Tag Archives: Investment

Investment

Market-neutral hedge fund Caravel Capital Fund Showcased At Secure Spectrum’s Hedge Fund Seminar

COPENHAGEN, 3-Jun-2022 — /EPR FINANCIAL NEWS/ — Jeff Banfield, a founding partner of Caravel Capital Investments Inc., was the featured speaker at Secure Spectrum’s Hedge Fund Seminar in Copenhagen, Denmark, on June 2, 2022. With over 35-years of experience in the alternative investment industry, Banfield delivered valuable insights and his recipe for navigating the current global financial markets.

Titled, The Alchemy of Risk, Opportunity, and Experience, Banfield explained how he earned positive returns for each of his 35-years in the investment business. His position as a Proprietary Trader at Dominion Securities in 1987 prepared him for six Bear Markets and unexpected macro factors.

Mr. Banfield was asked how he consistently achieves positive returns. He explained, “We approach every investment with the following criteria: strong understanding of fundamentals, applying the correct strategy in the economic cycle; coupled with the opportunity to generate the targeted return, and always managing the tail risk.” He also added, “We listen to the central banks and policymakers when they telegraph well in advance, and we take appropriate countermeasures to protect the portfolio. Glen and I find our best opportunities when fear and greed misprice the market.”

Soren Dal Thomsen, CIO, kicked off the program, presenting, “Why should one have hedge funds in their portfolio?” Then followed by Jeppe Blirup, Head of Hedge Funds, who gave the landscape of Secure Spectrum’s Fund of Hedge Funds. Jeppe explained, “We turned to Jeff to share his wealth of knowledge on the markets, strategies, and execution. Especially in this kind of market, we are all looking for insights that will help us to grow and preserve our capital. Caravel Capital shares our priorities: growth of capital, capital preservation, alignment of interests, and risk-aversion.”

The Caravel Capital Fund outperformed major indices in Q1 2022 with a 3.25% (net of fees) return, generated 30.78% returns in 2021, and have produced annualized returns of 18.96% since inception in 2016 while maintaining a Sharpe Ratio of 2. Gibbons and Banfield utilize several strategies, including but not limited to convertible arbitrage, relative value arbitrage, capital structure arbitrage, merger arbitrage, distressed debt, and alpha long/short.

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Caravel Capital Investments Inc. is an event-driven, market-neutral hedge fund based in Nassau, The Bahamas. Founded in 2016 by Glen Gibbons and Jeff Banfield, the firm prioritizes capital preservation with a commitment to liquidity and transparency. Named after the agile exploration ships used during the age of discovery, the firm maintains strict limits, small positions, and a manageable fund size to ensure quick responses to changing dynamics. The team uses innovative, leading-edge idea implementation while owning the Fund’s risk tails. The managers pursue systematic and non-systematic risk reduction through frequent review of risk/reward and high liquidity, thereby providing a genuinely market-neutral result, as evidenced by the returns.

Secure Spectrum is a fund of hedge funds that aims to generate an absolute return over the business cycle, seeking to generate an attractive risk-adjusted return regardless of the development of financial markets. Secure Hedge seeks to exhibit low correlation with the stock market and help diversify a traditional portfolio consisting of equities and bonds. The fund’s active portfolio management involves looking for exposure to attractive niche investment strategies that are typically difficult to access and independent of each other.

SOURCE: EuropaWire

New platform to buy and sell tokens backed by a diversified portfolio of U.S. real estate

ATLANTA, GA, United States, 2-May-2022 — /EPR FINANCIAL NEWS/ — Yield Crowd is an online portal to buy and sell tokens backed by a diversified portfolio of U.S. real estate. Yield Crowd has just finished it’s tokenization of a U.S. $50M portfolio of real estate as YIELD tokens on the Stellar blockchain.

Commenting on Yield Crowd’s ongoing momentum, Chief Executive Officer Amariah Olson stated, “Being huge believers in technology and the future, and witnessing first-hand the transactional friction and liquidity issues in the incumbent real estate private equity sector, we are very excited to be bringing Blockchain technology to the real estate space and to offer the world’s first portfolio of institutional assets tokenized on the blockchain. We are doubling down to become the leading tech pioneers in the blockchain real estate space with our Yield Crowd platform, where buyers and sellers can come together to transact real estate backed tokens on-chain and earn dividends daily.”

Started by brothers Obin and Amariah Olson, their real estate company Olson Capital Investments began as a small private investment company, where they had large success in investing in and developing multifamily, office and retail properties. Prior to real estate, they were investing in and producing Hollywood films with global distribution, now they are primarily focused in the real estate space, currently holding over $50M in institutional class assets, where they have grown the equity at 154% per year through the acquisition of distressed and value-add deals.

The Olson’s recently acquired two retail car wash properties in Orange and Riverside County near Los Angeles, CA, valued at over $33,000,000. They closed the deal with $15M of debt from T bank, and are currently under contract on a 121-room Hotel in Arizona, and 130 additional apartment units in Texas. Diversifying into retail and hotels is part of the company’s short-term strategy to boost its portfolio’s cash flow to help finance the Yield Crowd platform and pay dividends to token holders. YIELD token will initially be a regulation S exempt offering, available to non-U.S. investors. The Tokens are backed by corporate bonds set to receive excess income from the Olson’s private real estate portfolio and will be available on the yieldcrowd.com platform, where token holders can earn a target 8.75% return.

