Investment fund

Retail clients continue to lose out due to high investment products costs

Wednesday, April 21, 2021 - 1:35pm

In the report ESMA finds that the costs of investing in key financial products, such as UCITS funds, retail alternative funds, and structured investment products (SRPs) remain high and diminish the investment outcome for final investors.

Key Points: 
  • In the report ESMA finds that the costs of investing in key financial products, such as UCITS funds, retail alternative funds, and structured investment products (SRPs) remain high and diminish the investment outcome for final investors.
  • Clear and understandable information about the impact of costs on the returns that retail investors can expect to receive is key to allowing investors to make informed investment decisions.
  • The main findings in the report are the following:

    This report aims at facilitating increased participation of retail investors in capital markets by providing consistent EU-wide information on cost and performance of retail investment products.

  • During this webinar you will see a presentation of the reports, which will be followed by a Q&A session.

CI Global Asset Management Announces Completion of ETF and Mutual Fund Mergers and Related ETF Distributions

Monday, April 19, 2021 - 12:00pm

The costs and expenses associated with the mergers were being borne by CI GAM and not the funds.\nCI Global Asset Management is one of Canada\xe2\x80\x99s largest investment management companies.

Key Points: 
  • The costs and expenses associated with the mergers were being borne by CI GAM and not the funds.\nCI Global Asset Management is one of Canada\xe2\x80\x99s largest investment management companies.
  • It offers a wide range of investment products and services and is on the Web at www.ci.com .
  • You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges.
  • Some conditions apply.\nCI Global Asset Management is a registered business name of CI Investments Inc. \xc2\xa9CI Investments Inc. 2021.

Symetra Investment Management (SIM) Becomes Registered Investment Advisor

Thursday, April 15, 2021 - 6:00pm

b"Symetra Financial Corporation today announced that its investment subsidiary, Symetra Investment Management Company (SIM), is now a Registered Investment Advisor (RIA) with the Securities and Exchange Commission.

Key Points: 
  • b"Symetra Financial Corporation today announced that its investment subsidiary, Symetra Investment Management Company (SIM), is now a Registered Investment Advisor (RIA) with the Securities and Exchange Commission.
  • In the near term, we continue to focus on and expand the investment portfolios we manage for Symetra and Sumitomo Life.
  • Ms. Guajardo joined Symetra in March 2020 from MetLife Investment Management\xe2\x80\x99s Private Placement Group, where she was managing director and head of relationship management.
  • He has over 24 years of investment management industry experience and was most recently senior vice president and corporate controller at York Capital Management, an investment adviser to private investment partnerships and offshore investment funds.

The Games Fund Launches to Connect Investors to Established and Emerging Games Markets

Wednesday, April 14, 2021 - 3:12pm

Portfolio companies will be able to use the connections of the fund\'s partners to draw on this often underutilized talent to create games with global appeal.\nThe Games Fund has been established by games industry professionals with substantial development, publishing, operating and investment experience.

Key Points: 
  • Portfolio companies will be able to use the connections of the fund\'s partners to draw on this often underutilized talent to create games with global appeal.\nThe Games Fund has been established by games industry professionals with substantial development, publishing, operating and investment experience.
  • "Initially we were targeting a $30M fund, but we underestimated interest from investors to the games industry and are now well over our initial goal.
  • "The Games Fund is at the forefront of a new generation of video games investors, combining a deep understanding of games development with the best practices of venture capital.
  • "\nFor more information about The Games Fund, please visit www.gamesfund.vc .\nThe Games Fund is an early-stage investment fund targeting video game companies in the U.S. and Europe and offering unique access to game development talent in Central and Eastern Europe.

BCSC alleges Salmon Arm resident committed unregistered investment activity

Friday, April 16, 2021 - 5:00pm

b'VANCOUVER, BC, April 16, 2021 /CNW/ - The British Columbia Securities Commission (BCSC) alleges that a Salmon Arm resident traded in securities and acted as an adviser without being registered.\nBetween 2014 and 2017, Jeffrey Dean Mushaluk was paid a total of $645,750 in commissions for trading and advising with a corporation that offered investment funds.

