Investment fund

ESMA report stresses impact of costs on retail investor benefits

Tuesday, April 7, 2020 - 12:04am

Steven Maijoor, Chair, said:

Key Points: 
  • Steven Maijoor, Chair, said:

    In this second annual report we continue to see the high impact of costs on the final returns that retail investors receive on their UCITS investments.

  • The costs paid by retail investors are significantly higher than those paid by institutional investors, leading to lower net returns for this category of investors.
  • Todays report highlights the continued need for retail investors to be provided with clear information about the impact of costs on the returns they can expect to receive, allowing them to make informed investment decisions.
  • For retail alternative investment funds (AIFs), the current report provides information on gross performance, while data on costs continued to be unavailable.

P10 Holdings, Inc. releases 2019 Annual Report to Shareholders

Friday, March 27, 2020 - 11:30pm

DALLAS, March 27, 2020 (GLOBE NEWSWIRE) -- P10 Holdings, Inc. (OTC:PIOE) has released its 2019 Annual Report to Shareholders.

Key Points: 
  • DALLAS, March 27, 2020 (GLOBE NEWSWIRE) -- P10 Holdings, Inc. (OTC:PIOE) has released its 2019 Annual Report to Shareholders.
  • This report can be found at www.p10holdings.com under the Annual Reports section of the Investor Relations page.
  • P10 Holdings is an innovative alternative asset management investment firm located in Dallas, Texas.
  • P10 Holdings intends to provide additional investment vehicles in other areas of alternative asset management where it believes it can generate superior returns for its Limited Partners which, over time, should generate value for P10 Holdings shareholders.

ESMA consults on guidance to address leverage risk in the AIF sector

Saturday, March 28, 2020 - 12:02am

27 March 2020

Key Points: 
  • 27 March 2020

    Fund Management

    The European Securities and Markets Authority (ESMA), the EU securities regulator, has today launched a public consultation on its draft guidance to address leverage risks in the Alternative Investment Fund (AIF) sector.

  • The consultation is part of the ESMA response to the recommendations of the European Systemic Risk Board (ESRB) in April 2018 to address liquidity and leverage risk in investment funds.
  • Steven Maijoor, Chair, said:

    In situations when financial markets are under severe stress, highly leveraged alternative investment funds can further amplify systemic risk.

  • Next steps

    ESMA is seeking stakeholders feedback on the proposed principles to set leverage limits under Article 25 of Directive 2011/61/EU.

Purpose Investments Inc. Announces Correction to the Revision for the March Distribution for Purpose High Interest Savings ETF

Friday, March 27, 2020 - 5:55pm

Purpose Investments Inc. is an asset management company with more than $8 billion in assets under management.

Key Points: 
  • Purpose Investments Inc. is an asset management company with more than $8 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.
  • For further information please contact:
    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments.

Purpose Investments Inc. Announces Revision to March Distribution for Purpose High Interest Savings ETF

Friday, March 27, 2020 - 3:48pm

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments.

Key Points: 
  • Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments.
  • Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer.
  • There can be no assurance that the full amount of your investment in a fund will be returned to you.
  • Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Purpose Investments Inc. Announces 2020 First Quarter Distributions for Purpose Specialty Lending Trust

Thursday, March 26, 2020 - 11:27pm

Purpose Investments Inc. is an asset management company with more than $8 billion in assets under management.

Key Points: 
  • Purpose Investments Inc. is an asset management company with more than $8 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.
  • For further information please contact:
    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments.

KBRA Releases Research – Coronavirus (COVID-19): Investment Funds Weathering the Storm … For Now

Thursday, March 26, 2020 - 8:53pm

Kroll Bond Rating Agency (KBRA) releases research that examines the impact of the new coronavirus (COVID-19) on the investment funds sector.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases research that examines the impact of the new coronavirus (COVID-19) on the investment funds sector.
  • Although KBRAs outlook for the global investment fund sector remains stable, we expect that some asset managers and strategies will experience stress due to this prolonged economic slowdown.
  • Additionally, when an investment fund utilizes leverage, there are multiple transactional and structural features that serve as mitigants to the potential impact of this market volatility.
  • KBRA will continue to actively monitor all of its outstanding ratings and remains in constant dialogue with issuers and market participants.

GROUNDFLOOR Rolls Out Short-Term Investment Opportunities, Providing Secured Investments During Market Volatility

Thursday, March 26, 2020 - 5:35pm

ATLANTA, March 26, 2020 /PRNewswire/ -- GROUNDFLOOR , the wealthtech platform that allows everyone to build wealth through real estate, is today unveiling new investment products, designed specifically for those who desire short-term, secured investment opportunities during this period of market volatility.

Key Points: 
  • ATLANTA, March 26, 2020 /PRNewswire/ -- GROUNDFLOOR , the wealthtech platform that allows everyone to build wealth through real estate, is today unveiling new investment products, designed specifically for those who desire short-term, secured investment opportunities during this period of market volatility.
  • The new product line, GROUNDFLOOR Notes, is similar to publicly issued, non-traded secured debt.
  • Low volatility, security, and short-term liquidity are the priority," said GROUNDFLOOR Co-Founder and CEO Brian Dally.
  • For the past seven years, participants in GROUNDFLOOR other securedreal estate based investments have earned average annualized net returns of 10.69%.

Newmontis Closes Over $21 Million in Acquisitions for 1031 Assignment

Wednesday, March 25, 2020 - 4:00am

Newmontis provided acquisition consulting on behalf of investor Gustavo Spoliansky, a principal in Newmontis's related asset management business and the Campus + Main development firm.

Key Points: 
  • Newmontis provided acquisition consulting on behalf of investor Gustavo Spoliansky, a principal in Newmontis's related asset management business and the Campus + Main development firm.
  • According to Newmontis' investment associate Vernon Jones, "Joining Newmontis has proved to be a winning decision for my commercial real estate career.
  • Located in the Pacific Palisades, Newmontis Real Estate Investment Banking is a full-service commercial real estate investment advisory and management firm.
  • Primarily servicing high-net-worth investors, family offices and private investment funds, Newmontis offers sponsored investment opportunities, transactional advisory and asset management.

BROMPTON FUNDS DECLARE DISTRIBUTIONS

Wednesday, March 25, 2020 - 12:41am

The funds noted above offer distribution reinvestment plans (DRIP) for class A shareholders which provide class A shareholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.

Key Points: 
  • The funds noted above offer distribution reinvestment plans (DRIP) for class A shareholders which provide class A shareholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.
  • DGS, LBS and LCS will re-evaluate the payment of class A share distributions in each month with the expectation that monthly distributions will be announced if the net asset value per unit of each fund meets this requirement.
  • Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds.
  • Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the funds, to the future outlook of the funds and anticipated events or results and may include statements regarding the future financial performance of the funds.