SICAV

Bellevue Asset Management AG: If not now, when? Investing in entrepreneurs for stability and growth

Retrieved on: 
Friday, May 6, 2022

Economists have lowered their GDP growth forecasts, but many financial analysts have yet to adjust their earnings models.

Key Points: 
  • Economists have lowered their GDP growth forecasts, but many financial analysts have yet to adjust their earnings models.
  • They first want to see the results and management commentary for the first quarter of 2022, which should improve visibility.
  • Birgitte Olsen, CFA, senior portfolio manager European equities, joined Bellevue Asset Management in 2008 and assumes responsibility for European Equities as well as for institutional mandates.
  • Bellevue Funds (Lux) SICAV is registered in the CNMV registry of foreign collective investment schemes distributed in Spain, under registration number 938.

GAMCO Investors, Inc. Reports Results for the First Quarter 2022

Retrieved on: 
Tuesday, May 3, 2022

- Revenues for the first quarter of 2022 were $69.6 million compared with $67.9 million in the first quarter of 2021.

Key Points: 
  • - Revenues for the first quarter of 2022 were $69.6 million compared with $67.9 million in the first quarter of 2021.
  • Mark-to-market investment losses were $2.6 million in the first quarter of 2022 versus gains of $0.9 million in the first quarter of 2021.
  • Interest expense was $0.8 million in the first quarter of 2022 versus $0.7 million in the first quarter of 2021.
  • GAMCOs effective tax rate for the quarter ended March 31, 2022 was 22.6% versus 29.6% for the quarter ended March 31, 2021.

GAMCO Expects to Report Diluted EPS for the First Quarter 2022 of $0.64 to $0.68 Per Share

Retrieved on: 
Monday, April 18, 2022

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report first quarter 2022 diluted earnings in the range of $0.64 to $0.68 per share versus $0.59 per share for the first quarter of 2021.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report first quarter 2022 diluted earnings in the range of $0.64 to $0.68 per share versus $0.59 per share for the first quarter of 2021.
  • At March 31, 2022, assets under management (AUM) were the same $33.4 billion as March 31, 2021 and were $35.0 billion at December 31, 2021.
  • 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.

GAMCO Commences Tender Offer for up to $10 Million of Its 2-Year Puttable Subordinated Notes Due 2023 At $1,014 Per $1,000 Note

Retrieved on: 
Monday, March 28, 2022

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it commenced a tender offer (the Offer) to purchase for cash up to $10 million aggregate principal amount of its 2-Year Puttable Subordinated Notes due 2023 (CUSIP No.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it commenced a tender offer (the Offer) to purchase for cash up to $10 million aggregate principal amount of its 2-Year Puttable Subordinated Notes due 2023 (CUSIP No.
  • 361438AC8) (the Notes) at a price equal to $1,014 per $1,000 principal amount of validly tendered and not properly withdrawn Notes (Purchase Price).
  • Subject to these conditions, if less than $10 million aggregate principal amount of Notes is validly tendered and not properly withdrawn, we will accept all Notes tendered.
  • The remaining Notes will still be puttable to the Company upon 60 days notice at par.

GAMCO Names Doug Jamieson to Board

Retrieved on: 
Friday, February 4, 2022

GAMCO Investors, Inc. ("GAMCO") (NYSE: GBL) a global leader in diversified financial services announced that it has appointed Douglas R. Jamieson to its Board of Directors.

Key Points: 
  • GAMCO Investors, Inc. ("GAMCO") (NYSE: GBL) a global leader in diversified financial services announced that it has appointed Douglas R. Jamieson to its Board of Directors.
  • Doug Jamieson has been with GAMCO over forty years, having joined the firm in March 1981 as a research analyst.
  • In recent years, GAMCO has successfully integrated new teams of RIAs by providing attractive compensation arrangements and offering finders fees.
  • In 1977, GAMCO launched its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business.

GAMCO Plans to Report 2021 Full Year Results in the Range of $2.71 to $2.77 Per Share

Retrieved on: 
Wednesday, January 19, 2022

For the full year 2021 diluted earnings are expected to be in the range of $2.71 to $2.77 per share versus $2.20 per share for 2020.

