Om

Investor group NewGAMe and Bruellan publishes open letter to GAM shareholders

Retrieved on: 
Thursday, July 20, 2023
GAM (company), Letter, GAM, EGM, CHF, Om, Risk management

Geneva, 20 July 2023 – NewGAMe SA, which is part of the investor group that also includes Bruellan SA (the “Group”) and controls approximately 9.6% of the issued share capital of GAM Holding AG (“GAM”), has published an open letter to GAM shareholders.

Key Points: 
  • Geneva, 20 July 2023 – NewGAMe SA, which is part of the investor group that also includes Bruellan SA (the “Group”) and controls approximately 9.6% of the issued share capital of GAM Holding AG (“GAM”), has published an open letter to GAM shareholders.
  • The letter outlines why, regardless of whether they support NewGAMe’s turnaround plan or not, shareholders should delay making a decision over whether to accept Liontrust’s offer until as late as possible.
  • The letter also highlights significant governance issues and responds to suggestions that GAM is on the verge of collapse.
  • The letter reminds GAM shareholders that the company will benefit from a CHF 25m convertible bond and says: “GAM is fearmongering with shareholders by extrapolating the past and current losses (including AuM losses) into the future.

Global Financial Wealth Market Sees First Decline in More Than a Decade

Retrieved on: 
Tuesday, June 27, 2023
Boston Consulting Group, Om, BCG, Acquisition, Investment, Growth, United Arab Emirates, Cryptocurrency, Drug

However, the decline is expected to be short lived, with a 5% rebound to $267 trillion expected in 2023.

Key Points: 
  • However, the decline is expected to be short lived, with a 5% rebound to $267 trillion expected in 2023.
  • These are among the findings of the BCG Global Wealth Report 2023: Resetting the Course , the 23rd annual global wealth report from Boston Consulting Group (BCG) , being released today.
  • Overall, that brought total absolute global wealth to $516 trillion in 2022, a 1% increase compared with 2021.
  • Its financial wealth is expected to continue to grow over the next five years at a healthy 10% rate.

EQS-News: The launch of the Alteia Fund heralds the consolidation of an iconic investment fund focused on Africa and  the Middle East

Retrieved on: 
Friday, June 16, 2023
USD, Om

Alteia Fund ( www.AlteiaFund.com ) emerged from a Management Buy Out of Barak’s Group founding partners in early 2023.

Key Points: 
  • Alteia Fund ( www.AlteiaFund.com ) emerged from a Management Buy Out of Barak’s Group founding partners in early 2023.
  • In the words of Alteia Fund’s CEO, Kevin Ramsamy, Alteia’s vision is to “provide sustainable investment solutions that empower clients to achieve their financial goals while driving positive societal change in both Africa and the Middle East.
  • The Fund’s strategy is premised on investing in debt finance assets in a panoply of asset classes in Africa and the Middle East.
  • The Alteia team’s particular area of focus is on commodities with a high physical liquidity, which are of an export, import or regional nature.

EQS-News: EV Digital Invest AG makes strategic acquisition of digital wealth management company wevest to expand product offering

Retrieved on: 
Saturday, June 10, 2023
IPO, Partnership, WPIG, Om, Federal Financial Supervisory Authority, ETF, Acquisition, Investment, Capital, ISIN, Growth, Digital, 2021 German federal election, Security (finance), Real estate, Cryptocurrency

EV Digital Invest AG (ISIN: DE000A3DD6W5, hereinafter “company” or “Engel & Völkers Digital Invest”), operator of the online real estate investment platform “Engel & Völkers Digital Invest”, announced that it has entered into a purchase agreement to acquire one hundred percent of Berlin-based wevest Vermögensverwaltung AG ("wevest").

Key Points: 
  • EV Digital Invest AG (ISIN: DE000A3DD6W5, hereinafter “company” or “Engel & Völkers Digital Invest”), operator of the online real estate investment platform “Engel & Völkers Digital Invest”, announced that it has entered into a purchase agreement to acquire one hundred percent of Berlin-based wevest Vermögensverwaltung AG ("wevest").
  • The acquisition will enable Engel & Völkers Digital Invest to expand its digital product and service offering and increase the integration of the value chain.
  • Marc Laubenheimer, Co-CEO of EV Digital Invest AG: "We are pleased to welcome the wevest team.
  • With the competencies and licenses of the multi-award-winning digital wealth management company wevest, we will significantly expand our product range and service offering.

End-to-End, Third-Party Operating Models Deployed by Wealth and Asset Managers Are Transforming the Industry

Retrieved on: 
Thursday, June 1, 2023
Boston Consulting Group, FNZ, Om, Research, BCG, Investment, Cryptocurrency, Bank

According to a new report by Boston Consulting Group (BCG) and global end-to-end wealth platform provider, FNZ, a new breed of end-to-end third-party operating models deployed by wealth and asset managers could deliver significant cost savings, create new and innovative business models, and generate new revenue streams.

