Om | Jotup

CSI 2000 ETFs Gaining Attention Amidst RMB 400 Billion China ETF Market Growth

Retrieved on:

Friday, September 22, 2023

STAR, Policy, Growth, Yoy, E Fund Management (Hong Kong) Co., Limited, ETF, Om, Attention, E Fund Management, CSI, USD, ChiNext, Financial adviser, Cryptocurrency, Wind

According to China Galaxy Research Institute, the AuM of China equity ETFs reached a record high of USD 238 billion on September 4th.

Key Points:

According to China Galaxy Research Institute, the AuM of China equity ETFs reached a record high of USD 238 billion on September 4th.
A boost of ETF listings was observed since this year and E Fund Management ("E Fund"), the largest fund manager in China, became the biggest ETF issuer with 13 new ETF launches, including those tracking CSI 2000 index and STAR Growth index.
As of September 11th, a substantial AuM increase of USD 56 billion was observed, demonstrating a robust growth in Chinese ETFs.
The CSI 2000 index, tracking the performance of small and micro-cap listed companies, is gaining attention since its release on August 11th with annualized return at 9.34% since 2014.

CSI 2000 ETFs Gaining Attention Amidst RMB 400 Billion China ETF Market Growth

Retrieved on:

Friday, September 22, 2023

STAR, Policy, Growth, Yoy, E Fund Management (Hong Kong) Co., Limited, ETF, Om, Attention, E Fund Management, CSI, USD, ChiNext, Financial adviser, Cryptocurrency, Wind

According to China Galaxy Research Institute, the AuM of China equity ETFs reached a record high of USD 238 billion on September 4th.

Key Points:

According to China Galaxy Research Institute, the AuM of China equity ETFs reached a record high of USD 238 billion on September 4th.
A boost of ETF listings was observed since this year and E Fund Management ("E Fund"), the largest fund manager in China, became the biggest ETF issuer with 13 new ETF launches, including those tracking CSI 2000 index and STAR Growth index.
As of September 11th, a substantial AuM increase of USD 56 billion was observed, demonstrating a robust growth in Chinese ETFs.
The CSI 2000 index, tracking the performance of small and micro-cap listed companies, is gaining attention since its release on August 11th with annualized return at 9.34% since 2014.

NewGAMe investor group names industry veteran as GAM CEO candidate

Retrieved on:

Wednesday, August 30, 2023

Geneva, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] (“GAM”), has named Randel (“Randy”) Freeman as its candidate for Chief Executive Officer of GAM.

Key Points:

Geneva, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] (“GAM”), has named Randel (“Randy”) Freeman as its candidate for Chief Executive Officer of GAM.
Mr Freeman began his career in Europe in 1995 co-managing an internal hedge fund group at Banque Paribas.
In 2000, he and his partner spun it out to create Centaurus Capital, one of the first hedge funds in Europe.
Antoine Spillmann, CEO and Partner at Bruellan and the investor group's proposed candidate for chairman of GAM's board, said:
"We are delighted Randy Freeman has agreed to be our candidate for CEO of GAM.

ChiNext Continues to Empower Innovation-Driven Enterprises in three-year Registration-Based IPO Reform

Retrieved on:

Monday, August 28, 2023

IPO, Information technology, Om, Risk management, Wind, E Fund Management, USD, ChiNext, E Fund Management (Hong Kong) Co., Limited, ETF, China Securities Regulatory Commission, Yoy, Growth, RMB, Security (finance), Pharmaceutical industry

GUANGZHOU, China, Aug. 28, 2023 /PRNewswire/ -- On August 24th, the ChiNext board celebrated 3rd anniversary of registration-based IPO reform.

Key Points:

GUANGZHOU, China, Aug. 28, 2023 /PRNewswire/ -- On August 24th, the ChiNext board celebrated 3rd anniversary of registration-based IPO reform.
The ChiNext board served as one of the main channels of equity financing for innovation-driven small and medium-sized enterprises whilst the registration system fostered market-oriented development and encouraged investor engagements.
Backed by strong fundamentals, the ChiNext index has gained the attention of investors during the market swing.
In July 2022, the inclusion of E Fund ChiNext ETF to the ETF connect program allowed foreign investors to invest in the ChiNext board.

ChiNext Continues to Empower Innovation-Driven Enterprises in three-year Registration-Based IPO Reform

Retrieved on:

Monday, August 28, 2023

GUANGZHOU, China, Aug. 28, 2023 /PRNewswire/ -- On August 24th, the ChiNext board celebrated 3rd anniversary of registration-based IPO reform.

Key Points:

GUANGZHOU, China, Aug. 28, 2023 /PRNewswire/ -- On August 24th, the ChiNext board celebrated 3rd anniversary of registration-based IPO reform.
The ChiNext board served as one of the main channels of equity financing for innovation-driven small and medium-sized enterprises whilst the registration system fostered market-oriented development and encouraged investor engagements.
Backed by strong fundamentals, the ChiNext index has gained the attention of investors during the market swing.
In July 2022, the inclusion of E Fund ChiNext ETF to the ETF connect program allowed foreign investors to invest in the ChiNext board.

