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Investment Management & Fund Operators

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Lloyd Fonds says Stefan Rindfleisch new chairman of supervisory board

Wednesday, 24 May 2017 11:17am EDT

May 24 (Reuters) - LLOYD FONDS AG ::DGAP-NEWS: LLOYD FONDS AKTIENGESELLSCHAFT: SHAREHOLDERS APPROVE DIVIDEND OF 16 CENT PER SHARE AT THE ANNUAL GENERAL MEETING; DR. STEFAN RINDFLEISCH NEW CHAIRMAN OF THE SUPERVISORY BOARD.STEFAN RINDFLEISCH NEW CHAIRMAN OF SUPERVISORY BOARD.

GBK Beteiligungen concludes sale of its indirectly held interests in Lück Verwaltungs

Wednesday, 24 May 2017 10:40am EDT

May 24 (Reuters) - GBK BETEILIGUNGEN AG ::ON 17 APRIL, SIGNED A CONTRACT FOR SALE OF ITS INDIRECTLY HELD INTERESTS IN LÜCK VERWALTUNGS GMBH.THE AGREEMENT WAS CONCLUDED ON 24 MAY 2017.THERE WILL BE A SALE PROFIT AFTER KAGB OF AROUND 2.3 MILLION EUROS.

Sygnia Ltd reports half-year diluted HEPS of 25.70 cents

Wednesday, 24 May 2017 09:49am EDT

May 24 (Reuters) - Sygnia Ltd ::HY diluted headline earnings per share of 25.70 cents.Interim dividend per share of 25.00 cents.HY assets under management and administration of R159 billion (31 March 2016: R146 billion).HY revenue grew by 12 pct to R147.5 million (31 March 2016: R131.4 million).Net inflows over 12-month period since 31 March 2016 amounted to R2.1 billion.Institutional assets acquired but not yet reflecting in aum as at 31 March 2017 amount to R4.6 billion.Expect to continue to advertise as ongoing business strategy, maintain level of expenditure at same level as past six months for foreseeable future.

GF Securities Co updates on approval of qualifications as directors

Wednesday, 24 May 2017 08:58am EDT

May 24 (Reuters) - Gf Securities Co Ltd <000776.SZ>:Announcement in relation to approval of liu xuetao's and li yanxi's qualifications as directors.Guangdong Bureau Of China Securities Regulatory Commission approved Liu Xuetao's and Li Yanxi's qualification as directors.

India's Tata Investment Corp March-qtr profit falls

Wednesday, 24 May 2017 08:56am EDT

May 24 (Reuters) - Tata Investment Corporation Ltd ::March quarter net profit 161.2 million rupees versus 223.8 million rupees year ago.March quarter total revenue 358.4 million rupees versus 323.1 million rupees year ago.

Eaton Vance Corp reports Q2 earnings per share $0.62

Wednesday, 24 May 2017 08:46am EDT

May 24 (Reuters) - Eaton Vance Corp : :Eaton Vance Corp report for the three and six month periods ended april 30, 2017.Q2 earnings per share $0.62.Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Eaton Vance Corp - consolidated net inflows of $12.9 billion in Q2 versus net inflows of $2.1 billion.Eaton Vance Corp- Q2 revenue $374.632 million versus $323.3 million.Eaton Vance Corp says consolidated aum were $387.0 billion on April 30, 2017, an increase of 21 percent.Eaton Vance Corp says average consolidated assets under management were $376.5 billion in Q2 of fiscal 2017, up 22 percent.Q2 revenue view $371.6 million -- Thomson Reuters I/B/E/S.Eaton Vance Corp - consolidated sales and other inflows were $39.0 billion in Q2 of fiscal 2017, up 40 percent from $27.8 billion in Q2 of fiscal 2016.

CF Corp to acquire Fidelity & Guaranty Life at about $1.84 bln

Wednesday, 24 May 2017 06:00am EDT

May 24 (Reuters) - CF Corp -:CF Corporation to acquire fidelity & guaranty life in transformative all-cash transaction valued at $1.835 billion.Says deal for all-cash transaction valued at $1.835 billion.Says CF Corp Will acquire fgl for $31.10 per share in cash.CF Corp says transaction will be financed with $1.2 billion from CF Corp's ipo and forward purchase agreements.Says deal for approximately $1.835 billion, plus assumption of $405 million of existing debt.CF Corp - following close of transaction, fgl will continue to be led by its current management team under chris littlefield as president and ceo.CF Corp says fgl will remain headquartered in des moines, iowa,.CF Corp says transaction will also be financed more than $700 million in additional new common and preferred equity.CF Corp says fgl will enter into an investment management agreement with affiliates of blackstone.CF Corp - funds advised by blackstone tactical opportunities, by gso capital partners lp, fnf have provided a full backstop funding commitment.CF Corp - co, hrg group inc, fgl's largest shareholder, approved purchase agreement under which co will acquire certain reinsurance companies from hrg.CF Corp says for the deal bank of america merrill lynch and ft partners are acting as financial advisors to cf corp.CF Corp -investor group, funds affiliated with blackstone, fidelity national financial will invest about $900 million in common & preferred equity to fund deal.

Publity buys 16,000 square metre office property in Bad Homburg

Wednesday, 24 May 2017 03:32am EDT

May 24 (Reuters) - Publity AG :Says has bought office property in Bad Homburg with 16,000 square metres.

Westpac Banking says institutional offer of 60 mln shares in BT Investment Management

Wednesday, 24 May 2017 02:46am EDT

May 24 (Reuters) - Westpac Banking Corp :announces BT Investment Management (BTIM) institutional offer.Westpac banking says fully-underwritten offer of 60 million shares in BT Investment Management to institutional investors.Offer price range has been set as $10.25 to $10.75 per share.Following completion of offer, westpac's ownership in btim will reduce from 29% to 10%.Completion of offer is expected to add approximately 10 basis points to westpac's common equity tier 1 capital ratio.Westpac banking corp says will sell remaining 10% shareholding in bt investment management in the future.

Premier Asset Management Group AUM up 11 pct in H1

Wednesday, 24 May 2017 02:18am EDT

May 24 (Reuters) - Premier Asset Management Group Plc :Assets under management (AUM) increased by 11 pct to 5.5 billion pounds as at 31 March 2017.Total net inflows of 311 million pounds in six months to 31 March 2017.Adjusted profit before tax up 32 pct to 6.25 million pounds.

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