Key Points: 
  • b'VANCOUVER, BC, April 16, 2021 /CNW/ - The British Columbia Securities Commission (BCSC) alleges that a Salmon Arm resident traded in securities and acted as an adviser without being registered.\nBetween 2014 and 2017, Jeffrey Dean Mushaluk was paid a total of $645,750 in commissions for trading and advising with a corporation that offered investment funds.
  • He collected "Know Your Client" information about the investors, completed paperwork for them and acted as their primary point of contact.
  • He also hosted seminars where he gave potential investors information about the corporation and its investments funds.\nIn addition, he held himself out as a financial and investment advisor.
  • Our mission is to protect and promote the public interest by fostering:\n'

ESMA report highlights liquidity concerns for Alternative Investment Funds

Friday, April 9, 2021 - 12:02am

08 April 2021

Key Points: 
  • 08 April 2021

    Fund Management

    Risk Analysis & Economics - Markets Infrastructure Investors

    The European Securities and Markets Authority (ESMA), the EU securities regulator, today publishes its third annual statistical report on the Alternative Investment Fund (AIF) sector.

  • The report has found that the sector increased by 15% in 2019 to EUR 6.8trn in net assets from EUR 5.9trn in 2018.
  • The main risks faced by the sector relate to a mismatch between the potential liquidity of the assets, and the redemption timeframe offered to investors.
  • This is particularly the case for real estate funds and funds of funds.

Spirit Blockchain Capital Inc. Announces Intention to go Public in Canada and Private Placements

Thursday, April 8, 2021 - 2:00pm

Spirit is a private company incorporated under the laws of British Columbia and has a wholly owned subsidiary, Spirit Blockchain AG, a Swiss Company.

Key Points: 
  • Spirit is a private company incorporated under the laws of British Columbia and has a wholly owned subsidiary, Spirit Blockchain AG, a Swiss Company.
  • Spirit provides investors with direct exposure to the sector, without the technical complexity or constraints of purchasing the underlying crypto assets.
  • Advisory & Research Services for Institutional and private Investors to a global blockchain and digital assets investment product.
  • The proceeds raised in connection with the Private Placement will be used to fund the operations of Spirit and for general working capital.

ESMA report highlights liquidity concerns for Alternative Investment Funds

Thursday, April 8, 2021 - 1:07pm

08 April 2021

Key Points: 
  • 08 April 2021

    Fund Management

    Risk Analysis & Economics - Markets Infrastructure Investors

    The European Securities and Markets Authority (ESMA), the EU securities regulator, today publishes its third annual statistical report on the Alternative Investment Fund (AIF) sector.

  • The report has found that the sector increased by 15% in 2019 to EUR 6.8trn in net assets from EUR 5.9trn in 2018.
  • The main risks faced by the sector relate to a mismatch between the potential liquidity of the assets, and the redemption timeframe offered to investors.
  • This is particularly the case for real estate funds and funds of funds.

Box Announces Strategic Partnership with KKR, Including $500 Million KKR-led Investment

Thursday, April 8, 2021 - 12:00pm

We look forward to adding his expertise to our Board as Box continues innovating and transforming how enterprises work in the digital age.

Key Points: 
  • We look forward to adding his expertise to our Board as Box continues innovating and transforming how enterprises work in the digital age.
  • Box has a highly differentiated product platform with a customer-centric vision that makes it an ideal investment for KKR, said Mr. Park.
  • Current Board Chair and Box CEO Aaron Levie will remain on the Box Board of Directors.
  • KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.

EQS-News: FiCAS AG's World's First Actively Managed Crypto ETP now listed at the Börse Stuttgart

Thursday, April 8, 2021 - 10:00am

Past performance, returns generated through FiCAS and its founder's management strategy, and correct price predictions by FiCAS' founder are not necessarily indicative of future results.

Key Points: 
  • Past performance, returns generated through FiCAS and its founder's management strategy, and correct price predictions by FiCAS' founder are not necessarily indicative of future results.
  • This communication does not constitute an offer of securities for sale in the United States.
  • The investment product described in this press release is intended for retail, professional and institutional investors in Switzerland, Liechtenstein, and in the European Union (excl.
  • Hungary).