Global Private Banker’s Post

Beltone Asset Management, a key player under Beltone Financial Holding, unveils the Beltone Evolve Gold Fund Sabayek. Co-sponsored by Beltone Securities Holding and Evolve Investment Holding, Sabayek ventures into direct investments in 999.9 purity physical gold bullion, aiming to secure EGP10 million. The fund's plan is to offer 100,000 units at a nominal value of EGP100 each, with an initial seed capital of EGP 5 million. Plus, Egy-Cash, backed by the Central Bank of Egypt, ensures full insurance and secure storage for the gold bullion held by the fund. Sabayek comes as a golden opportunity for investors, providing a fresh avenue to dive into the world of gold investments in Egypt. With global demand soaring for gold as a reliable hedge against inflation and currency fluctuations, Sabayek is set to make waves in the investment landscape. #BeltoneEvolveGoldFund #SabayekLaunch #GoldInvestments #InvestmentOpportunity #FinancialNews #BeltoneAssetManagement #EvolveInvestment #InvestmentFund #GoldBullion #FinanceNews #WealthBuilding #SmartInvesting #GoldHedge #EgyptInvestment #FinancialInnovation #BeltoneFinancial #SavvyInvestor #WealthManagement

Trigon Asset Management's Trigon Dividend Fund was honored with the most prestigious award in the world of investment funds, the LSEG Lipper Fund Awards 🏆   The Trigon Dividend Fund was selected as the best fund in Europe over a three-year period in the multi-asset category, outperforming 65 other funds in its class 📈   "In essence, these are like the Oscars of the investment funds universe, and such recognition is very important to us. While we acknowledge our own success and are willing to communicate it, it's even more significant when others take notice. It's truly a compliment.," commented Mr. Mihkel Välja, Partner and Fund manager at Trigon Asset Management.   The LSEG Lipper Fund Awards are given annually to funds that have consistently outperformed their peer group based on risk-adjusted returns. Therefore, Lipper awards are purely based on performance, increasing credibility among both clients and investors.   "This particular award demonstrates that our performance over the past three years has been superior to that of similar funds in Europe. We recently had a meeting with a partner from South Africa who noted that this recognition showcases our outstanding long-term work, and it reassures them that they made the correct decision in partnering with us," Mr. Välja added.   The LSEG Lipper Fund Awards (formerly Thomson Reuters Lipper Fund Awards), which monitor players from 19 different countries, have granted performance-based awards for over 30 years.   Trigon Asset Management is an independent domestic investment company focusing on emerging Europe and manages a portfolio of over 900 million euros. Just last year, the Trigon Dividend Fund had a return of 35.7%. Estonian citizens can invest in the Trigon Dividend Fund through their LHV or Swedbank online bank. We invite you to learn more about our investment philosophy and explore the potentials with Trigon Asset Management. About Trigon Asset Management https://lnkd.in/dtJNNyWz The performance of the fund in previous periods does not guarantee the performance of the fund in the following periods. Read the prospectus and basic information of the fund here https://lnkd.in/dtJNNyWz and consult an expert. #B2B #Europe #Investment #dividendfund #trigon #assetmanagement #emergingeurope #LSEGLipper

Its both humbling and a privilege working with these guys! The team of Trigon Asset Management AS is truly world class in what they do 🏆 #B2B #Europe #Investment #dividendfund #trigon #assetmanagement #emergingeurope #LSEGLipper

Tatton Asset Management plc has set its sights on reaching £30 billion in assets under management (AUM) by 2029! In their audited final results for the year ending March 31, 2024, Tatton reported impressive growth: - Revenue Increase: A remarkable 13.9% rise to £36.8 million (£32.3 million in 2023) - Profit Before Tax: A solid £16.7 million, compared to £15.9 million in 2023. - AUM/I Surge: Assets under management and influence (AUM/I) soared by 26.9% to £17.6 billion (£13.8 billion in 2023). Tatton’s CEO, Paul Hogarth, highlighted net inflows of approximately £900 million in Q1 FY25. The aim is to achieve this ambitious goal with a consistent run rate of £2 billion net inflows annually.   Thank you to all IFAs for their constant support!   Read more here: https://lnkd.in/eVwv6A-d 