Olson further comments, “In the coming years, Yield Crowd will be positioning itself to be the go-to online real estate investment. Unlike the incumbent real estate funds, which often require an investor to tie up their capital in the fund for 7-10 years, YIELD tokens are freely tradable between owners on the Stellar decentralized exchange. This flexibility is going to make a huge impact in the real estate industry over the next 3-5 years, and we are positioned to be at the forefront as the industry transitions to the blockchain paradigm.”

The Olson’s have completed over 20 real estate investments in Office, Residential, Multifamily, and Retail, totaling over $80 million in transactions, which they have privately financed using their own equity and institutional debt.

SOURCE: EuropaWire

Luxembourg fund servicing firm Fidupar goes live with Framework’s investment and operations platform

LONDON, 13-Dec-2021 — /EPR FINANCIAL NEWS/ — Framework, a specialist provider of middle and back-office technology for private markets, announces today that Luxembourg based fund advisory and administration company Fidupar S.A. is now live on Framework Core (Core) to support their Investor Services, Fund Accounting, General Ledger, and Reporting functions. Having implemented Core, Fidupar, who has seen a surge of interest in its services, can deliver sophisticated investor services to its clients, as well as an improved way to navigate the changes to existing and new regulations within the private assets market.

Nicolas Montagne, Managing Director of Fidupar, said: “Framework’s dedication in supporting and ensuring a smooth transition to our new robust platform was second to none, they clearly listened to our needs and upcoming challenges as a fund servicer. We are confident that with Core in place our clients can expect superior service. Choosing Framework as a software partner was the right decision for our business.”

With Core now embedded, Fidupar has access to a powerful tool that optimises its operational efficiency for its administrative functions, including transaction management, accounting and valuations – on a secure and open architecture cloud-hosted platform. Core also incorporates robust and flexible reporting capabilities and shareholder services including automated investor communications.

In addition to a favourable legal and tax regime, one of the main draws of Luxembourg is the highly-skilled, multilingual staff who can provide tailor-made services for international clients as are found at Fidupar. This commitment to responsiveness and focusing on the needs of customers was an attribute that Fidupar recognises in Framework too.

Craig Tyzack, Head of Delivery & Operations of Framework added: “Working with the Fidupar team allowed us to solidify the reasons they chose Framework as their software provider throughout the implementation process. We focused on understanding Fidupar’s requirements and used our industry knowledge to customise our solution to those needs. Delivering a user-friendly, robust platform to our clients is paramount.”

About Framework
Framework, founded in 2000, is a specialist provider of middle and back-office technology for private markets. Since being acquired by BRD Investments in 2016, Framework is committed to advancing open, flexible digital solutions for asset owners, managers and administrators and the evolution of private asset funds. A significant number of platform and product enhancements have been undertaken, many specifically to address the current and future requirements of leading sophisticated private asset administrators.

Framework holds a leading position with Development Bank customers in Europe and North America and in particular the UK, and services several industry-leading independent or bank-owned asset managers in Europe and the Middle East.

About Fidupar
Part of the Elate Group, Fidupar was formed at the beginning of 2000 by the contribution of the activity of the financial engineering departments of two major banks in the Luxembourg financial centre.

By focusing on the needs of our customers, we have grown considerably with the deep commitment to our historical values: responsiveness, creativity, commitment, and ambition, while maintaining a high level of ethics.

With multilingual staff specialised in different sectors, we provide tailor-made services for our international clients. Our multidisciplinary teams work in close collaboration with our clients in the realization of their projects.

SOURCE: EuropaWire

Digi Communications N.V. to hold EGM for the appointment of KPMG N.V. as its Statutory Auditor for FY2021

BUCHAREST, Romania, 23-Sep-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, 23 September 2021, the Board of Directors of the Company convenes the extraordinary general meeting of shareholders (the “EGM”) of the Company (Digi Communications N.V.), to be held on Thursday, 4 November 2021 at 12:00 p.m. CET (13:00 p.m. EET), at the offices of Freshfields Bruckhaus Deringer LLP (Amsterdam office), Strawinskylaan 10, 1077 XZ Amsterdam, The Netherlands.

The EGM is convened in order to appoint KPMG N.V. as the Company’s Statutory Auditor for the financial year 2021, replacing the Company’s former statutory auditor (i.e., Ernst & Young Accountants LLP) that was appointed by the annual general meeting of 18 May 2021. This proposal follows Ernst & Young Accountants LLP’s decision to cease their services due to reasons not related to the Company.

Ernst & Young Accountants LLP’s notification occurred outside of the typical financial reporting cycle and, as a result, the Company expects to be late with the issuance of 2021 statutory audited financial statements, also for reasons related to standard audit procedures and inherent processes and requirements related to onboarding of new clients by an audit firm.

