SICAV

Cohen & Steers SICAV Funds Receive Refinitiv Lipper Performance Awards

Retrieved on: 
Wednesday, May 17, 2023
SICAV, Cohen & Steers, Equity, CNS, Nordic, Cohen, MFM Mirante Fund Management, NYSE, Tourism

LONDON, May 17, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that two of its real estate SICAV funds (collectively "the Funds") have received 2023 Refinitiv Lipper Fund Awards for the funds' strong risk-adjusted performance for the 3-, 5- and 10-year periods, ending December 31, 2022.

Key Points: 
  • LONDON, May 17, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that two of its real estate SICAV funds (collectively "the Funds") have received 2023 Refinitiv Lipper Fund Awards for the funds' strong risk-adjusted performance for the 3-, 5- and 10-year periods, ending December 31, 2022.
  • The Cohen & Steers SICAV Global Real Estate Securities Fund was recognized for the 3-year period in Austria, France, Netherlands, the Nordics and Switzerland.
  • Jon Cheigh, Chief Investment Officer & Head of Global Real Estate, said:
    "The Refinitiv Lipper Awards recognize Cohen & Steers' leading position within listed real estate and our team's ability to deliver consistent excess returns for our clients.
  • This is the fifth consecutive year Lipper has recognized the Cohen & Steers SICAV European Real Estate Securities Fund.

GAMCO Investors, Inc. (“GAMI”) Reports Results for the First Quarter 2023

Retrieved on: 
Tuesday, May 9, 2023
Harvard Club of New York, SICAV, Defense, SALT, Mario Gabelli, Berkshire, ETF, Investment, Wealth, Water, Conference, NYSE, Video game, Financial adviser, Cryptocurrency, Holding company

Revenues for the first quarter of 2023 were $59.9 million compared with $69.6 million in the first quarter of 2022.

Key Points: 
  • Revenues for the first quarter of 2023 were $59.9 million compared with $69.6 million in the first quarter of 2022.
  • Distribution fees from our equity mutual funds and other income were $4.9 million during the first quarter of 2023 and $5.8 million in the prior year quarter.
  • Mark-to-market investment gains were $2.2 million in the first quarter of 2023 versus losses of $2.6 million in the first quarter of 2022.
  • From April 1, 2023, to May 9, 2023, the Company has purchased 34,767 shares at an average price of $19.10 per share.

Apollo Launches New Product Platform for Global Wealth Markets

Retrieved on: 
Tuesday, May 2, 2023
SICAV, APO, Market, Quarter, NYSE, CSSF, Financial services

NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the launch of the Apollo Private Markets SICAV, a Luxembourg-based product platform designed to offer a holistic set of Apollo’s alternative solutions to wealth investors in EMEA, Asia and Latin America, in formats tailored to individuals’ specific needs. The platform received regulatory authorization from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF)1and launches with its first two investment strategies. The launch of the platform marks a significant milestone in the buildout of Apollo’s Global Wealth business in regions outside of the United States.

Key Points: 
  • The platform received regulatory authorization from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF)1and launches with its first two investment strategies.
  • The launch of the platform marks a significant milestone in the buildout of Apollo’s Global Wealth business in regions outside of the United States.
  • The SICAV structure will allow investors to access strategies in their local currency, with lower investment minimums than traditional alternative product offerings.
  • Apollo believes the platform is unique among its peers and demonstrates its commitment to purpose-build a Global Wealth business that serves the distinct needs of individuals.

SalesFocus Solutions Announces the Release of Version 10 of Its MARS Sales Reporting and Data Analytics Platform

Retrieved on: 
Tuesday, March 14, 2023
Marketing, Salesforce, Contact, Organization, Data collection, SICAV, ETF, RIA, SAN, Application development, Thema International Fund, CRM, Sales, Engineering

SAN FRANCISCO, March 14, 2023 /PRNewswire/ -- SalesFocus Solutions, a fintech leader in sales reporting and data analytics for the asset management industry, announced today the release of the enhanced MARS version 10 platform.

Key Points: 
  • SAN FRANCISCO, March 14, 2023 /PRNewswire/ -- SalesFocus Solutions, a fintech leader in sales reporting and data analytics for the asset management industry, announced today the release of the enhanced MARS version 10 platform.
  • The SalesFocus Solutions MARS product suite continues to transform the sales and marketing analytics and reporting landscape for asset managers.
  • The MARS platform includes data collection, data cleansing, sales analytics and distribution reporting across all business lines including mutual funds, UCITs, SICAVs, ETFs, managed accounts, DCIO/retirement platforms and alternative providers.
  • The innovative MARS product design takes business analytics to a new level by leveraging enhanced graphical data visualization techniques to transform sales, asset, contact and activity data into actionable business insights.