Poland Investment Funds and Asset Management Industry Report 2022-2024: Focus on Three Main Pillars - Mutual Funds, Insurance, and Pension Assets - ResearchAndMarkets.com

Retrieved on:

Friday, August 4, 2023

Accounting, Professional Services, Insurance, Finance, Pillar, CEE, Distribution, Om, Financial adviser, Cryptocurrency

Asset management market in Poland: Key Segments, 1H22

Key Points:

Asset management market in Poland: Key Segments, 1H22
Top asset managers (groups) by AuM, 1H22
CEE 8 Investment fund industry - size vs. growth matrix, 2019-1H22
CEE investment funds penetration benchmarks, 1H22
Evolution of assets, number of funds & managers, 2017-3Q22
Fund assets by type of fund (open-end, closed), 2017-3Q22
Fund assets by underlying asset mix, 2019-3Q22
Top 10 players in investment fund market, 3Q22
Market share evolution of top fund managers, 2020-3Q22
Distribution - online distribution platforms, 2022
Fund assets structure - by declared investment profile, 3Q22
Local funds invested in foreign assets and foreign funds, 1H22
Fees and commissions charged by top fund managers, 3Q22
Revenues and costs of fund managers, 2021
Profitability tree for fund managers, 2018-2021
Pillar III (Voluntary) - Assets, members, 2019-1H22
Technical reserves by type evolution, 2018-1H22
Technical reserves by segment and by company, 2021

Investor group NewGAMe and Bruellan publishes 100-day plan for successful GAM turnaround

Retrieved on:

Thursday, August 3, 2023

Stock dilution, GAM (company), SWX, GAM, EGM, CHF, Liontrust Asset Management, Om, Cryptocurrency

Geneva, 03 August 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] (“GAM”), has published its 100-day plan detailing the concrete actions to be taken in the early stages of its turnaround of GAM.

Key Points:

Geneva, 03 August 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] (“GAM”), has published its 100-day plan detailing the concrete actions to be taken in the early stages of its turnaround of GAM.
The 100-day plan, to be implemented after GAM’s EGM on 18 August, includes immediate funding of CHF 25 million and a detailed stakeholder engagement plan to stabilize the business and provide the necessary reassurance to clients, fund managers and employees.
Antoine Spillmann, CEO and Partner at Bruellan and the investor group's proposed candidate for chairman of GAM's board, said:
"Our 100-day plan is a key part of the turnaround of GAM and will bring both certainty and security to the business – including CHF 25 million of immediate funding and a top team to lead the turnaround.
We urge investors not to tender to the dilutive and value-destructive Liontrust offer.”
NewGAMe’s 100-day plan can be found here:

Investor group NewGAMe and Bruellan raises serious concerns about the risk of a liquidity mismatch at major Liontrust fund

Retrieved on:

Monday, July 31, 2023

Risk management, GAM (company), SWX, Acquisition, GAM, Liontrust Asset Management, GBP, Om, Tortoise, Risk

Geneva, 31 July 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] (“GAM”), has raised serious concerns about liquidity and risk management at one of Liontrust’s largest funds.

Key Points:

Geneva, 31 July 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] (“GAM”), has raised serious concerns about liquidity and risk management at one of Liontrust’s largest funds.
An open letter, written by NewGAMe director Albert Saporta to Liontrust CEO John Ions, lists
several concerns about Liontrust [LIO:LN] as a bidder for GAM.
Up to 40% of AuM could be considered not liquid or outright illiquid under certain market circumstances.
The answer is no: there are too many red flags – not least the risk that Liontrust experiences a Woodford-style liquidity mismatch at its largest fund.”
NewGAMe’s open letter to Liontrust can be found here:

Investor group NewGAMe and Bruellan asks Swiss Takeover Board to impose final deadline on Liontrust’s offer for GAM and raises serious concerns about the risk of a liquidity mismatch at major Liontrust fund

Retrieved on:

Monday, July 31, 2023

GAM (company), Tortoise, Om, Risk management, GAM, EGM, Acquisition, Risk, Letter, GBP, Cryptocurrency, Management, Liontrust Asset Management

This deprives GAM shareholders of much-needed certainty when casting their vote at GAM’s upcoming EGM.

Key Points:

This deprives GAM shareholders of much-needed certainty when casting their vote at GAM’s upcoming EGM.
In an open letter, written by NewGAMe director Albert Saporta to Liontrust CEO John Ions, NewGAMe also raises serious concerns about liquidity and risk management at one of Liontrust’s largest funds as one of the many reasons for not tendering to the exchange offer.
In its letter to the TOB, NewGAMe raises an important issue arising from Liontrust’s double extension of its GAM offer:
The first tender offer period was due to end on 25 July.
Red flags are popping up everywhere and we encourage fellow GAM shareholders to hold on to their shares and ignore Liontrust and GAM’s fearmongering.”
NewGAMe’s letter to the TOB can be found here:

EQS-News: Q2 2023: DWS makes Good Progress with Higher Net Inflows and Profit

Retrieved on:

Wednesday, July 26, 2023

With net new assets in Passive including Xtrackers, Alternatives and Active the company generated net inflows (ex cash) of EUR 10.4 billion.

Key Points:

With net new assets in Passive including Xtrackers, Alternatives and Active the company generated net inflows (ex cash) of EUR 10.4 billion.
In the first half of the year, DWS generated net inflows (ex cash) of EUR 19.2 billion, including Cash of EUR 15.0 billion.
After tax, DWS posted a 5 percent higher net income of EUR 145 million for the second quarter 2023 (Q1 2023: EUR 138 million).
Multi Asset attracted net new assets of EUR 0.5 billion with net inflows into flagship fund DWS Concept Kaldemorgen and Active SQI added net inflows of EUR 0.4 billion.