UCITS

Calamos, the Largest US Convertibles Manager, Launches CVRT, the Firm's First Active Convertibles ETF

Retrieved on: 
Wednesday, October 4, 2023

The Calamos Convertible Equity Alternative ETF (CVRT) provides targeted exposure to the equity-sensitive segment of the US convertibles universe.

Key Points: 
  • The Calamos Convertible Equity Alternative ETF (CVRT) provides targeted exposure to the equity-sensitive segment of the US convertibles universe.
  • First of its kind, the new convertibles-based ETF will deliver more than four decades of Calamos' expertise in an ETF structure.
  • CVRT is an intelligent ETF solution with an active edge that seeks improved risk/reward over owning small and mid-cap growth stocks outright.
  • "With CVRT, we will fill a gap in the ETF marketplace, extend our convertibles fund lineup, and meet financial advisor demand for a high-growth-oriented convertibles strategy," said Mr. Calamos.

ESMA Work Programme 2024: focus on digital change and the green transition

Retrieved on: 
Thursday, September 28, 2023

ESMA Work Programme 2024: focus on digital change and the green transition

Key Points: 
  • ESMA Work Programme 2024: focus on digital change and the green transition
    The European Securities and Markets Authority (ESMA), the EU’s financial market regulator and supervisor, today publishes its work programme for 2024.
  • By fostering effective regulation and supervision of the European capital markets, ESMA contributes to addressing the challenges faced by the EU and its citizens.
  • Verena Ross, Chair of ESMA, said:
    “The implementation of a number of significant legislative projects will shape ESMA’s work and responsibilities in 2024.
  • In the digital finance area ESMA will conclude the work on technical standards and guidelines in relation to the MiCA regulation and the Digital Operational Resilience Act (DORA).

Granahan Investment Management Future Pathways Strategy Marks Three-Year Anniversary; Outperforms Russell 2500 Growth Index, 95% of Peers in eVestment Universe

Retrieved on: 
Thursday, September 21, 2023

The Future Pathways portfolio seeks to invest in companies whose products and services meet sustainability goals from health care to energy transition.

Key Points: 
  • The Future Pathways portfolio seeks to invest in companies whose products and services meet sustainability goals from health care to energy transition.
  • Launched on Aug. 31, 2020, Future Pathways gained 14.01% net of fees on an annualized basis through Aug. 31, 2023, compared with 2.86% for the Russell 2500 Growth Index.
  • Over the same period, the strategy ranks in the top 5% in its peer eVestment U.S. small-midcap growth universe of 42 funds.
  • Waltham, Mass.-based Granahan recently published its second annual report for the Future Pathways strategy.

ARK Invest Acquires Rize ETF Limited, Paving the Way for Its Expansion into Europe, the UK, and New Markets Globally

Retrieved on: 
Tuesday, September 19, 2023

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.

Key Points: 
  • ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.
  • The Rize ETF Founders are a proven team of ETF experts and have over 40 years of combined ETF experience.
  • The existing name and brand of Rize ETF will be phased out, and the platform will transition into "ARK Invest Europe," which will be a division of ARK Invest Limited.
  • ARK Invest Europe will serve as the hub for ARK's expansion into the Europe, the UK and new markets globally.

ARK Invest Acquires Rize ETF Limited, Paving the Way for Its Expansion into Europe, the UK, and New Markets Globally

Retrieved on: 
Tuesday, September 19, 2023

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.

Key Points: 
  • ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- ARK Invest LLC ("ARK Invest" or "ARK"), the parent of ARK Investment Management LLC, the investment manager led by CEO Cathie Wood, has acquired Rize ETF Limited ("Rize ETF"), Europe's first specialist thematic ETF issuer.
  • The Rize ETF Founders are a proven team of ETF experts and have over 40 years of combined ETF experience.
  • The existing name and brand of Rize ETF will be phased out, and the platform will transition into "ARK Invest Europe," which will be a division of ARK Invest Limited.
  • ARK Invest Europe will serve as the hub for ARK's expansion into the Europe, the UK and new markets globally.

Investcorp-Tages Partnering with Engadine to Broaden its Single Strategy Offerings with the Engadine Long/Short Equity Strategy

Retrieved on: 
Wednesday, September 13, 2023

Investcorp-Tages has become the investment manager of the Engadine Equity Fund effective September 8, and Mr. Sallusti will continue to be the portfolio manager of the fund alongside his existing investment team.