Mercia Asset Management PLC (AIM:MERC) shares jumped 6% after it proposed a new investment approach and an increased final dividend after generating record fund inflows last year. The regionally focused alternative asset manager said its intention is to focus on its profitable and fast-growing fund under management (FuM), proposing a resolution at the annual shareholder meeting to reclassify Mercia as a trading company focused on the business of asset management rather than an investing company under the AIM rules. When it floated on London’s junior market the company had net assets of £81million and third-party FuM of around £23 million, while in the past year to March, total assets under management (AuM) rose 27% to £1.82 billion, while third-party FuM swelled 32% to £1.6 billion, dwarfing net assets of £189.2 million. Mercia said its intention is to “no longer to make new direct investments from our balance sheet.... More at #Proactive #ProactiveInvestors http://ow.ly/nU1N105z07a

Delighted to add this fund comparison charting tool to our FundHub site. This is a completely free facility where financial advisors can compare the performance of funds, through dynamic and interactive charting. These can be then downloaded into investment reports for clients. FUNDHUB.co.za #investmentmanagement #wealthmanagement #financialplanning Iress

We always strive to improve our user experience and make more information available to financial advisors. Let us know your thoughts on our latest fund comparison tool. The Collaborative Exchange #financialadvisors #assetmanagement

Progress continues at pace in the UK as the Asset Management community steps closer to new digital tokenised investment products….. Adam Belding has written this summary article which is well worth a read

Cantor Fitzgerald Asset Management Infrastructure Fund Celebrates Two-Year Anniversary with $150 Million in Total Net Assets New York, NY Cantor Fitzgerald Asset Management today announced the Cantor Fitzgerald Infrastructure Fund (the "Fund"), the first ’40 Act fund primarily focused on providing access to private infrastructure, surpassed $150 million in total net assets since its launch in June 2022. The Fund began trading on Nasdaq under the ticker symbol $CAFIX and has since added multiple share classes (Nasdaq: $CFIIX, $CFCIX, and $CFISX) to support the needs of a diversified1 client base. The portfolio consists of private and public infrastructure assets, both debt and equity, through a ’40 Act interval fund structure with a daily valuation and quarterly liquidity.2 As of June 30, 2024, the Fund’s Class I Shares (Nasdaq: $CFIIX), primarily used in advisory and institutional accounts and representing 85% of the Fund’s assets, delivered a 13.73% annualized return since inception.3, 4 This compares favorably to the S&P Global Infrastructure Index, the Fund’s benchmark, which returned 7.02% (without deduction for fees, expenses, or taxes) over the same period. The Fund also increased distributions to shareholders in six consecutive quarters – from the fourth quarter of 2022 through the first quarter of 2024. As of the second quarter of 2024, the annualized distribution rate, based on the daily NAV/share, was 4.00%5 and the Fund’s distribution rate since inception was 4.60%. 4, 5, 6 #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity $CFIIX $CFCIX $CFISX $CAFIX

Fidelity Institutional Asset Management (FMR LLC), a leading US-based investment management firm and one of the top five investors in Safaricom, has significantly reduced its stake in the Kenyan telecommunications giant. This move, involving the sale of approximately 607 million shares—reducing its holding from 921.1 million shares in September 2022 to about 314 million—was prompted by frustrations over delays in dividend repatriation amid a challenging foreign exchange situation in Kenya. These delays breached FMR's internal investment protocols, mirroring a broader concern among foreign investors regarding liquidity and the ease of repatriating funds from Kenya. This sell-off occurred as Safaricom's market valuation plunged by 55 percent, from Sh1.19 trillion to Sh532.9 billion, amidst a broader decline in share price from Sh29.82 to Sh13.30. The situation was exacerbated by a significant forex liquidity crunch in Kenya, impacting the timely repatriation of dividends and the repatriation of share sale proceeds, highlighting systemic challenges in the Kenyan market for foreign investors.