DOCSLIB.ORG

Vontobel Investment Banking Vontobel Pushes Its Expansion And

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Vontobel Investment Banking Vontobel Pushes Its Expansion And Vontobel Investment Banking News / 19 January 2017 Vontobel pushes its expansion and lists 600 NEW Covered Warrants on SeDeX • The product suite includes 600 Covered Warrants on FTSE MIB, DAX and a selection of Italian stocks listed on SeDeX (Borsa Italiana) • New instruments for trading volatile markets as well as for portfolio hedging • Among the underlying assets are 16 Italian stocks representing the banking, industrial, energy, automotive and luxury sectors • Expiration date up to December 2018 (products with 3-to-24 months to maturity) • Client enjoy a greater choice of strikes and maturities through a wide range of products Vontobel further enlarges its offering in the SeDeX segment with 600 new Covered Warrants on Indices and Italian stocks. The issuance includes 144 products on FTSE MIB, 73 on DAX and 383 on Italian stocks, such as Generali, Fiat-FCA, Eni, Enel, Intesa San Paolo, Unicredit, Atlantia, Buzzi Unicem, CNH Industrial, Exor, Leonardo-Finmeccanica, Luxottica, Mediobanca, Prysmiam, STM Microelectronics and Tenaris. “We have started the new year by offering another range of products to our Italian investors. The extension of our product suite with Covered Warrants gives our clients not only further instruments to trade volatile markets but also the capability to hedge their portfolios with Put Warrants”, said Heiko Geiger, Head of Public Distribution Europe at Vontobel Investment Banking. “Italy is revealing itself to be one of the most dynamic and responsive markets, and we believe this offer may help investors to find their best market opportunities.” Covered Warrants are financial instruments that give the right to either buy (Covered Warrant Call) or sell (Covered Warrant Put) an underlying asset (an index or a share) at a predetermined price (exercise price), through a smaller financial investment, compared to the direct investment for the same asset. Opportunities presented by these products include: • Unlimited leveraged participation as long as market fluctuations are in line with the investor’s market expectations • Alternative leveraged instrument to the direct investment in the underlying asset • Strong responsiveness to market fluctuations: through the leverage effect investors may proportionally take part in the financial performance without obligation to buy the underlying asset directly Vontobel Investment Banking Bleicherweg 21 Phone number +41 (0)58 283 59 00 CH-8022 Zürich Media +41 (0)58 283 59 30 Seite 2/2 • Flexible use for traders in order to open long leveraged positions as well as portfolio hedging strategies • Enhance investor’s portfolio with tactical focus on market opportunities • Maximum loss limited to the invested capital • Medium/Long-Term investment: Covered Warrants have an average life from 3 to 24 months • Vontobel as Market Maker provides liquidity on SeDeX of Borsa Italiana from 9.05 AM to 5:30 PM Vontobel is the issuer with the widest range of Constant Leverage Certificates in Italy and also offers one of the most restrained spreads of the market. Vontobel received the Italian Certificate Awards 2016 for ‘’Best Newcomer 2016’’ and earned the second prize for the ‘’Best leveraged product’’. The full range of products and underlying assets is available on the website certificate.vontobel.com Press Office Birgitta Muhr | [email protected] | +39 02 8812901 Note Covered Warrants are complex financial products and claims for a continuous monitoring and appropriate financial knowledge of these instruments and of the variables conditioning its fluctuations on the stock market. The negotiations of the Covered Warrants may cause the loss of a part or of a total invested capital. Vontobel Investment Banking Vontobel Investment Banking provides customized investment solutions for clients and external asset managers. It is one of the leading issuers of structured products in Switzerland and Europe and has a presence in Asia. Its award- winning research and its expertise in corporate finance, as well as the securities services provided by Transaction Banking, complete its offering. Investment Banking is also a global leader in the digitalization of investment solutions. www.vontobel.ch/ib Vontobel Investment Banking is one of Vontobel’s three divisions – together with Private Banking and Asset Management – whose mission is to protect and build the wealth clients have entrusted to them over the long term. In doing so, Vontobel is committed to Swiss quality and performance standards. With their good name, the owner families have stood by these principles for generations. The registered shares of Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families and the Vontobel Foundation hold the majority of shares and votes in the company. Legal information This document is for information purposes only and does not constitute an offer of any kind. The services described in the document are supplied under the agreement signed with the service recipient. The nature, scope and prices of services and products may vary from one country to another and may change without notice at any time. Certain services and products are not available worldwide or from all companies of Vontobel. In addition, they may be subject to legal restrictions in certain countries. Vontobel Investment Banking Bleicherweg 21 Phone number +41 (0)58 283 59 00 CH-8022 Zürich Media +41 (0)58 283 59 30 .