On or before 31 July 2022, the Company estimates that it will publish the audited statutory consolidated and stand-alone financial statements issued in accordance with Dutch accounting standards applicable to our Company (i.e., IFRS as adopted by the European Union and Part 9 of book 2 of the Dutch civil code). The annual General Shareholders Meeting to, inter alia, approve the statutory consolidated and stand-alone financial statements will then only be convened upon publication of the same.

Nevertheless, the Company will disclose to the market the relevant management information, including management accounts on 30 April, 2022. Therefore, the Company will publish the 2021 annual report accompanied by audited non-statutory consolidated financial statements issued in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the European Union.

The topic of the EGM is the proposal of KPMG N.V. as the Company’s statutory auditor for the 2021 financial year.

We kindly invite investors to visit the Company’s website at http://www.digi-communications.ro/en/general-share-holders (for English readers) and at http://www.digi-communications.ro/ro/aga (for Romanian readers) to review the documentation package for the EGM.

The document named ‘Agenda and explanatory notes’ contains a detailed description regarding the item for the EGM.

Any shareholder interested in attending or voting at the EGM needs to follow the procedures set out in the articles of association of the Company (available at http://www.digi-communications.ro/en/corporate-governance) and on the ‘Convocation Notice’ available at http://www.digi-communications.ro/en/general-share-holders). The shareholders will also be provided with the possibility to cast their votes via Evote by ING (please see the convening notice attached this report).

SOURCE: EuropaWire

Digi Communications N.V. approves 39,000 stock options for RCS&RDS employees

BUCHAREST, Romania, 25-Aug-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that the Company’s Board of Directors has approved the grant of a number of 39,000 stock options within the stock option programme granted to the benefit of employees of the Company’s Romanian subsidiary, RCS&RDS S.A, pursuant to the Company’s Stock Option Plan.

The vesting of the options is conditional upon the fulfilment of the performance criteria, with the vesting period being set at a minimum of 1 year as of the grant date.

SOURCE: EuropaWire

Digi Communications NV H1 2021 Financial Results released

BUCHAREST, Romania, 13-Aug-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the H1 2021 financial results are available on the Company’s website.

For details, please see:

https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/half-year-reports-shares

Also, today at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the H1 2021 Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/en/see-file/Conference-Call-presentation-H1-2021_Financial-Results_log-in-details.pdf and pre-register for the call. The deadline for pre-registration is until 12:00 UK time/ 14:00 EEST (Romania local time).

SOURCE: EuropaWire

Hong Kong’s Innovation and Technology Venture Fund part of insurtech startup Ignatica’s Pre-A round of financing

ZÜRICH, 7-Jul-2021 — /EPR FINANCIAL NEWS/ — Ignatica, the insurance policy administration platform that offers digital self-service and intelligent automation solutions for insurers, is excited to announce that the Innovation and Technology Venture Fund (ITVF) has become its strategic investor.

The ITVF is a HK$2 billion fund established in 2017 by the Hong Kong Special Administrative Region (HKSAR) Government to co-invest with selected venture capital funds in local innovation and technology (I&T) start-ups.

“Becoming a portfolio company of the ITVF is core to Ignatica’s love and commitment to Hong Kong and its burgeoning start-up and technology sector,” said Ignatica President and Co-Founder, Travis Callahan.

As the first insurtech investment made by the ITVF, Ignatica’s platform lets insurers quickly and efficiently build and launch new products at low cost, while drastically reducing administration costs and transforming the servicing experience for consumers.

“The investment aligns with the ITVF’s primary objective to support the development of I&T start-ups in Hong Kong. We look forward to supporting Ignatica’s innovative work that creates new markets and value for the insurance industry,” said an ITVF spokesperson.

As of July 7, 2021, the ITVF has invested US$1.75 million in Ignatica.

“As a lifelong Hong Konger, it means a great deal to me to enter into this partnership with the city,” said Ignatica CTO and Co-Founder Adhish Pendharkar. “Ignatica is a reflection of the diversity, innovation, and sense of community of Hong Kong.”

Ignatica’s suite of SaaS offerings allows insurance product managers to create and edit coverages and plans, dynamically adjust pricing, and change product configurations in seconds. They also enable servicing and back-office operations to be automated and pushed to the front edge for digital self-service for even the most complex insurance products.

“The ITVF is an ideal investor as we continue to scale our business globally,” said Manuel San Miguel, Ignatica’s CEO and Co-Founder. “It’s an honor to be chosen by the city’s own, premiere investment fund.”

“We welcome the Innovation and Technology Venture Fund to join as a co-investor of Ignatica. We believe Ignatica will be better positioned growing in the Hong Kong market, and in turn contributing to Hong Kong’s fintech industry,” said Ming Shu, Partner of Lingfeng Capital. “As the lead investor of the company’s Pre-A round of financing, we are very pleased to introduce Ignatica to the ITVF. Moving forward, we aspire to continue our post-investment value-add to our portfolio companies and together building the future of insurance technology in the Greater China region and beyond.”

