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Investment Management & Fund Operators

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Azimut Total Net Inflows In November At Eur 403 Million

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - AZIMUT ::TOTAL NET INFLOWS IN NOVEMBER AT EUR 403 MILLION.

Blackrock To Support Chairman Donald Brydon In London Stock Exchange-TCI Row- Source

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - :BLACKROCK TO SUPPORT CHAIRMAN DONALD BRYDON IN LONDON STOCK EXCHANGE-TCI ROW- SOURCE.

AVIC Capital unit receives administrative penalty order

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - AVIC Capital Co Ltd <600705.SS>:Says its unit, AVIC TRUST received an administrative penalty order from Jiangxi Regulatory Bureau of China Securities Regulatory Commission, due to capital pool related problems .

CdR Advance Capital Acquires Control of Borgosesia

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - CDR ADVANCE CAPITAL SPA ::SAID ON TUESDAY IT HAD ACQUIRED VIA CDR REPLAY SRL THE CONTROL OF BORGOSESIA <<>> FOLLOWING THE POSITIVE OUTCOME OF BORGOSESIA'S SHARE SWAP OFFER.THE FINAL RESULTS OF THE OFFER WERE ANNOUNCED ON MONDAY nL8N1OC1D6.FOLLOWING THE SHARE SWAP OFFER, CDR REPLAY SRL OWNS A 49.0 PCT STAKE IN BORGOSESIA AND 66.8 PCT OF ITS VOTING RIGHTS.

GFA sells Tokyo-based real estate

Wednesday, 13 Dec 2017

Dec 13(Reuters) - GFA Co Ltd <8783.T>:Says it sold a Tokyo-based real estate on Dec. 13.Price undisclosed .

Ratos appoints Jonas Wistrom new CEO, Per-Olof Soderberg new chairman

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Ratos AB ::REG-RATOS: JONAS WISTRÖM NEW CEO OF RATOS, PER-OLOF SÖDERBERG NEW CHAIRMAN OF THE BOARD.SAYS ‍MAGNUS AGERVALD WILL STEP DOWN FROM RATOS EFFECTIVE IMMEDIATELY​.SAYS IN CONJUNCTION WITH THIS CHANGE, MAGNUS AGERVALD WILL STEP DOWN FROM RATOS EFFECTIVE IMMEDIATELY.SAYS ‍HAS APPOINTED PER-OLOF SÖDERBERG AS COMPANY'S NEW CHAIRMAN OF BOARD​.SAYS BOARD IS NOT SATISFIED WITH RATOS'S PERFORMANCE.SAYS ‍BOARD'S ASSESSMENT IS THAT THESE CHANGES ARE NECESSARY TO ENABLE COMPANY TO CREATE VALUE​.SAYS TO SUCCEED IN IMPLEMENTING NEW STRATEGIC DIRECTION ESTABLISHED DURING YEAR, WE BELIEVE A DIFFERENT LEADERSHIP IS NEEDED.

Lloyd Fonds: negotiations concerning premature exit of CEO

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - Lloyd Fonds AG ::SAID ON TUESDAY, ON DEC. 10, SUPERVISORY BOARD OF ADOPTED A RESOLUTION TO COMMENCE NEGOTIATIONS WITH CHIEF EXECUTIVE OFFICER, TORSTEN TEICHERT, CONCERNING PREMATURE TERMINATION OF HIS ACTIVITIES ON MANAGEMENT BOARD.THE PARTIES ARE STRIVING FOR AN AMICABLE TERMINATION EFFECTIVE DECEMBER 31, 2017 OF TEICHERT'S SERVICE CONTRACT, WHICH ORDINARILY EXPIRES ON JUNE 30, 2019.AS EARNINGS FOR 2017 WILL BE REDUCED BY A SUM IN THE MID TO HIGH SIX DIGITS AS A RESULT OF THIS, EARNINGS GUIDANCE OF AROUND EUR 2 MILLION WILL NOW PROBABLY NOT BE ACHIEVED.AFTER TEICHERT'S EXIT, HIS DUTIES WILL BE PERFORMED BY KLAUS M. PINTER, THE OTHER MEMBER OF THE MANAGEMENT BOARD.

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