Load more

Recommended publications
  • Methodology of Comparison 2013
    METHODOLOGY OF COMPARISON 2013 Comparative Analysis of Sustainability Performance Methodological Remarks Convinced that a comparison of environmental, social and governance performance is of interest, not only to the Company itself, but also to its stakeholders, certain comparisons between Terna’s results and those of other com- panies are included in the 2013 Sustainability Report, as was the case in the preceding three years. Listed below are the main criteria adopted in the analysis, as an introduction to the reading and interpretation of the comparisons of individual indicators in the Report: • three panels of companies were identified: an industry panel, composed of the European transmission system operators and the major extra-European operators in terms of kilometres of lines managed; and two multi- industry panels, the first relative to large Italian companies (the 40 companies of the FTSE-MIB at 18 December 2013) and the second relative to the best international performers (the 24 world Sustainability Industry Group Leaders, identified by the RobecoSAM sustainability rating agency and disclosed at the publishing of the Dow Jones Sustainability Index of September 2013). The purpose of the three panels is to guarantee, also relative to the type of indicator reviewed, a comparison between companies with the same operational characteristics, an Italian comparison, and a comparison with the top international performers. The Terna figures do not contribute to the calculation of the average in the case of the RobecoSAM – Supersector Leaders panel; • the companies considered from among those in the three panels were those which publicise the information necessary for comparisons either on their websites, through the Sustainability Report (even if not prepared following the GRI guidelines) or through other documentation (HSE Report, financial report, etc.).
    [Show full text]
  • An Analysis of the Level of Qualitative Efficiency for the Equity Research Reports in the Italian Financial Market
    http://ijba.sciedupress.com International Journal of Business Administration Vol. 9, No. 2; 2018 An Analysis of the Level of Qualitative Efficiency for the Equity Research Reports in the Italian Financial Market Paola Fandella1 1 Università Cattolica del Sacro Cuore, Italy Correspondence: Paola Fandella, Università Cattolica del Sacro Cuore, Italy. Received: January 15, 2018 Accepted: February 6, 2018 Online Published: February 8, 2018 doi:10.5430/ijba.v9n2p21 URL: https://doi.org/10.5430/ijba.v9n2p21 Abstract Corporate reports issued by various financial intermediaries play a major role in investment decisions. For this reason, it is particularly interesting to understand the accuracy of the forecasts, by carrying out an empirical analysis of the "equity research" system in Italy, identifying structural features, degree of reliability and incidence in the market. The choice of the analysis of the efficiency level information on the Italian market proposes to assess the interest of equity research of a niche market (339 listed companies in 2017) but with characteristics of potential growth such as having been acquired by LSEGroup in 2007, the 6th stock-exchange group at international level for the number of listed companies and the 4th for capitalization. The analysis was carried out on the reports issued on companies belonging to the Ftse Mib stock index during a period of 5 years. It aims to analyse the composition of the equity research system in Italy as well as the analysts' ability to properly evaluate the stocks' fair price, so as to test their degree of reliability and detect possible anomalies in recommendations to the investors.
    [Show full text]
  • Of the Ftse-Mib Companies
    DEPARTMENT OF BUSINESS AND MANAGEMENT DEPARTMENT OF ECONOMICS AND FINANCE MASTER’S DEGREE IN CORPORATE FINANCE INTERLOCKING DIRECTORATES IN ITALY: SOCIAL NETWORK ANALYSIS OF THE FTSE-MIB COMPANIES SUPERVISOR CANDIDATE Prof. Saverio Bozzolan Guido Biagio Sallemi SUPERVISOR Prof. Riccardo Tiscini ACADEMIC YEAR 2018-19 1 2 CONTENTS 1. Introduction ................................................................................................................................... 5 2. The interlocking literature ............................................................................................................ 9 2.1. Theory behind the interlocking directorates .......................................................................... 9 2.2. Relevant cases and findings in SNA Literature................................................................... 11 3. Methodological Section .............................................................................................................. 15 3.1. Social network Analysis ...................................................................................................... 15 3.2. Basic Graphs Taxonomy ..................................................................................................... 16 3.3. Vertex Degree and related metrics ...................................................................................... 19 3.4. Centrality measures ............................................................................................................. 20 3.5. Network Cohesion
    [Show full text]
  • 2019 Annual Report Annual 2019
    a force for good. 2019 ANNUAL REPORT ANNUAL 2019 1, cours Ferdinand de Lesseps 92851 Rueil Malmaison Cedex – France Tel.: +33 1 47 16 35 00 Fax: +33 1 47 51 91 02 www.vinci.com VINCI.Group 2019 ANNUAL REPORT VINCI @VINCI CONTENTS 1 P r o l e 2 Album 10 Interview with the Chairman and CEO 12 Corporate governance 14 Direction and strategy 18 Stock market and shareholder base 22 Sustainable development 32 CONCESSIONS 34 VINCI Autoroutes 48 VINCI Airports 62 Other concessions 64 – VINCI Highways 68 – VINCI Railways 70 – VINCI Stadium 72 CONTRACTING 74 VINCI Energies 88 Eurovia 102 VINCI Construction 118 VINCI Immobilier 121 GENERAL & FINANCIAL ELEMENTS 122 Report of the Board of Directors 270 Report of the Lead Director and the Vice-Chairman of the Board of Directors 272 Consolidated nancial statements This universal registration document was filed on 2 March 2020 with the Autorité des Marchés Financiers (AMF, the French securities regulator), as competent authority 349 Parent company nancial statements under Regulation (EU) 2017/1129, without prior approval pursuant to Article 9 of the 367 Special report of the Statutory Auditors on said regulation. The universal registration document may be used for the purposes of an offer to the regulated agreements public of securities or the admission of securities to trading on a regulated market if accompanied by a prospectus or securities note as well as a summary of all 368 Persons responsible for the universal registration document amendments, if any, made to the universal registration document. The set of documents thus formed is approved by the AMF in accordance with Regulation (EU) 2017/1129.