Key Points: 
  • For the full year 2021 diluted earnings are expected to be in the range of $2.71 to $2.77 per share versus $2.20 per share for 2020.
  • Assets under management (AUM) were $35.0 billion at December 31, 2021 as compared to $32.6 billion at December 31, 2020.
  • Equity AUM were $33.2 billion at December 31, 2021 as compared to $30.2 billion at December 31, 2020.
  • GAMCO will be issuing further details on its financial results in early February.

Northern Trust Appointed by BlueBox Asset Management to Provide Asset Servicing Solutions to its SICAV Fund

Retrieved on: 
Wednesday, December 8, 2021

Northern Trust (Nasdaq: NTRS) has been appointed to provide fund administration, depositary, global custody and Integrated Trading Solutions (ITS) to BlueBox Asset Managements Luxembourg-domiciled BlueBox Global Technology Fund.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) has been appointed to provide fund administration, depositary, global custody and Integrated Trading Solutions (ITS) to BlueBox Asset Managements Luxembourg-domiciled BlueBox Global Technology Fund.
  • Luis Viveros, managing director of BlueBox Asset Management, said: Northern Trust demonstrated a differentiated approach to supporting BlueBox Asset Management and our investors through a superior client service experience and focused consultative engagement.
  • In addition to Northern Trust providing fund administration, custody and depositary services to the Luxembourg SICAV, Northern Trust Capital Markets is providing Integrated Trading Solutions (ITS).
  • Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.

GAMCO Announces $0.50 Per Share Shareholder Designated Charitable Contribution

Retrieved on: 
Monday, November 29, 2021

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that its Board of Directors approved a $0.50 per share shareholder designated charitable contribution (SDCC).

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that its Board of Directors approved a $0.50 per share shareholder designated charitable contribution (SDCC).
  • As an organization, GAMCO has no control over the donations, our shareholders will direct us where to send the funds.
  • GAMCO will distribute a charitable contribution forms to all registered shareholders after December 21st.
  • Completed forms must be returned to GAMCO no later than January 21, 2022, for the charitable contribution to be made.

EQS-News: Bellevue Asset Management AG: Systematic focus on sustainability and change of name - BB Entrepreneur Europe Fund is now Bellevue Sustainable Entrepreneur Europe

Retrieved on: 
Friday, November 26, 2021

The specialty investment manager is now aligning its BB Entrepreneur Europe Fund even more closely with sustainability criteria and has therefore renamed this fund the Bellevue Sustainable Entrepreneur Europe Fund.

Key Points: 
  • The specialty investment manager is now aligning its BB Entrepreneur Europe Fund even more closely with sustainability criteria and has therefore renamed this fund the Bellevue Sustainable Entrepreneur Europe Fund.
  • The fund was awarded the FNG Label, one of the leading standards for sustainable investment vehicles in German-speaking Europe, in November.
  • As a signatory to the UN PRI, Bellevue Asset Management has committed itself to high standards in terms of transparency and sustainability.
  • They certified that the Bellevue Sustainable Entrepreneur Europe Fund not only met the FNG's minimum criteria, but also scored extra points for meeting supplementary sustainability criteria.

GAMCO Expects to Report Third Quarter 2021 Diluted Earnings of $1.08 to $1.12 Per Share

Retrieved on: 
Friday, October 15, 2021

GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report third quarter 2021 diluted earnings in the range of $1.08 to $1.12 per share versus $0.62 per share for the third quarter of 2020.

Key Points: 
  • GAMCO Investors, Inc. (GAMCO) (NYSE: GBL) announced today that it expects to report third quarter 2021 diluted earnings in the range of $1.08 to $1.12 per share versus $0.62 per share for the third quarter of 2020.
  • Assets under management (AUM) were $33.5 billion at September 30, 2021 as compared to $29.7 billion at September 30, 2020.
  • Equity AUM were $31.9 billion at September 30, 2021 as compared to $26.8 billion at September 30, 2020.
  • In 1977, GAMCO launched its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business.