Liquid alternative investment

EQS-News: DWS 2022: Solid Results and Increasing Management Fees in Extraordinarily Challenging Environment

Retrieved on: 
Thursday, February 2, 2023

Despite adverse market developments, DWS was able to generate revenues virtually at the level of the previous record year while maintaining a strict cost management.

Key Points: 
  • Despite adverse market developments, DWS was able to generate revenues virtually at the level of the previous record year while maintaining a strict cost management.
  • Despite the adverse environment, DWS achieved solid financial results in 2022.
  • The DWS Executive Board will propose an attractive and competitive dividend of EUR 2.05 per share for the 2022 financial year.
  • Thanks to strict cost management, DWS’ adjusted cost base rose only slightly by 3 percent y-o-y despite investments into growth and inflation pressure.

EQS-News: Q3 2022: DWS with Higher Revenues and Return to Net Inflows in Challenging Environment

Retrieved on: 
Friday, October 28, 2022

We saw a sustained demand from our clients for high-margin alternative investments, which attracted significant inflows year-to-date, and the expected return to net inflows into Cash products in Q3.

Key Points: 
  • We saw a sustained demand from our clients for high-margin alternative investments, which attracted significant inflows year-to-date, and the expected return to net inflows into Cash products in Q3.
  • Revenues were up by 7 percent year-on-year driven primarily by higher management fees and up in the third quarter by 3 percent quarter-on-quarter.
  • Total revenues increased quarter-on-quarter by 3 percent to EUR 689 million in Q3 2022 (Q2 2022: EUR 671 million; Q3 2021: EUR 664 million).
  • Multi Asset saw net outflows of minus EUR 0.5 billion despite continued inflows in flagship fund DWS Concept Kaldemorgen.

DGAP-News: Q2 2022: DWS Stays Resilient with Strong Financial Results in Turbulent Markets

Retrieved on: 
Wednesday, July 27, 2022

Despite the negative environment, DWS delivered once more strong financial results in the first half of 2022.

Key Points: 
  • Despite the negative environment, DWS delivered once more strong financial results in the first half of 2022.
  • Our adjusted Cost-Income Ratio of 59.3 percent in Q2 and 59.4 percent in H1 is at a very good level.
  • Total revenues decreased quarter-on-quarter slightly by 3 percent to EUR 671 million in Q2 2022 (Q1 2022: EUR 689 million; Q2 2021: EUR 625 million).
  • After tax, DWS posted a 17 percent lower net income of EUR 155 million for the second quarter 2022 (Q1 2022: EUR 186 million; Q2 2021: EUR 172 million).

DGAP-News: Q1 2022: DWS With Resilience and Strong Financial Results

Retrieved on: 
Wednesday, April 27, 2022

However, this was accompanied by a good mix of our quarterly net flows leading to strong net new revenues.

Key Points: 
  • However, this was accompanied by a good mix of our quarterly net flows leading to strong net new revenues.
  • Despite the clearly deteriorated environment, DWS delivered again strong financial results in the first quarter of 2022.
  • Total revenues decreased quarter-on-quarter by 14 percent to EUR 689 million in Q1 2022 (Q4 2021: EUR 797 million; Q1 2021: EUR 634 million).
  • After tax, DWS posted a quarter-on-quarter 28 percent lower net income of EUR 186 million for the first quarter 2022.

DGAP-News: Cardea Europe AG: Signing of a letter of intent to acquire a majority stake in a Luxembourg-based Asset Managing Company

Retrieved on: 
Monday, December 20, 2021

Cardea Europe AG ("Cardea") Frankfurt am Main, Germany, part of Cardea Corporate Holdings Inc., today announced that it has signed a letter of intent to acquire a majority stake in a Luxembourg-based Asset Manager (the "Target").

Key Points: 
  • Cardea Europe AG ("Cardea") Frankfurt am Main, Germany, part of Cardea Corporate Holdings Inc., today announced that it has signed a letter of intent to acquire a majority stake in a Luxembourg-based Asset Manager (the "Target").
  • The fund disciplines are focused around Long-Short, Absolute Return, and Liquid Alternatives in addition to Italy-focused balanced strategies.
  • Cardea is a global asset management firm with offices in Atlanta, London, Barcelona and Frankfurt and more than $3.2 Billion of Assets Under Management.
  • Through its subsidiaries, Cardea Capital Group and Cardea Capital Advisors, both SEC registered investment advisors, Cardea offers wealth management, institutional advisory, turnkey asset management platform services and advisory services to both financial advisors and individual investors.

Ninepoint Partners Announces Distribution Agreement with Global Alternatives Investment Manager LGT Capital Partners

The investment strategy is based on the approach LGT Capital Partners uses to manage the alternative assets for one of Europes largest endowment funds.

