risks include volatility and potential foreign exposure. The funds report metrics such as geometric and harmonic averages and price ratios (P/E and P/B), with June 30, 2026 positioning and holdings described for NYSE-listed trusts.6 src · Jul 23, 2026
  • BMW launches Alpina luxury brand after 25 yearsBMW Group is launching Alpina as an ultra-luxury brand positioned between BMW and Rolls-Royce to tap Korea’s growing market for exclusive, understated high-end vehicles, with plans for seven dedicated Alpina showrooms by 2027 and first models arriving in early 2028. The rollout includes Asia’s first Alpina community event in Seoul and emphasis on targeted ultra-high-net-worth customers, underscoring Korea as a pivotal launch market after Alpina’s trademark rights were transferred earlier this year.7 src · Jul 22, 2026