SICAV

Amundi Index Solutions: NOTICE TO SHAREHOLDERS of the share class “AMUNDI MSCI UK IMI SRI PAB UCITS ETF DR - GBP (C)” “LU1437025296”

Retrieved on: 
Friday, September 23, 2022

We inform you that the board of directors of the SICAV (the Board) has decided to proceed with a split of the shares of the class of shares AMUNDI MSCI UK IMI SRI PAB UCITS ETF DR - GBP (C) (ISIN: LU1437025296) (the Share Class).

Key Points: 
  • We inform you that the board of directors of the SICAV (the Board) has decided to proceed with a split of the shares of the class of shares AMUNDI MSCI UK IMI SRI PAB UCITS ETF DR - GBP (C) (ISIN: LU1437025296) (the Share Class).
  • The Board has therefore resolved to divide by 60 the Net Asset Value (the NAV) per share of the Share Class and to simultaneously multiply by 60 the number of shares of the Share Class held by each shareholder.
  • As a result, one share initially held in the Share Class will correspond, following the split, to 60 shares of the Share Class with a NAV of a sixtieth of its NAV before the split.
  • To operate the share split, subscriptions and redemptions will be suspended on the Primary Market from 23/09/2022 to 27/09/2022 (both included).

Amundi Index Solutions: NOTICE TO SHAREHOLDERS of the share class “AMUNDI MSCI SWITZERLAND UCITS ETF - CHF (C)” “LU1681044993”

Retrieved on: 
Friday, September 23, 2022

We inform you that the board of directors of the SICAV (the Board) has decided to proceed with a split of the shares of the class of shares AMUNDI MSCI SWITZERLAND UCITS ETF - CHF (C) (ISIN: LU1681044993) (the Share Class).

Key Points: 
  • We inform you that the board of directors of the SICAV (the Board) has decided to proceed with a split of the shares of the class of shares AMUNDI MSCI SWITZERLAND UCITS ETF - CHF (C) (ISIN: LU1681044993) (the Share Class).
  • The Board has therefore resolved to divide by 40 the Net Asset Value (the NAV) per share of the Share Class and to simultaneously multiply by 40 the number of shares of the Share Class held by each shareholder.
  • As a result, one share initially held in the Share Class will correspond, following the split, to 40 shares of the Share Class with a NAV of a fortieth of its NAV before the split.
  • To operate the share split, subscriptions and redemptions will be suspended on the Primary Market from 23/09/2022 to 27/09/2022 (both included).

GAMCO Update on Net Cash after Paying Debt

Retrieved on: 
Monday, September 19, 2022

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that GAMCO has $117 million of cash and cash equivalents and no debt subsequent to the September 15, 2022 payment of the $33.7 million principal amount of its subordinated notes due June 15, 2023.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that GAMCO has $117 million of cash and cash equivalents and no debt subsequent to the September 15, 2022 payment of the $33.7 million principal amount of its subordinated notes due June 15, 2023.
  • GAMCO serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
  • GAMCO offers a wide range of solutions for clients across Value and Growth Equity, ESG, Convertibles, actively managed semi-transparent ETFs, sector-focused strategies including Gold and Utilities, Merger Arbitrage, and Fixed Income.
  • In 1977, GAMCO started its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business.

GAMCO Investors, Inc. Announces Voluntary NYSE Delisting and SEC Deregistration

Retrieved on: 
Friday, September 16, 2022

Following the de-listing from the NYSE, we expect to provide liquidity to GAMCOs Class A stock shareholders by listing GAMCO Class A on the OTCQX platform (the OTCQX).

Key Points: 
  • Following the de-listing from the NYSE, we expect to provide liquidity to GAMCOs Class A stock shareholders by listing GAMCO Class A on the OTCQX platform (the OTCQX).
  • GAMCO plans on filing a Form 25 with the U.S. Securities and Exchange Commission (the SEC) on or about September 26, 2022.
  • The last day of trading in GAMCOs common stock on the NYSE will be on or about October 6, 2022, when the Form 25 takes effect.
  • In recent years, GAMCO has successfully integrated new teams of RIAs by providing attractive compensation arrangements and extensive research capabilities.

PHI GROUP TO PARTICIPATE IN INFRASTRUCTURE PROJECTS IN VIETNAM

Retrieved on: 
Monday, September 12, 2022

The Company plans to set up and deploy its Philux Global Infrastructure Fund compartment under the umbrella of PHILUX Global Funds SCA, SICAV-RAIF, a group of Luxembourg-registered bank funds, to invest in a number of selective infrastructure projects in Vietnam and other ASEAN nations.

