Lux

Medical technology back on track

Retrieved on: 
Wednesday, March 13, 2024

The broad healthcare sector and the medical technology sector, buoyed by resurgent investor interest, delivered even better returns.

Key Points: 
  • The broad healthcare sector and the medical technology sector, buoyed by resurgent investor interest, delivered even better returns.
  • “We also anticipate a big boost in growth from the increasing use of artificial intelligence in the medical technology and healthcare services industries,” Stefan Blum adds.
  • These were generally characterized by strong growth momentum in surgical procedures and an optimistic outlook for the 2024 fiscal year,” Marcel Fritsch comments.
  • Elevance, which is focused on employer-sponsored health insurance plans, reported better-than-expected profits thanks to a drop in medical costs and an increase in management’s earnings guidance for 2024.

Ranieri Solutions Welcomes Industry Veteran Rob Lux As CEO

Retrieved on: 
Wednesday, January 17, 2024

Ranieri Solutions , which has been developing a platform to address the antiquated state of mortgage servicing technology, today announced the appointment of Rob Lux as its Chief Executive Officer.

Key Points: 
  • Ranieri Solutions , which has been developing a platform to address the antiquated state of mortgage servicing technology, today announced the appointment of Rob Lux as its Chief Executive Officer.
  • In his new role, Lux will spearhead the company's go-to-market efforts for its cloud-native servicing platform.
  • “The business of servicing has long since outgrown available technology which increases borrower dissatisfaction, exposure to risk, inefficiencies, and operating costs,” commented Lewis Ranieri, Founder & Chairman.
  • The strength of the SAP Fioneer platform and the depth of Mortgage and Servicing knowledge at Ranieri is what this industry needs.”
    “I am both thrilled and humbled to have the opportunity to work with Lewis Ranieri, a legendary innovator who transformed our industry.

Investing in the future of the healthcare industry: Bellevue launches innovative AI Health Fund

Retrieved on: 
Wednesday, January 17, 2024

Investing in the future of the healthcare industry: Bellevue launches innovative AI Health Fund

Key Points: 
  • Investing in the future of the healthcare industry: Bellevue launches innovative AI Health Fund
    Media release of January 15, 2024
    Investing in the future of the healthcare industry: Bellevue launches innovative AI Health Fund
    Generative Artificial Intelligence (GenAI) is bringing about an unprecedented technological transformation.
  • “The investment approach we are taking with the Bellevue AI Health (Lux) Fund that was launched on November 30, 2023 is different.
  • Healthcare will benefit greatly from GenAI,” says Co-Portfolio Manager Stefan Blum, which explains the rationale behind the launch of Bellevue Asset Management's latest healthcare fund.
  • The IT-related risks of implementing AI in healthcare are more calculable than in other industries because healthcare is such a highly regulated market.

Georgetown Study Reveals Potential Credit Resolutions for the Unbanked and Underbanked

Retrieved on: 
Thursday, January 11, 2024

WASHINGTON, Jan. 11, 2024 /PRNewswire/ -- The Psaros Center for Financial Markets and Policy at Georgetown University's McDonough School of Business announced a new study revealing potential credit resolutions for the unbanked and underbanked.

Key Points: 
  • Bank accounts, utilities, and short-term loan data among alternative data sources;
    Not generally included in scores from the three major U.S. credit bureaus
    WASHINGTON, Jan. 11, 2024 /PRNewswire/ -- The Psaros Center for Financial Markets and Policy at Georgetown University's McDonough School of Business announced a new study revealing potential credit resolutions for the unbanked and underbanked.
  • New Georgetown Psaros Center study reveals potential credit resolutions for the unbanked and underbanked.
  • Typically, credit scores have primarily focused on more traditional borrowing products such as credit card payments and mortgages.
  • Approximately 13% of adult Americans are underbanked, and 6% are unbanked, according to data from the Federal Reserve System.

Middle West Spirits Completes Distillery Expansion: 10x Capacity Will Serve Growing Demand for the Brand's Products and Custom Distilling Partnership Program

Retrieved on: 
Monday, January 8, 2024

COLUMBUS, Ohio, Jan. 8, 2024 /PRNewswire-PRWeb/ -- Middle West Spirits has completed a new world-class distillery in Columbus, Ohio, making it one of the largest independent distillers in North America. The expansion increased distillation capacity by tenfold, adding a state-of-the-art 75,000-square-foot distillery along with grain processing and bottling facilities to supplement the capacity of its original distillery on Courtland Avenue in the Short North District.