ABOUT IGNATICA (www.ignatica.io/)

Ignatica was founded in 2018 by Manuel San Miguel, former Manulife CTO for APAC, fellow technology and insurance industry veteran, Adhish Pendharkar, and longtime C-suite executive and entrepreneur Travis Callahan. Its core platform technology enables insurers to profitably provide every person on the planet the type of insurance they need, at the price they can afford, with the service and speed that today’s customers expect.

ABOUT INNOVATION AND TECHNOLOGY VENTURE FUND (https://www.itf.gov.hk/en/funding-programmes/supporting-start-ups/itvf/)

The ITVF is a HK$2 billion fund established by the HKSAR Government in 2017 with a view to attracting more private capital to invest in local I&T start-ups, thereby creating a more vibrant I&T ecosystem in Hong Kong. The ITVF will co-invest with selected co-investment partners at a matching investment ratio of approximately 1 to 2.

ABOUT LINGFENG CAPITAL (www.lingfengcap.com/)

Lingfeng Capital is a growth capital private equity fund for the fintech sector in the Asia Pacific, particularly in the Greater China region. Its focus is on real applications and underlying tech for the finance industry. Its vision is to become the leading innovative tech fund management company and to facilitate growth and success for the next generation of entrepreneur-driven fintech companies.

SOURCE: EuropaWire

Digi Communications NV grants conditional stock options to several of its Directors

BUCHAREST, Romania, 20-May-2021 — /EPR FINANCIAL NEWS/ — The Company would like to inform the market and its investors that, on 19 May 2021, Mr. Serghei Bulgac (Chief Executive Officer and Executive Director of the Company), Mr. Valentin Popoviciu (Executive Director of the Company) and Mr. Bogdan Ciobotaru (Non-Executive Director of the Company) have been granted by the Company conditional stock options pursuant to the decision of the Company’s general meeting of shareholders dated 18 May 2021. The total number of options of class B shares granted as part of this stock option plan (applicable for the year 2021) amounts to 160.000. The further vesting of all option shares granted will be conditional upon several performance criteria and the passage of a minimum duration of 1 year.

More details regarding the stock options granted to each of the above-mentioned Directors are available on the Company’s website at https://www.digi-communications.ro/en/see-file/Agenda-and-explanatory-notes-1.pdf (the Agenda and Explanatory notes published by the Company on 6 April 2021, Annex I and II).

In accordance with the applicable regulations, on 19 May 2021, Mr. Serghei Bulgac, Mr. Valentin Popoviciu and Mr. Bogdan Ciobotaru, as persons discharging managerial responsibilities in connection with the Company, have notified the Company and the Romanian Financial Supervisory Authority in connection with the grant of the above-mentioned stock options and the execution between each of them and the Company of corresponding stock option agreements.

SOURCE: EuropaWire

Digi Communications N.V. amends its 2021 Financial Calendar

BUCHAREST, Romania, 6-May-2021 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS NV would like to inform its investors and the market that an Amendment to the 2021 Financial Calendar, is available on the Company’s official website (Investor Relations Section/Financial Calendar):
https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

SOURCE: EuropaWire

Digi Communications N.V. to host Q1 2021 Financial Results conference call on 17 May 2021

BUCHAREST, Romania, 6-May-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 17 May 2021 at 14:00 UK time / 16:00 EEST (Romania local time) it will host a conference call to discuss the Q1 2021 Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar and pre-register for the call. The deadline for pre-registration is until 12:00 UK time / 14:00 EEST (Romania local time) on 17 May 2021.

A recording of the conference call will be available on our website for 30 days: www.digi-communications.ro

SOURCE: EuropaWire

Digi Communications N.V.’s 2021 Annual General Shareholders Meeting will be held on 18 May 2021

BUCHAREST, Romania, 6-Apr-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, 6 April 2021, the Board of Directors of the Company convenes the general shareholders meeting (the “GSM”) of the Company (Digi Communications N.V.), to be held on Tuesday, 18 May 2021 at 14:00 p.m. CEST (15:00 p.m. EEST), at the offices of Freshfields Bruckhaus Deringer LLP (Amsterdam office), Strawinskylaan 10, 1077 XZ Amsterdam, The Netherlands.

The main topics for the GSM are the following:

-discussion and approval items on the 2020 Annual Report (including the annual report, the financial statements – consolidated and stand-alone – and the auditor report);
-approval of the distribution of a gross dividend of RON 0.75 per share; ex-date – 2 June 2021, the record date for the dividend – 3 June 2021, and the payment date on or around – 14 June 2021;
-release from liability of the members of the Board of Directors;
-remuneration report for 2020 (advisory, non-binding vote);
-appointment of the statutory auditor for the the financial year ending December 31, 2021;
-designation of the Board of Directors as the competent body to repurchase own Class B Shares;
-approval of award of stock options to executive and non-executive directors.

We kindly invite the market to visit the Company’s website at
http://www.digi-communications.ro/en/general-share-holders (for English readers) and at http://www.digi-communications.ro/ro/aga (for Romanian readers) to review the documentation package for the GSM.

