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Investment Management & Fund Operators

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Azimut Holding completes demerger by incorporation of Azimut Consulenza SIM

Monday, 3 Oct 2016 03:00am EDT

Azimut Holding SpA : Files contract on demerger by incorporation of Azimut Consulenza SIM in Azimut Capital Management SGR . As a result of the demerger, all of the equity, assets and liabilities of Azimut Consulenza SIM SpA will be transferred to Azimut Capital Management SGR, Azimut Financial Insurance SpA and the newly formed Azimut Partecipazioni Srl .The group now awaits the removal of Azimut by the Bank of Italy from the Securities Investment Firms (SIM) register and will pay 1.0 euro per share dividend within 30 days of such removal.

Niiio Finance Group announces strategic changes

Monday, 29 Aug 2016 12:00pm EDT

Niiio Finance Group AG :Will concentrate its business activities in the future on the design, development and distribution of specific software for banks and financial service providers.

Yellow Brick Road moves to franchise structure and consolidates

Tuesday, 2 Aug 2016 06:40pm EDT

Yellow Brick Road Holdings Ltd : Yellow Brick Road Holdings Ltd moves to franchise structure and consolidates . Wealth division will be restructured . Says acquisitions were made to increase scale, market share and distribution to the existing business . Says for wealth management "will consolidate the roles of CEO and national manager" . Broader corporate restructure involves removal of number of management level roles across the company in lending, wealth, and marketing . Changes follow the acquisition of four businesses: resi mortgage corporation, vow financial, brightday and loan avenue .

Future Venture Capital to dissolve unit and to suspend business in unit

Thursday, 16 Jun 2016 05:00am EDT

Future Venture Capital Co Ltd <8462.T> : Says its unit IoT Sohatsu Ventures decides to dissolve a Kyoto-based investment business limited partnership in which the company owns a 99.95 percent stake . Says its unit IoT Sohatsu Ventures' business will be suspended along with the dissolution of the Kyoto-based investment business limited partnership .Effective date is June 30.

Old Mutual, OMAM agreed to accelerate and terminate capital management agreement

Tuesday, 14 Jun 2016 07:40am EDT

Old Mutual Plc : OMAM has negotiated an acceleration and subsequent termination of deferred tax asset deed and seed capital management agreement with co . OMAM's on-going liabilities to Old Mutual under both agreements shall be satisfied earlier than expected .Omam acquires interest in landmark partners.

Indus Q1 earnings after taxes slightly up at 16.0 mln euros

Wednesday, 18 May 2016 01:30am EDT

Indus Holding AG : Strengthens its investments through strategic additions . Sales revenues up 1.5 pct in Q1 2016 to 332.8 million euros ($375.46 million); earnings after taxes up 0.6 pct on previous year . Q1 EBIT reached 30.5 million euros (previous year Q1: 31.5 million euros) . At 16.0 million euros, Q1 earnings after taxes were slightly higher than in previous year (previous year Q1: 15.9 million euros) . Confirms its forecast for full year .At 99.7 million euros, Q1 cash and cash equivalents were slightly higher than in previous year (previous year Q1: 95.2 million euros).

Ezcorp Q2 loss per share $1.33 from continuing operations

Monday, 9 May 2016 07:32pm EDT

Ezcorp Inc : Says completed strategic review of Grupo Finmart announced in February 2016 . Have concluded that a sale of Grupo Finmart is preferred alternative and have commenced a process to solicit proposals from interested buyers . Says UBS investment bank, which has been assisting in strategic review, is running sale process for Grupo Finmart . Ezcorp announces second quarter fiscal 2016 results . Q2 loss per share $1.33 from continuing operations . Q2 revenue $201.9 million .Q2 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S.

Digital Magics SpA transferred business line of WebWorking to LiveXtention

Tuesday, 23 Feb 2016 07:00pm EST

Digital Magics SpA:Says it transferred business line of digital marketing agency WebWorking Srl to LiveXtention Srl.LiveXtention is 70 percent-owned Digital Magics unit.

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