Philux Global Group and Subsidiaries to Invest in Saigon Silicon City

Retrieved on: 
Monday, February 27, 2023
Silicon, Long Thanh, SCA, SICAV, SSC, COVID-19, USD, Pharmaceutical industry

New York, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Philux Global Group, Inc. (a/k/a PHI Group, Inc.; www.philuxglobal.com, PHIL), announced today that the Company and two of its subsidiaries have signed an investment commitment agreement with Saigon Silicon City JSC., (“SSC”) a Vietnamese joint stock company, (http://www.saigonsiliconcity.com.vn/home) to provide the required capital for SSC to complete the development and construction plan for over 51 hectares at Lots I6 & I7, Road D1, Saigon High Technology Park, Long Thanh My Ward, District 9, Ho Chi Minh City, Vietnam (https://www.dropbox.com/s/nhd2laqnirpujf4/CLIP%20SSC.mp4?dl=0)

Key Points: 
  • It is expected that within 30 days of the signing of Investment Commitment Agreement, the Company will provide USD 50 million for SSC to resume the implementation of its building plan.
  • Additonal tranches of USD 50 million will be released to SSC at regular intervals as needed to ensure uninterrupted contruction progress.
  • Subject to further satisfactory due diligence, both parties will determine and stipulate the terms and conditions of the investment tranches in writing prior to the release of funds to SSC.
  • Philux Global Group intends to use portions of the USD 4.6 billion from the investment management contracts already committed by certain international ultra-high net worth investment groups as well as additional funds expected to be arranged through Philux Global Funds SCA, SICAV-RAIF to invest in SSC and other select opportunities in Vietnam and elsewhere.

GAMCO Investors, Inc. ("GAMI") Reports Results for the Fourth Quarter and Year Ended December 31, 2022

Retrieved on: 
Wednesday, February 8, 2023
NYSE, United States Department of the Treasury, AUM, ETF, OTCQX, Columbia Business School, Wealth, SDCC, SICAV, Investment, Treasury, Financial adviser, Video game, Cryptocurrency

Revenues for the fourth quarter of 2022 were $61.6 million compared with $81.7 million in the fourth quarter of 2021.

Key Points: 
  • Revenues for the fourth quarter of 2022 were $61.6 million compared with $81.7 million in the fourth quarter of 2021.
  • Investment advisory fees were $56.6 million in the fourth quarter of 2022 versus $75.1 million in the year ago quarter:
    Fund revenues were $37.4 million compared to $46.1 million in the fourth quarter of 2021.
  • We note, on a comparable basis, waiver of CEO compensation bolstered the fourth quarter 2021 operating income by $7.6 million.
  • Interest expense in the fourth quarter of 2022 was $0.3 million (due to the capital lease accounting) versus $0.8 million in the fourth quarter of 2021.

Vietnam-based Thanh Nam Long Company Joins Philux Global Group, Inc. (a/k/a PHI Group, Inc.) to launch Luxembourg-based infrastructure fund for Vietnam

Retrieved on: 
Tuesday, February 7, 2023
Diamond, City, ASEAN, Travel, Long Thanh International Airport, National Investment and Infrastructure Fund, Hope, SICAV, US, PPP, Philosophy, Renewable energy, ADE, Financial services, Transport

As one of the fastest growing economies in ASEAN, Vietnam is currently demanding for more foreign financial investment and technical assistance to narrow its infrastructure gap.