The above-mentioned section from the Company’s website also contains the English and Romanian complete versions of the 2020 Annual Report, the 2020 Consolidated and Stand-alone Financial Statements of the Company, as well as the Independent Auditor’s Report.

The document named ‘Agenda and explanatory notes’ contains detailed descriptions regarding the items for the GSM.

Any shareholder interested in attending or voting at the GSM needs to follow the procedures set out in the articles of association of the Company (available at http://www.digi-communications.ro/en/corporate-governance) and on the ‘Convocation Notice’ available at http://www.digi-communications.ro/en/general-share-holders).

Also, the Company would like to announce that Digi Communications N.V. Group’s Annual Report for the year ended December 31, 2020 is available starting with April, 6 2021 also on the Company’s website (www.digi-communications.ro), under the section Investor Relations.

ANNUAL GENERAL MEETING OF DIGI COMMUNICATIONS N.V. (THE COMPANY) TO BE HELD ON TUESDAY, 18 MAY 2021, AT 14:00 PM CEST AT THE OFFICES OF FRESHFIELDS BRUCKHAUS DERINGER LLP (AMSTERDAM OFFICE), STRAWINSKYLAAN 10, 1077 XZ AMSTERDAM, THE NETHERLANDS

AGENDA

1. Opening
2. Annual Report 2020

a. Board report 2020 (discussion item)
b Dividend and Reservations Policy (discussion item)
c. Adoption of the 2020 Annual Accounts (voting item)
d. Distribution of dividend (voting item)
e. Release from liability of the members of Board of Directors (voting item)

3. Remuneration Report for 2020
Remuneration Report for 2020 (advisory, non-binding vote)
4. Appointment of Statutory Auditor
Proposal to appoint Ernst & Young Accountants, LLP, Netherlands as the statutory auditor of the Company for the financial year 2021 (voting item)
5. Designation of the Board of Directors as the competent body to repurchase own Class B Shares
Designation of the Board of Directors as the competent body to repurchase Class B Shares (voting item)
6. Approval of award of stock options to executive and non-executive directors. Authorize the Board of Directors to decide upon the award of stock options to executive and non – executive directors of the Company (voting item)

7. Close of Meeting

SOURCE: EuropaWire

NASDAQ listed Ideanomics buys minority stake in Italian manufacturer of high performance electric motorcycles

 NEW YORK, 9-Mar-2021 — /EPR FINANCIAL NEWS/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”) is pleased to announce it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands its global footprint in the electric vehicle (EV) industry, and complements Treeletrik’s business in the ASEAN market. This investment marks continued investment in European-based OEM.

“Energica has combined zero emissions EV technology with high-performance engineering synonymous with Italy’s Motor Valley to create a range of exceptional products for the motorcycle market. It also has proprietary EV battery and DC fast-charging systems that have applications and synergies with Ideanomics Mobility. We are very impressed with Livia and her team, and we look forward to supporting them through their next phases of growth,” said Alf Poor, CEO of Ideanomics.

The rapid increase of EV sales that began in 2019 has continued to gain momentum over the past year. The global high performance electric motorcycle market is growing at a CAGR of over 35% from 2019-2024. With its state-of-the-art battery technology development, Energica was chosen by Dorna as a single manufacturer for the FIM Enel MotoE™ World Cup. With this partnership, Energica has been able to test new battery solutions and innovations in extreme conditions with the best riders in the world to advance its high-performance battery technology.

“We are proud to be part of this unified global platform”, says Livia Cevolini, CEO of Energica Motor Company S.p.A. “Ideanomics’ network of innovative companies will help accelerate the growth and adoption of new EV technologies such as Energica. We look forward to leveraging Ideanomics to capture market share in the rapidly growing global electric motorcycle market”.

For more information, visit: ideanomics.com and energicamotor.com.

SOURCE: EuropaWire

Changes in Digi Communications N.V. 2021 Financial Calendar

BUCHAREST, Romania, 10-Mar-2021 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS N.V. would like to inform its investors and the market that an Amendment to the Financial Calendar for 2021 is available on the official website (Investor Relations Section/Financial Calendar): https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

SOURCE: EuropaWire

PA Group, dpa hanno acquistato una quota di poco inferiore all’ 8% (3.86% ciascuna) del Alliance News

Clive Marshall, Chief Executive di PA Group

LONDRA, Nov-21-2017 — /EuropaWire/ — Alliance News – agenzia stampa leader nella fornitura di notizie in tempo reale sul mondo azionario per investitori e professionisti della finanza – ha ricevuto un investimento da due delle più importanti aziende media europee per sostenere la propria espansione nell’area EMEA.

PA Group, la società che controlla Press Association, l’agenzia di stampa nazionale del Regno Unito e Irlanda, e l’agenzia di stampa tedesca, dpa (Deutsche Presse-Agentur), hanno acquistato una quota di poco inferiore all’ 8% (3.86% ciascuna) del servizio di informazione economico-finanziaria lanciato nel 2013.

Alliance News fornisce la copertura giornalistica di tutte le aziende quotate al London Stock Exchange – più di 2,000 aziende e società di investimento – e le notizie economiche e politiche dal mondo di interesse per chi investe.