Key Points: 
  • The investment strategy is based on the approach LGT Capital Partners uses to manage the alternative assets for one of Europes largest endowment funds.
  • Environmental, social, and corporate governance is an integral part of the strategy and LGT Capital Partners is committed to sustainable and impact investing.
  • We look forward to partnering with Ninepoint, said Pius Fritschi, Managing Partner at LGT Capital Partners.
  • We are excited to collaborate with such an esteemed firm as LGT Capital Partners, said James Fox, Ninepoint Partners co-CEO and Managing Partner.

PenderFund Capital Management Ltd Welcomes A New Portfolio Manager

Retrieved on: 
Tuesday, September 7, 2021

VANCOUVER, British Columbia, Sept. 07, 2021 (GLOBE NEWSWIRE) -- PenderFund Capital Management Ltd. (Pender) is pleased to announce that Justin Jacobsen, CFA, has joined the companys investment team as a Portfolio Manager.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 07, 2021 (GLOBE NEWSWIRE) -- PenderFund Capital Management Ltd. (Pender) is pleased to announce that Justin Jacobsen, CFA, has joined the companys investment team as a Portfolio Manager.
  • Justin began his investment career in 2008 and most recently worked as a Senior Portfolio Manager at BC Investment Management Corp (BCI).
  • Justin is focused on uncovering the best risk-adjusted opportunities in every market cycle and dynamically adjusting portfolio positioning for market environments to protect and grow capital.
  • About PenderFund Capital Management Ltd.
    Pender was founded in 2003 and is an independent, employee-owned investment firm located in Vancouver, British Columbia.

AlphaMaven Launches Disruptive Alternative Investment Listing Service

Retrieved on: 
Monday, March 15, 2021

DARIEN, Conn., March 15, 2021 /PRNewswire/ -- AlphaMaven [ https://alpha-maven.com ], the most visited Alternative Investment Industry website, formally launched Investment Listings with over 100 funds and managed accounts.

Key Points: 
  • DARIEN, Conn., March 15, 2021 /PRNewswire/ -- AlphaMaven [ https://alpha-maven.com ], the most visited Alternative Investment Industry website, formally launched Investment Listings with over 100 funds and managed accounts.
  • Managers participating in the launch cover a broad cross section of the Alternative Investment universe, including Hedge Funds, CTAs, Venture Capital Funds, Private Equity Funds, Real Estate investments, and Cryptocurrency/Blockchain Investments.
  • AlphaMaven's primary mission is to help investors cost-effectively build and maintain diversified portfolios that include Alternative Investments.
  • AlphaMaven offers a first-of-its-kind interactive content platform specifically designed to help investors find alpha.

Alternative Specialist, ITERAM Capital, Granted Asset Manager Licence

Retrieved on: 
Wednesday, January 13, 2021

This new licence is an addition to the company's current licence of providing representation services for foreign collective investment schemes to qualified investors in Switzerland received in 2017.

Key Points: 
  • This new licence is an addition to the company's current licence of providing representation services for foreign collective investment schemes to qualified investors in Switzerland received in 2017.
  • With these two authorizations, ITERAM aims to become a leading alternative asset manager player covering private markets, hedge funds, and liquid fund alternatives.
  • Commenting on this new licence, Manuel Garzelli, Partner and CEO of ITERAM, said: A major milestone has been achieved at ITERAM.
  • The company acts as the investment manager for several Luxembourg based funds and offers alternative investment advisory, financing and research services.

Galaxy Plus Adds Multiple Fund Managers to Managed Account Platform, Announces New Ownership

Retrieved on: 
Wednesday, December 9, 2020

CHICAGO, Dec. 9, 2020 /PRNewswire/ -- Galaxy Plus , a platform for managers and investors providing an institutional level, "managed account like" experience in alternative assets, today announced the addition of four new fund managers available on the Galaxy Plus Platform.

Key Points: 
  • CHICAGO, Dec. 9, 2020 /PRNewswire/ -- Galaxy Plus , a platform for managers and investors providing an institutional level, "managed account like" experience in alternative assets, today announced the addition of four new fund managers available on the Galaxy Plus Platform.
  • These managers join a diverse offering of alternative investment vehicles from over 30 different fund managers that includes managed futures, commodities, hedge funds, foreign equities and derivatives contracts.
  • In August, Gemini Alternative Funds, LLC and its Galaxy Plus Platform were acquired by New Hyde Park Alts from Ultimus Fund Solutions.
  • Galaxy Plus is a managed account platform for managers and investors providing an institutional level, "managed account like" experience in alternative assets.