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Investment Management & Fund Operators

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Brainworks ‍says HY revenue grew by 23 pct to $24.22 mln

Friday, 20 Oct 2017

Oct 20 (Reuters) - Brainworks Ltd :‍GROUP'S REVENUE GREW BY 23% TO CLOSE AT US$24.22 MILLION IN HY​.HY ‍LOSSES BEFORE TAX OF US$4.87 MILLION​.BRAINWORKS - HY ‍LOSSES BEFORE TAX OF US$4.87 MILLION, HIGHER COMPARED TO US$2.20 MILLION RECORDED IN SAME PERIOD LAST YEAR​.BRAINWORKS - ‍GROUP EXPECTS IMPROVEMENT IN PERFORMANCE SEEN IN FIRST HALF OF YEAR TO ACCELERATE IN SECOND HALF OF YEAR​.BRAINWORKS - ‍WORKING TOWARDS A SECONDARY LISTING OF COMPANY ON ZIMBABWE STOCK EXCHANGE AND THIS IS EXPECTED TO HAVE BEEN COMPLETED BY 31 DECEMBER 2018​.

Frontline Securities appoints ‍Mayank Aggrawal as CFO

Friday, 20 Oct 2017

Oct 20 (Reuters) - Frontline Securities Ltd :Says ‍approved appointment of Mayank Aggrawal as chief financial officer.

Auden sells less than 3 pct stake in Optiopay GmbH

Friday, 20 Oct 2017

Oct 20 (Reuters) - AUDEN AG ::HAS SOLD A SHARE OF LESS THAN 3 PERCENT, FROM TOTAL OF 9.6 PERCENT, IN OPTIOPAY GMBH AT AN ATTRACTIVE VALUATION LEVEL​.PARTIES AGREED NOT TO DISCLOSE PURCHASE PRICE AND FURTHER TRANSACTION DETAILS.

NAXS Q3 net loss at SEK 16.4 million

Friday, 20 Oct 2017

Oct 20 (Reuters) - NAXS AB (PUBL) ::Q3 NET LOSS SEK ‍16.4​ MILLION VERSUS PROFIT SEK 9.9 MILLION YEAR AGO.NET ASSET VALUE AT SEPT. 30 SEK ‍824​ MILLION VERSUS SEK 806 MILLION YEAR AGO.

Record Plc says assets under management was $61.2 billion Sept.30

Friday, 20 Oct 2017

Oct 20 (Reuters) - Record Plc ::RECORD PLC - ‍GROUP'S ASSETS UNDER MANAGEMENT EQUIVALENTS AS AT 30 TH SEPTEMBER 2017 TOTALLED $61.2 BILLION​.

Westwood Holdings says ‍on Oct 13, Westwood, AGF investments entered into settlement relating to previously disclosed litigation between parties

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Westwood Holdings Group Inc :Westwood Holdings Group - ‍on Oct 13, Westwood, AGF investments entered into a settlement relating to previously disclosed litigation between parties​.Westwood holdings group inc - ‍westwood has agreed to make a one-time payment to AGF of $10 million Canadian before any recovery of insurance proceeds​.

Auden: new management board says FY forecast from April unreachable

Thursday, 19 Oct 2017

Oct 19 (Reuters) - AUDEN AG ::NEW MANAGEMENT BOARD CONSIDERS FY FORECAST PUBLISHED IN APRIL BEYOND REACH.CAPITAL INCREASE OF AUDEN AG FROM DECEMBER 2016 IS CURRENTLY UNDER REVIEW​.LIABILITIES FROM LOANS AT NOMINAL AND INVESTMENT COMMITMENTS WERE REDUCED TO APPROX. EUR 2.3 MILLION AT END OF SEPT.

Bank Of New York Mellon issues Q4, full-year guidance

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Bank Of New York Mellon Corp :Bank of New York Mellon - ‍"expect performance fees in investment management business in Q4 will be similar to Q4 of 2016" - conf call.Bank of New York Mellon - ‍investment in other income for Q4 & beyond expected to be in $40 million to $60 million range - conf call.Bank of new york mellon - expect total adjusted expenses for full year in line with prior guidance or about 1% higher than last year - conf call.Bank of new york mellon - "expect to generate positive operating leverage for the full year" - conf call.Bank of new york mellon - full year net interest revenue still expected to be at high end of 4% to 6% range given previously - conf call.Bank of new york mellon - "drop in average deposits in q3 attributable to one large client" - conf call.Bank of new york mellon - On blockchain: "we do have a fair amount of work going on inside the company focused on blockchain" - conf call.

Blackstone Group LP Q3 2017 total revenues $1.75 billion versus $1.43 billion ‍​

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Blackstone Group LP :Blackstone Group LP Q3 2017 total revenues $1.75 billion versus $1.43 billion ‍​.Blackstone Group LP qtrly net income per unit $0.56‍​.Blackstone Group LP qtrly economic net income was $834 million, up 21 percent; qtrly economic net income per unit $0.69.Blackstone Group LP qtrly distributable earnings was $626 million, up 5 percent; qtrly distributable earnings per unit $0.52.Blackstone Group LP - inflows were $19.7 billion in the quarter, bringing the last twelve months inflows to$62.4 billion‍​.Blackstone group LP - total AUM increased 7% year-over-year to $387.4 billion at quarter-end.Blackstone Group LP - declared qtrly distribution of $0.44/common unit to record holders of common units at the close of business on October 30, 2017.Q3 earnings per share view $0.54, revenue view $1.40 billion -- Thomson Reuters I/B/E/S.

BNY Mellon reports Q3 earnings per share $0.94

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Bank Of New York Mellon Corp :BNY Mellon reports third quarter earnings of $983 million or $0.94 per common share.Q3 earnings per share $0.94.Q3 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.Bank of New York Mellon Corp - qtrly ‍provision for credit losses was a credit of $6 million​.Bank of New York Mellon Corp qtrly net interest revenue $839‍​ million versus $774 million.Bank of New York Mellon Corp - qtrly ‍total revenue of $4.0 billion, increased 2 pct​.Bank of New York Mellon Corp qtrly total GAAP revenue $‍​4,016 million versus $3,941 million.Bank of New York Mellon Corp - AUM of $1.82 trillion increased 6 pct at quarter-end​.Bank of New York Mellon Corp - qtrly non-GAAP total revenue $4,013‍​ million versus $3,932 million.Bank of New York Mellon Corp - ‍net short-term inflows of $10 billion in 3Q17​.Q3 revenue view $4.00 billion -- Thomson Reuters I/B/E/S.

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