A febbraio 2017 Alliance News ha lanciato il servizio italiano con copertura generale di tutte le quotate del listino di Milano, in lingua italiana. Il programma di sviluppo prevede, nei prossimi mesi, di entrare progressivamente in nuovi mercati come la Francia ed altre nazioni.

Tom Waite, Chief Executive e Editor di Alliance News, ha dichiarato:

“Alliance News è orgogliosa di aver lavorato con partner come dpa sin dall’inizio della propria attività e con PA negli ultimi due anni, perché i nostri lettori apprezzano come il loro lavoro giornalistico si completi il nostro. Applichiamo in modo simile standard editoriali molto alti ad argomenti diversi. Alliance News ha un approccio fresco e diretto alle notizie, sfruttando le nuove tecnologie, ma al tempo stesso mantenendo la voce reale dei giornalisti che lavorano in una redazione multilingua. PA e dpa apprezzano il nostro approccio agile ai nuovi mercati mentre il loro investimento e la loro lunga esperienza saranno di supporto e ci aiuteranno a guidare i piani di espansione dell’agenzia.”

Clive Marshall, Chief Executive di PA Group, ha dichiarato:

“L’agenda informativa continuerà ad essere dominata dallo sviluppo economico e finanziario mentre le aziende nel Regno Unito, in Europa e altrove navigano attraverso questo periodo di incertezza politica ed economica. Alliance News è ben posizionata per fornire molte delle notizie su cui i decision makers fanno affidamento e soprattutto condivide con PA i valori di un giornalismo accurato e tempestivo.”

Peter Kropsch, Chief Executive di dpa, ha dichiarato:

“Abbiamo seguito lo sviluppo di Alliance News sin dall’inizio. Apprezziamo molto i loro standard editoriali e lo spirito imprenditoriale. La strategia di Tom Waite per Alliance News si combina perfettamente con la nostra percezione della futura domanda di informazione per i mercati finanziari. Le attività di dpa in questo settore oggi comprendono dpa-AFX, l’agenzia di stampa finanziaria con sede a Francoforte (76% di quota) e il 50% di azioni di AWP, l’agenzia finanziaria svizzera basata a Zurigo. La cooperazione con Alliance News ci aiuterà a sviluppare questo approccio e siamo molto felici di diventarne nuovi azionisti insieme a PA Group.”

SOURCE: EuropaWire

Research: 53% of HNWIs relocating or intending to relocate would expect online banking to be part of an international wealth management proposition

LUXEMBOURG, Nov-16-2017 — /EuropaWire/ — New research from The OneLife Company reveals that ensuring investments are tax efficient and managing international tax commitments are among the top financial priorities for internationally mobile HNWIs. In spite of this, fewer than 40% of relocators feel that their investments are as tax efficient as they need them to be.

The insight points to the growing urgency for wealth managers to tailor solutions and services to international clients. One in four European HNWIs surveyed has previously moved countries to live or work, with a further 13% intending to relocate for the first time in the future. The appetite for international living is rising further among the millennial segment, with the number of relocators and future relocators under the age of 35 rising to 43% and 20% respectively.

The research, carried out in conjunction with wealth insights firm Scorpio Partnership, considered the views of 770 HNWIs from Belgium, Denmark, Finland, France, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The average wealth of participants was EUR2.76 million.

Responses revealed that 46% of individuals relocating or intending to relocate would expect tax advice to be part of an international wealth management proposition. Notably, 27% would also require life assurance to be included within the product suite, with this figure rising to 39% among those under 35.

“Younger generations of clients are more likely to relocate and are clearly more cognizant of the range of benefits – such as portability – which life assurance can provide,” commented Marc Stevens, Chief Executive Officer at OneLife.

The findings also point to the significance of technology for the relocator segment. Online banking was the top requirement in an international wealth management proposition, with 53% of relocators saying this was necessary to manage wealth.

This was affirmed by the fact that individuals who continued to work with their primary wealth manager following relocation referenced quality of tools as the primary reason to stay with the firm. By contrast, a quarter of individuals changing wealth management provider following relocation cited lack of suitable digital services as a motivator to pursue a different relationship.

SOURCE: EuropaWire

MDM GROUP AG pulls up plans to go public

Meggen, Switzerland, 2017-Feb-14 — /EPR FINANCIAL NEWS/ — MDM GROUP AG’s IPO will now take place in the second quarter of 2017 and not at the end of the year. The company aims to generate fresh capital by going public, which will allow it to invest additional funds in merchandise trading.

Retail investors will also be able to easily benefit from the company’s business model.

High revenues are generated in the retail sector in Germany every year.

Gross profit margins are particularly interesting for investors.

They often average 30 percent.

MDM GROUP AG works in this market segment. Specifically, the group mostly trades in textiles, remainders, specialty items, and merchandise from insolvency proceedings.

MDM GROUP AG has already recorded high profits in this segment.

In the international retail segment, the company’s revenues have grown by around 400 percent in the last two years alone.