Key Points: 
  • Investcorp-Tages has become the investment manager of the Engadine Equity Fund effective September 8, and Mr. Sallusti will continue to be the portfolio manager of the fund alongside his existing investment team.
  • Prior to founding Engadine Partners in 2016, Mr. Sallusti was the Deputy CIO of Egerton, a leading European equity manager.
  • Investcorp-Tages is active across the hedge fund spectrum, including external hedge fund investments and hedge fund seeding.
  • Prior to Engadine Partners and his Deputy CIO role at Egerton Capital, Mr. Sallusti ran Schroders’ Italian & European Small Cap Research Team.

Vident Celebrates 10th Anniversary

Retrieved on: 
Thursday, August 24, 2023

Vident Asset Management (“Vident”) is today marking its 10th anniversary as a leading provider of a range of asset management and sub-advisory services, powering a growing number of ETFs, hedge funds, SMAs, and more.

Key Points: 
  • Vident Asset Management (“Vident”) is today marking its 10th anniversary as a leading provider of a range of asset management and sub-advisory services, powering a growing number of ETFs, hedge funds, SMAs, and more.
  • We are thrilled to be marking 10 years of working in partnership with many innovative asset and wealth managers,” said Vince Birley, CEO of Vident.
  • Vident is celebrating this milestone shortly after the close of the transaction announced earlier this year that has seen entrepreneur, Casey Crawford, take ownership of Vident and make a significant equity investment in the firm.
  • The deal closed on July 14, 2023, and Vident Advisory, LLC is now officially doing business under the Vident Asset Management brand.

Value Partners Launches the Group's First Article 8 UCITS* ESG Fund

Retrieved on: 
Tuesday, May 30, 2023

It also marks the first HKSFC-authorized(1) Asia ex-Japan-focused food and nutrition thematic ESG fund.

Key Points: 
  • It also marks the first HKSFC-authorized(1) Asia ex-Japan-focused food and nutrition thematic ESG fund.
  • The Fund is managed by lead portfolio manager Norman Ho, Senior Investment Director, and co-managed with Lilian Cao, Investment Director.
  • Frank Tsui, Managing Director and Head of ESG Investment at Value Partners Group, said, "The launch of the Fund marks a major milestone of Value Partner' ESG franchise to leverage our robust proprietary ESG rating system to enhance and promote ESG practices in the region.
  • (3) The Fund is a sub-fund of Value Partners Ireland Fund ICAV (the "Company").

Grandview Analytics Welcomes Arun Krishnamurthy as Managing Director

Retrieved on: 
Tuesday, July 25, 2023

CHICAGO, July 25, 2023 /PRNewswire-PRWeb/ -- Chicago-based Grandview Analytics, a leading technology consulting and data management software company for financial institutions, announced that Arun Krishnamurthy has joined the company as Managing Director. In his role on the Grandview leadership team, Krishnamurthy will champion industry-leading best practices and curate client solutions for complex data and technology integration, architecture, analytics, and governance programs.

Key Points: 
  • CHICAGO, July 25, 2023 /PRNewswire-PRWeb/ -- Chicago-based Grandview Analytics, a leading technology consulting and data management software company for financial institutions, announced that Arun Krishnamurthy has joined the company as Managing Director.
  • In his role on the Grandview leadership team, Krishnamurthy will champion industry-leading best practices and curate client solutions for complex data and technology integration, architecture, analytics, and governance programs.
  • "Grandview Analytics has an admirable roster of financial services clients, and I'm honored to serve as managing director and work with this incredible leadership team," said Krishnamurthy.
  • To speak with Krishnamurthy and learn more about Grandview Analytics products and services connect with him on LinkedIn.

ESMA publishes 2022 UCITS and AIFMD sanction reports

Retrieved on: 
Tuesday, July 18, 2023

ESMA publishes 2022 UCITS and AIFMD sanction reports

Key Points: 
  • ESMA publishes 2022 UCITS and AIFMD sanction reports
    The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today publishes its 2022 reports on the use by National Competent Authorities (NCAs) of sanctions under the Undertakings for Collective Investments in Transferable Securities (UCITS) and the Alternative Investment Fund Managers Directive (AIFMD).
  • Some highlights from the data
    - UCITS sanctions: In 2022, 9 NCAs imposed a total of 38 penalties, compared with 61 penalties issued by 12 NCAs in 2021.
  • - AIFMD sanctions: In 2022, 10 NCAs issued a total amount of penalties of €2.5M, compared to €42.9M in 2021.
  • - 16 NCAs did not impose any sanction either under the UCITS Directive or the AIFMD during this period.