Key Points: 
  • According to a new report by Boston Consulting Group (BCG) and global end-to-end wealth platform provider, FNZ, a new breed of end-to-end third-party operating models deployed by wealth and asset managers could deliver significant cost savings, create new and innovative business models, and generate new revenue streams.
  • The report highlights both evolving regulatory requirements and how growing investor demand for personalization is making it crucial for wealth and asset managers to pursue digital and operating model transformations.
  • The average share of technology in total operating expenses reached over 15% across both wealth and asset managers in 2022, up from 13% five years earlier.
  • Wealth and asset managers see benefits ranging from serving more end clients to operating direct-to-consumer models at low cost.

Buy-backs of shares in CoinShares International Limited

Retrieved on: 
Tuesday, May 23, 2023
ISIN, Annual, US, CS, Nasdaq Stockholm, SEK, Om, Cryptocurrency

23 May 2023 | SAINT HELIER, Jersey - As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

Key Points: 
  • 23 May 2023 | SAINT HELIER, Jersey - As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.
  • The Board of Directors’ resolution to implement the share buy-back program was made after the Board's review of the Company's capital structure and was implemented for the purposes of reducing the capital of the Company.
  • The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level):

Buy-backs of shares in CoinShares International Limited

Retrieved on: 
Tuesday, May 16, 2023
ISIN, Annual, US, CS, Nasdaq Stockholm, SEK, Om, Cryptocurrency

16 May 2023 | SAINT HELIER, Jersey - As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30  May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

Key Points: 
  • 16 May 2023 | SAINT HELIER, Jersey - As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30  May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.
  • The Board of Directors’ resolution to implement the share buy-back program was made after the Board's review of the Company's capital structure and was implemented for the purposes of reducing the capital of the Company.
  • The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level):

EQS-News: Q1 2023: DWS Returns to Net Inflows

Retrieved on: 
Friday, April 28, 2023
Om, CIR, Research, Nippon Life, Asset, DWS Group, Management, Alternatives, Growth, ESG, DWS, Lithium, Film industry, Commercial property, Video game, EUR, Q1

ESG funds attracted net inflows of EUR 1.4bn in Q1

Key Points: 
  • ESG funds attracted net inflows of EUR 1.4bn in Q1
    AuM increased to EUR 841bn in Q1 mainly driven by market developments and net inflows (Q4 2022: EUR 821bn)
    Adjusted revenues at EUR 610m in Q1 (Q4 2022: EUR 634m; Q1 2022: EUR 689m), down 4% q-o-q among other things due to lower performance and transaction fees than normal given the current market environment and down 12% y-o-y
    Adjusted costs at EUR 404m in Q1 (Q4 2022: EUR 380m; Q1 2022: EUR 410m), up 6% q-o-q as the previous quarter included a favorable one-off effect and down 1% y-o-y
    Adjusted profit before tax at EUR 206m in Q1 (Q4 2022: EUR 254m; Q1 2022: EUR 279m), down 19%
    In the first quarter of 2023, DWS returned to net inflows.
  • Net new assets in Active, Passive including Xtrackers and ESG [1] products enabled the company to generate net inflows ex Cash of EUR 8.8 billion.
  • Adjusted profit before tax dropped quarter-on-quarter by 19 percent to EUR 206 million in Q1 2023 (Q4 2022: EUR 254 million; Q1 2022: EUR 279 million).
  • Net income was down 26 percent year-on-year (Q4 2022: EUR 107 million; Q1 2022: EUR 186 million).

Buy-backs of shares in CoinShares International Limited

Retrieved on: 
Tuesday, April 25, 2023
ISIN, Annual, US, CS, Nasdaq Stockholm, SEK, Om, Cryptocurrency

SAINT HELIER, Jersey, April 25, 2023 /PRNewswire/ -- As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

Key Points: 
  • SAINT HELIER, Jersey, April 25, 2023 /PRNewswire/ -- As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.
  • The Board of Directors' resolution to implement the share buy-back program was made after the Board's review of the Company's capital structure and was implemented for the purposes of reducing the capital of the Company.
  • The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level):

Buy-backs of shares in CoinShares International Limited

Retrieved on: 
Tuesday, April 11, 2023
ISIN, Annual, US, CS, Nasdaq Stockholm, SEK, Om, Cryptocurrency

SAINT HELIER, Jersey, April 11, 2023 /PRNewswire/ -- As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

Key Points: 
  • SAINT HELIER, Jersey, April 11, 2023 /PRNewswire/ -- As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.
  • The Board of Directors' resolution to implement the share buy-back program was made after the Board's review of the Company's capital structure and was implemented for the purposes of reducing the capital of the Company.
  • The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level):