The company can already record profits when making purchases. The merchandise, such as textiles, remainders, specialty items, and goods from insolvency proceedings from many top manufacturers are bought in at very favorable conditions.

The high purchasing volumes mean that savings of up to 90 percent compared to the regular wholesale price are standard.

In addition to low purchase prices for goods, in 2017 the company is also planning to purchase two top textile brands which will extend its product offering even further and will also allow the group to directly impact prices.

Thanks to its unique distribution network, the company can resell the purchased goods in a short period.

In this regard, the group works together with a large number of online distribution partners and can thus always select the most efficient marketing channel for the products.

This allows the company to not only turn over the goods quickly, but also to realize the maximum income from their sale.

The MDM GROUP purchases and sells goods every month, thus turning over the invested amounts several times.
Profits can be realized with every transaction.

The company does not receive investments from bank loans, but via subordinated loans.

Private individuals can lend the company money and receive interest in return.

The interest is fixed and agreed in advance and currently totals nine percent according to the company’s information.

Interest of up to 20 percent is even possible for special programs.

About MDM GROUP AG
MDM GROUP is a Swiss company which invests in all types of products.

The company has specialized in trading with textiles, remaining stock and special items, as well as goods from insolvency proceedings.

The business principle is to acquire the goods at substantially reduced prices of up to 90 percent less than the regular wholesale price.

As a result, the company records high profit margins.

Private individuals can invest in this business via subordinated loans.

Remuneration with fixed interest rates is agreed in this regard.

In addition, in future the MDM Group will participate in the luxury car segment.
Extensive negotiations in this regard are already being held with one of the best known car dealers and the head of sales in Germany.

Details of this will be published soon.

Contact-Details: MDM Group AG
Frau Ozlem Utanc
Rütliweg 3
6045 Meggen
Schweiz
ozlem@mdmgroup.ch

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ABO Capital CEO Zandre Campos named one of the Top 25 Business Influencers by African Leadership Magazine

zandre-campos-recipient-of-distinguished-business-excellence-award_europawire

PORTUGAL, 28-Sep-2016 — /EPR FINANCIAL NEWS/ — ABO Capital, a leading international investment firm headquartered in Angola, announced today that its CEO Zandre Campos was named one of the Top 25 Business Influencers and recipient of the Distinguished Business Excellence Award by African Leadership Magazine.

The honor which is in recognition of Mr. Campo’s outstanding posturing as one of Africa’s top business influencers was celebrated at last night’s 7th annual Business Leadership Awards Gala held during the International Forum of African Leadership at St. Regis Hotel, New York, USA.

“It is a great honor to be recognized by an organization who shares a similar mission of promoting innovation, entrepreneurship and development throughout Africa,” said Zandre Campos. “We are committed to bringing excellence to Africa through diversification and economic development.”

The African Leadership magazine focuses on bringing the best of Africa to a global audience, telling the African story from an African perspective; while evolving solutions to peculiar challenges being faced by the continent today. In addition to being honored at the awards gala, Mr. Campos and the work he is doing in Africa will be featured in a special October 2016 edition of the African Leadership Magazine.

About ABO Capital
ABO Capital, formerly Angola Capital Investments, is an international investment firm that invests in companies in the healthcare, technology, energy, transportation, hospitality and real estate sectors throughout Africa. The mission of ABO Capital is to create global value for developing countries in Africa, while contributing to their economic development.

About Zandre Campos
Zandre de Campos Finda is one of the great, innovative business leaders and global entrepreneurs emerging out of Africa. Currently, he is chairman and CEO of ABO Capital, an international investment firm headquartered in Angola with holdings throughout Africa and Europe. Prior to founding ABO Capital, Mr. Campos was CEO of Nazaki Oil & Gaz S.A. He has held the positions of CEO of the mobile phone company Movicel Telecommunications and an executive in the office of the president of SONAIR, S.A., a subsidiary of Sonangol, Angola’s state-owned oil company that oversees oil and gas production. He began his career as a legal advisor with Sonangol Holdings.

SOURCE: EuropaWire

Byrd Imperial Group LLC. Announces 600,000 common equity shares available at no monetary costs

San Antonio, Texas, January 13, 2015 — /EPR FINANCIAL NEWS/ — Byrd Imperial Group is seeking 1 to 4 Executive Advisors to join our team by helping to raise funds to build and operate a new franchise headquarters in Texas. In exchange for successfully seeking out and securing a 10% Preferred Equity Investor who subscribes to a minimum investment of $3.5M, Byrd Imperial Group will issue 150,000 shares of common stock at no cost. An Executive Advisor could earn up to 4 times that amount or 600,000 shares by securing a single qualified Investor.

In addition to this offer, Byrd Imperial Group is offering 4,000,000 Preferred Equity Shares at a price of $3.50 per share with a minimum purchase of 1,000,000 shares.

Byrd Imperial Group LLC. (www.byrdimperialgroup.com) is a franchise development and management company with a total of 9 new business models. Our business plan combines 6 new franchise opportunities along with our internal finance company all-operating at 1 flagship location. From the company headquarters in Texas, we will be able to efficiently manage, grow, and operate each new business opportunity. After smoothing out the operating procedures, the home office location will serve as a springboard to advance each new business as single point locations through nationwide franchising.