Key Points: 
  • The Company plans to set up and deploy its Philux Global Infrastructure Fund compartment under the umbrella of PHILUX Global Funds SCA, SICAV-RAIF, a group of Luxembourg-registered bank funds, to invest in a number of selective infrastructure projects in Vietnam and other ASEAN nations.
  • Being one of the fastest growing economies in Southeast Asia region, Vietnam is currently lagging behind in terms of infrastructure and needing lots of foreign financial investment and technical assistance to narrow such gap.
  • Per Global Infrastructure Outlook, Vietnam may require total investments of US$605 billion to meet 83 per cent of its infrastructure goals by 2040, and urban transportation, road, rail and port infrastructure are amongst the sectors of top investment priorities.
  • PHI Group, Inc. (n/k/a Philux Global Group Inc., www.phiglobal.com , PHIL ) primarily focuses on PHILUX Global Funds, a group of Luxembourg bank funds organized as Reserved Alternative Investment Fund (RAIF) ( www.philuxfunds.com ) , and building the Asia Diamond Exchange (ADE) in Vietnam.

Bellevue Asset Management AG: Medtech & Services sector lives up to its reputation

Retrieved on: 
Thursday, September 1, 2022

Although the medtech sector is not entirely immune to recessionary forces, inflation or interest rate trends, recent statements from medtech company executives have confirmed that the medtech and services sector can still be regarded as a safe haven in times of trouble.

Key Points: 
  • Although the medtech sector is not entirely immune to recessionary forces, inflation or interest rate trends, recent statements from medtech company executives have confirmed that the medtech and services sector can still be regarded as a safe haven in times of trouble.
  • Looking back at 2008/09, during the last major recession, most medtech companies continued to report positive sales and earnings growth.
  • The Bellevue Medtech & Services Fund (ISIN B-EUR LU0415391431) invests in the entire healthcare market with the exception of drug developers.
  • Marcel Fritsch joined Bellevue Asset Management in 2008 and is Portfolio Manager of the Bellevue Medtech & Services Fund and the Bellevue Digital Health Fund.

Bellevue Asset Management AG: Asia’s rapidly expanding healthcare market

Retrieved on: 
Thursday, August 18, 2022

Oliver Kubli, Portfolio Manager, Bellevue Asia Pacific Healthcare Fund, Bellevue Asset Management

Key Points: 
  • Oliver Kubli, Portfolio Manager, Bellevue Asia Pacific Healthcare Fund, Bellevue Asset Management
    The healthcare market in emerging Asian economies is a giant growth market.
  • Emerging Asian countries have been particularly active in pursuing sweeping healthcare reforms, in order to keep up with exploding demand.
  • Despite the occasionally brutal stock market sell-offs, Chinese healthcare stocks have outperformed the US stock market by more than 1 000 percent over the past 18 years.
  • About 40% of the Bellevue Asia Pacific Healthcare Fund (ISIN B-USD LU1587984847) is currently invested in China.

GAMCO Calls Subordinated Notes

Retrieved on: 
Tuesday, August 9, 2022

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it has elected to call the remaining $33.7 million principal amount of its subordinated notes due June 15, 2023 (CUSIP No.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it has elected to call the remaining $33.7 million principal amount of its subordinated notes due June 15, 2023 (CUSIP No.
  • 361438AC8) (the Notes) at a price equal to $1,012.50 per $1,000 principal amount, which includes accrued and unpaid interest on such Notes through the September 15, 2022 payment date at the stated rate of 5.00% per annum.
  • The Notes were issued to GAMCO shareholders as a special dividend of $2.00 per share in June 2021.
  • GAMCO intends to fund the Notes repayment with cash on hand.

GAMCO Adding Doug Jamieson to Office of the CEO

Retrieved on: 
Wednesday, August 3, 2022

GAMCO Investors, Inc. ("GAMCO") (NYSE: GBL) a global leader in diversified financial services announced that it has created an Office of the CEO, and added Doug Jamieson to the role.

Key Points: 
  • GAMCO Investors, Inc. ("GAMCO") (NYSE: GBL) a global leader in diversified financial services announced that it has created an Office of the CEO, and added Doug Jamieson to the role.
  • Commenting on the addition, Mario Gabelli, Chair stated, I am pleased to have Doug Jamieson join me in the Office of the CEO.
  • His forty years of experience with GAMCO will continue to benefit all of our clients, teammates and stakeholders.
  • Doug Jamieson joined the firm in March 1981 as a research analyst.

GAMCO Expects to Report Diluted EPS for the Second Quarter 2022 of $0.62 to $0.67 Per Share

Retrieved on: 
Friday, July 22, 2022

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report second quarter 2022 diluted earnings in the range of $0.62 to $0.67 per share versus $0.64 per share for the second quarter of 2021.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report second quarter 2022 diluted earnings in the range of $0.62 to $0.67 per share versus $0.64 per share for the second quarter of 2021.
  • Assets under management were $28.7 billion at June 30, 2022 as compared to $33.4 billion at March 31, 2022.
  • GAMCO serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
  • In 1977, GAMCO started its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business.