Key Points: 
  • As one of the fastest growing economies in ASEAN, Vietnam is currently demanding for more foreign financial investment and technical assistance to narrow its infrastructure gap.
  • According to the Global Infrastructure Outlook, Vietnam requires an investment of US$605 billion to meet 83 per cent of its infrastructure goals by 2040.
  • Among the sectors that have been given utmost priorities are the urban transportation, road, rail and port infrastructure.
  • PHILUX Global Funds SCA, SICAV-RAIF ( www.philuxfunds.com ), is a Luxembourg-based bank fund with an intent to initially hold “Philux Global Select Growth Fund,” “Philux Energy Fund” and “Philux Infrastructure Fund” for investment in real estate, infrastructure, renewable energy and healthcare as well as the Asia Diamond Exchange (ADE) in the Chu Lai Open Economic Zone, Quang Nam Province, and the Multi-Logistics Center near the new Long Thanh International Airport, Long Thanh District, Vietnam.

iM Global Partner to launch iMGP DBi Managed Futures UCITS fund

Retrieved on: 
Tuesday, November 29, 2022
IMGP World Heavyweight Championship, CCA Global Partners, Bloomberg, Partner, Risk, ETF, Decibel, USD, SICAV, UCITS, Security (finance), Financial services

LUXEMBOURG, Nov. 29, 2022 /PRNewswire/ --iM Global Partner announced it will launch a new UCITS fund, the iMGP DBi Managed Futures Fundwith its Partner, Dynamic Beta investments, to enable European investors to access the increasingly popular managed futures market.

Key Points: 
  • LUXEMBOURG, Nov. 29, 2022 /PRNewswire/ --iM Global Partner announced it will launch a new UCITS fund, the iMGP DBi Managed Futures Fundwith its Partner, Dynamic Beta investments, to enable European investors to access the increasingly popular managed futures market.
  • Dynamic Beta investments (DBi) is a pioneer in hedge fund index replication and is on a mission to bring the diversification benefits of managed futures to a broader investor base, having been appointed sub-Manager of the iMGP DBi Managed Futures Fund, a new sub-fund of the Luxembourg domiciled iMGP SICAV.
  • The new fund seeks to replicate the pre-fee/pre-trading cost returns of 20 leading managed futures hedge funds in a UCITS wrapper.
  • The iMGP DBi Managed Futures fund does not invest directly in hedge funds.

iM Global Partner to launch iMGP DBi Managed Futures UCITS fund

Retrieved on: 
Tuesday, November 29, 2022
IMGP World Heavyweight Championship, CCA Global Partners, Bloomberg, Partner, Risk, ETF, Decibel, USD, SICAV, UCITS, Security (finance), Financial services

LUXEMBOURG, Nov. 29, 2022 /PRNewswire/ --iM Global Partner announced it will launch a new UCITS fund, the iMGP DBi Managed Futures Fundwith its Partner, Dynamic Beta investments, to enable European investors to access the increasingly popular managed futures market.

Key Points: 
  • LUXEMBOURG, Nov. 29, 2022 /PRNewswire/ --iM Global Partner announced it will launch a new UCITS fund, the iMGP DBi Managed Futures Fundwith its Partner, Dynamic Beta investments, to enable European investors to access the increasingly popular managed futures market.
  • Dynamic Beta investments (DBi) is a pioneer in hedge fund index replication and is on a mission to bring the diversification benefits of managed futures to a broader investor base, having been appointed sub-Manager of the iMGP DBi Managed Futures Fund, a new sub-fund of the Luxembourg domiciled iMGP SICAV.
  • The new fund seeks to replicate the pre-fee/pre-trading cost returns of 20 leading managed futures hedge funds in a UCITS wrapper.
  • The iMGP DBi Managed Futures fund does not invest directly in hedge funds.

Bellevue Asset Management AG: Africa investments: Solid fundamentals contrast with low stock valuations

Retrieved on: 
Tuesday, November 29, 2022
COVID-19, Growth, Judgement, Insulin, South African Breweries, Diageo, Post office box, CNMV, FMCG, International Bank, Acceleration, Risk, Hospital, SIX Swiss Exchange, Capital, SICAV, Prospectus, House, Investment, East African Breweries, Spring, Lux, Vitol, Annual report, AG, Research, Commercial, CHF, TEL, Bank, Pharmaceutical industry, Renewable energy, USD, Kingdom, Vivo Energy

In Morocco, some companies in the consumers or healthcare complex were outright bullish, expecting double-digits earnings growth this year and beyond.

Key Points: 
  • In Morocco, some companies in the consumers or healthcare complex were outright bullish, expecting double-digits earnings growth this year and beyond.
  • Despite all these issues, the bank grew its earnings by 11% every year between 2011 and 2021 in USD terms.
  • A low valuation, earnings resilience and attractive growth outlook are part of the recipe for a re-rating in African equities.
  • Bellevue Funds (Lux) SICAV is registered in the CNMV registry of foreign collective investment schemes distributed in Spain, under registration number 938.