Contact-Details: Byrd Imperial Group LLC.
Preston Byrd
210-906-3949
prestonbyrd@byrdimperialgroup.com
www.byrdimperialgroup.com

 

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OKASANA CAPITAL PARTNERS Announces Launch of Global Trading Platform, Providing Retail Investors Online Access to Foreign Markets

Both Active Traders and Mass Affluent Investors Indicate Strong Interest

OKASANA CAPITAL PARTNERS today announced that OKASANA has launched its Global Trading platform. OKASANA institutionalretail customers will now have online access to foreign stocks and currencies in the major international markets and will have the ability to buy, hold and sell in the respective local currency. The pilot launch is focused on the major global markets – Canada, France, Germany, US, Japan and the United Kingdom – and may be expanded to include online access to up to 42 international markets and related currencies.

“Demand for international investing continues to rise dramatically,” said Albert Donovan, President and Chief Operating Officer, OKASANA CAPITAL PARTNERS. “Retail investors see international investments as a key component of overall portfolio diversification and, want the added benefit of direct share ownership. Our Global Trading initiative offers OKASANA customers online access to six major international markets, making it easy and affordable to own foreign equities.”

A recent survey of OKASANA brokerage customers indicates that 67% of those polled are interested in trading stocks on foreign exchanges, with Mass Affluent investors as likely as Active Traders to take advantage of direct international investing opportunities. Those surveyed cited the opportunity for enhanced portfolio diversification (85%), currency exposure (59%), and the opportunity to invest in growth sectors/stocks (49%) as the top three reasons why direct investing outside Hong Kong is attractive.

Through our online Global Trading platform Hong Kong brokerage customers can:

Buy and sell common stock (limit orders) in Canada, France, Germany, Hong Kong, Japan and the United Kingdom

Buy, sell and hold the following currencies in their accounts:

•  US Dollar

•  Canadian Dollar

•  British Pound Sterling

•  Euro

•  Hong Kong Dollar

•  Japanese Yen

•  Transfer multiple currencies

•  View account information:

•  Multi-market Positions

•  Balances within each currency

•  Order status

•  Transaction details

•  View international real-time quotes from exchanges in Canada, France, Germany, Japan and the United Kingdom

•  Access international news, including headlines and company news

•  View international charts, including mini-charts for indices

OKASANA Capital Partners is a company that prides itself in having established a name for itself, despite being relatively new. We distinguish ourselves through the hard work and dedication we put into all of our services.

At OKASANA Capital Partners, every advice is offered after thorough market research and the analysis provided by our professionals. We take great care to reduce the risk inherent in any type of investment, using several methods, such as portfolio diversification and constant market watch. Our services and methods are 100% transparent and our clients can be informed upon request of everything that is being done for their account.

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OKASANA CAPITAL PARTNERS Announces Launch of High Yield Checking Account

 Broadens cash management offerings with a 3.25% APY checking account

OKASANA CAPITAL PARTNERS today announced the launch of OKASANA Bank’s high-yield checking account which includes the full-functionality of a traditional checking account.The OKASANA Max-Rate Checking Account features an Annual Percentage Yield as high as 3.25% over 9X the national average of 0.36% – with unlimited check writing, free Quick Transfer, online bill pay.

“Consumers want a high yield on their transactional cash but not at the expense of functionality,” said Michael Michaels, Managing Director, and OKASANA CAPITAL PARTNERS. “We’ve leveraged technology to provide customers with the tools and services to help them optimize their savings and investments. Now we are doing the same for their every day cash.”

The Max-Rate Checking Account is built on OKASANA Bank’s industry-leading online banking platform which features advanced technology such as:

•  Free online bill pay

•  Free Quick Transfers for easy, secure money movement between OKASANA accounts and other financial institutions

•  Automatic payment and balance alerts

•  Online checking and deposit images

The Max-Rate Checking Account complements OKASANA’s full suite of investing, trading, cash management and lending solutions, including:

•  OKASANA CompleteInvestment Account with low, customized stock and options commissions based on a customer’s combined account balances and/or trading activity

•  Complete Savings Account offering 5.05% APY with no minimum balance and no account fees

•  Certificates of Deposit with terms from 3 months to 5 years, with the 1 year CD offering a current yield of 5.16% APY

•  OKASANA Money Market Account with yields as high as 4.20% APY, check writing capabilities

•  Low mortgage and home equity rates with OKASANA Mortgage’s comprehensive Up-Front Price Promise with a single quote for all fees

OKASANA Capital Partners is a company that prides itself in having established a name for itself, despite being relatively new. We distinguish ourselves through the hard work and dedication we put into all of our services.

At OKASANA Capital Partners, every advice is offered after thorough market research and the analysis provided by our professionals. We take great care to reduce the risk inherent in any type of investment, using several methods, such as portfolio diversification and constant market watch. Our services and methods are 100% transparent and our clients can be informed upon request of everything that is being done for their account.

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