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Investment Management & Fund Operators

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GFA acquires building in Tokyo

Tuesday, 29 Nov 2016 01:39am EST

GFA Co Ltd <8783.T> :Says it has bought a building located in Tokyo at an undisclosed price on Nov. 29.

Permaju Industries Bhd says Chuk Chin Leong appointed chief financial officer

Monday, 28 Nov 2016 04:38am EST

Permaju Industries Bhd :Chuk Chin Leong appointed chief financial officer.

Ratos says to list Arcus on Oslo bourse

Friday, 18 Nov 2016 02:00am EST

Ratos : Arcus and Ratos have decided to proceed with plans for a stock exchange listing and to diversify ownership in Arcus through issue of new shares and sale of existing shares . Ratos and other shareholders, including Hoff sa, comprise "selling shareholders" and intend to divest approximately 36%-65% of existing number of shares in Arcus asa . Price range for Arcus shares is NOK 39-45 per share . To apply for a listing of company's shares on Oslo Børs and first day of trading is expected to be 1 december 2016 . Price per share under offering corresponds to a market capitalisation for total number of shares in arcus following completion of listing of between NOK 2,725 mln and NOK 3,025 mln . Offering will generate gross proceeds for Arcus totalling NOK 775 mln . Offering is aimed at general public in Norway, to institutional investors and to company's employees .Ratos's exit gain in conjunction with listing is expected to amount to about SEK 1,350 mln based on mid-point of price range.

Prime Financial Group Ltd says Paul Cowan has been appointed as Chairman

Monday, 14 Nov 2016 07:44pm EST

Prime Financial Group Ltd : Announce appointment of Paul Cowan as independent non-executive chairman .Peter Madder, an executive-director who was acting as interim chairman will remain chief financial officer and a director.

Legal & General ytd retirement sales 6.7 bln stg

Monday, 14 Nov 2016 02:00am EST

Legal & General Group Plc : Legal & General retirement sales YTD are 6.7 bln stg . Completes largest pension buyout of 2016 with 1.1 billion stg Vickers group pension scheme . Has completed a 1.1 billion stg pension buyout for Vickers group pension scheme, part of Rolls-Royce Group, covering over 11,000 members . Retirement sales year to date are 6.7 billion stg, with 6.3 billion stg in annuities and 0.4 billion stg in lifetime mortgages .Decrease in group's Solvency II surplus from new business regulatory capital strain is expected to be less than £200m (circa 3 pct of premiums) for business year to date.

Dividend Sweden Q3 operating profit increases to SEK 3.3 mln

Monday, 14 Nov 2016 02:00am EST

Dividend Sweden Ab (Publ) : Q3 operating profit 3.3 million Swedish crowns ($361,655.73) versus 0 million crowns year ago .Q3 net revenue 15.0 million crowns versus 0.1 million crowns year ago.

Yahoo Japan will launch an asset management service by artificial-intelligence analysis of big data - Nikkei

Friday, 11 Nov 2016 04:05pm EST

Nikkei: Yahoo Japan will launch an asset management service steered by artificial-intelligence analysis of big data - Nikkei . The Yjam Plus Mutual Fund will be managed by an Astmax subsidiary in which Yahoo Japan invested last month - Nikkei .Initially targeting domestic stocks, Yjam Plus Mutual Fund will be marketed through banking and securities arms of Fukuoka Financial Group - Nikkei.

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