Key Points: 
  • The expansion increased distillation capacity by tenfold, adding a state-of-the-art 75,000-square-foot distillery along with grain processing and bottling facilities to supplement the capacity of its original distillery.
  • COLUMBUS, Ohio, Jan. 8, 2024 /PRNewswire-PRWeb/ -- Middle West Spirits has completed a new world-class distillery in Columbus, Ohio, making it one of the largest independent distillers in North America.
  • Middle West Spirits' partnership team has collaborated with dozens of companies such as Horse Soldier and Old Line Spirits, to develop unique products.
  • For more information about becoming a Middle West Spirits custom distilling partner, please visit https://middlewestspirits.com/partnership/ .

JLab Introduces its First Luxury Wireless Headphones

Retrieved on: 
Wednesday, January 3, 2024

San Diego, CA, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Today in advance of CES 2024®, award-winning designer of personal audio technology JLab , introduced the JBuds Lux ANC Wireless Headphones .

Key Points: 
  • San Diego, CA, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Today in advance of CES 2024®, award-winning designer of personal audio technology JLab , introduced the JBuds Lux ANC Wireless Headphones .
  • “The JBuds Lux ANC wireless headphones redefine the category, demonstrating how much is possible at a relatively low entry point.
  • The JBuds Lux ANC Wireless Headphones are foldable for easy storage and feature incredibly soft and comfortable rotating Cloud Foam Earcups and Headband.
  • JLab’s commitment to innovation and dedication to affordability sets the JBuds Lux ANC Wireless Headphones apart as the go-to choice for serious and casual listeners, alike.

Bellevue Asset Management AG: Trend reversal ahead for small and mid caps?

Retrieved on: 
Thursday, December 21, 2023

Bellevue Asset Management AG: Trend reversal ahead for small and mid caps?

Key Points: 
  • Bellevue Asset Management AG: Trend reversal ahead for small and mid caps?
  • Trend reversal ahead for small and mid caps?
  • There is a good chance that small and mid caps will continue to gain ground over large caps.
  • Macro stability in China and the expected winding down of inventory destocking could also add some tailwind to the anticipated trend reversal in small and mid caps.

Bellevue Asset Management AG – Are healthcare stocks poised for a comeback?

Retrieved on: 
Thursday, December 21, 2023

Bellevue Asset Management AG – Are healthcare stocks poised for a comeback?

Key Points: 
  • Bellevue Asset Management AG – Are healthcare stocks poised for a comeback?
  • In his investment outlook for 2024, Cyrill Zimmermann, a member of Bellevue Asset Management’s Executive Board and Head of Healthcare Funds & Mandates, explains why it is probably only a matter of time before healthcare stocks are rediscovered by the wider investment community.
  • In view of this dynamic situation, Bellevue Asset Management launched Bellevue Obesity Solutions in November, a fund that invests in the most attractive companies across the entire value chain for obesity treatment and management.
  • Dr. Cyrill Zimmermann is Head of Healthcare Funds & Mandates and a member of the Executive Board of Bellevue Asset Management.

ANNKE Unleashes Up to 50% Off Christmas Deal 2023 on Security Cameras and Systems

Retrieved on: 
Wednesday, December 13, 2023

LOS ANGELES, Dec. 13, 2023 /PRNewswire/ -- ANNKE, a leading provider of high-quality home and business security solutions, announced its anticipated Christmas Sale.

Key Points: 
  • LOS ANGELES, Dec. 13, 2023 /PRNewswire/ -- ANNKE, a leading provider of high-quality home and business security solutions, announced its anticipated Christmas Sale.
  • ANNKE is offering a direct sale discount of up to 50% off on security cameras and up to 15% off with the discount code MERRYXMAS15 on security systems.
  • This sale is applicable to a wide range of the latest model security cameras, with over 30 different designs to choose from.
  • Highlighting the quality of ANNKE's products, Wired has included the Annke NC800 in its list of the best outdoor security cameras.

Bellevue Asset Management launches Obesity Solutions Fund

Retrieved on: 
Thursday, December 14, 2023

The Bellevue Obesity Solutions Fund opens a completely new avenue for healthcare investors,» says Christian Lach, the fund's lead portfolio manager.

Key Points: 
  • The Bellevue Obesity Solutions Fund opens a completely new avenue for healthcare investors,» says Christian Lach, the fund's lead portfolio manager.
  • It ranges from obesity prevention, diagnostics, and treatment of obesity to the treatment of myriad related health conditions.
  • Bellevue Obesity Solutions, an actively managed and global equity fund, is exclusively focused on this mega trend.
  • The portfolio management team of the Bellevue Obesity Solutions (Lux) Fund consists of Christian Lach, Lukas Leu and Oliver Kubli, all healthcare investment specialists with many years of experience.