    [Show full text]
  • FTSE MIB Quarterly Rebalancing Changes 12 March 2018
    FTSE MIB Quarterly Rebalancing Changes 12 March 2018 FTSE announces the new shares number and Investability Weighting Factors for the FTSE MIB Index effective after the close of business on Friday, 16 March 2018, i.e. on Monday, 19 March 2018. According to the FTSE MIB Ground Rules art. 7.4 and Appendix C, FTSE publishes share in issue & IWF figures updated at the cut-off date, where needed adjusted for capping based on capitalisation calculated with closing prices of five trading days before the rebalancing. The share in issue figure excludes all treasury shares and the Investability Weighting is computed with reference to shares in issue net of treasury shares. The new index divisor will be published after close of business on Friday, 16 March 2018. FTSE comunica il nuovo numero di azioni e i pesi di investibilità per l'Indice FTSE MIB che saranno effettivi dopo la chiusura delle contrattazioni di venerdì 16 marzo 2018 (vale a dire da lunedì 19 marzo 2018). Secondo le Regole di base del FTSE MIB art. 7.4 e l'Appendice C, sono indicati i valori del numero di azioni e peso di investibilità aggiornati alla data del cut-off, eventualmente soggetti alla correzione del capping applicata con riferimento alle capitalizzazioni calcolate con i prezzi di chiusura di cinque giorni di negoziazione prima della data di ribilanciamento. Il numero di azioni esclude tutte le azioni proprie e la percentuale di flottante è calcolata con riferimento al numero di azioni al netto delle azioni proprie. Il nuovo divisor per il FTSE MIB sarà reso disponibile dopo la chiusura delle contrattazioni di venerdì 16 marzo 2018.
    [Show full text]
  • Comparison Methodology
    COMPARISON METHODOLOGY Comparative Analysis of Sustainability Performance Convinced that a comparison of environmental, social and governance performance is of interest, not only to the Company itself, but also to its stakeholders, certain comparisons between Terna’s results and those of other companies are included in the 2015 Sustainability Report, as was the case in previous years. The comparative sustainability indicators regard the following themes: CO2 emissions, SF6 leakage incidence rate, hours of training per capita provided to employees and the turnover rate on termination of personnel. Listed below are the main criteria adopted in the analysis, as an introduction to the reading and interpretation of the comparisons of individual indicators in the Report: • three panels of companies were identified: the first was composed of the European transmission system operators and the major non-European operators in terms of kilometres of lines managed; the second, multi-sectoral in nature, is made up of large Italian companies (the 40 listed companies of the FTSE MIB at 31/12/2015); the third formed by the best international performers in the “Electric Utilities - ELC” sector (identified by the RobecoSAM sustainability rating agency and included in the Dow Jones Sustainability World Index of September 2015). The purpose of the three panels is to guarantee, also relative to the type of indicator reviewed, a comparison between companies with the same operational characteristics, an Italian comparison, and a comparison with top international performers in the same sector; • the companies considered from among those in the three panels were those which publicise the information necessary for comparisons either on their websites, through the Sustainability Report (even if not prepared following the GRI guidelines) or through other documentation (HSE Report, Financial Report, etc.).
    [Show full text]
  • Relazione Del Consiglio Di Amministrazione
    Report on Corporate Governance and ownership structure pursuant to article 123 bis of Legislative Decree February 24, 1998 no. 58 as amended referring to the year ended December 31, 2020 MARCH 25, 2021 Buzzi Unicem SpA Registered Office: Casale Monferrato (AL) - via Luigi Buzzi n. 6 Share capital: euro 123,636,658.80 fully paid up Chamber of Commerce of Alessandria: 00930290044 Website: www.buzziunicem.com REPORT ON CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE Introduction This report contains the information on the corporate governance and ownership structure of Buzzi Unicem SpA (“Buzzi Unicem” or “Company”) pursuant to article 123 bis of Legislative Decree February 24, 1988 no. 58 as amended (hereinafter referred to as “TUF”), also in compliance with the Corporate Governance Code of listed companies approved in July 2018 by the Corporate Governance Committee and promoted by Borsa Italiana S.p.A, Ania, Assogestioni, Assonime and Confindustria (“Corporate Governance Code” or “Code”) to which Buzzi Unicem adheres under the terms reported in this report. The above Corporate Governance Code to which Buzzi Unicem adheres is available to the public on the Corporate Governance Committee’s website (https://www.borsaitaliana.it/comitato-corporate-governance/codice/codiceeng2018.en.pdf). During the 2021 financial year, the company will evaluate the implementation of the new Corporate Governance Code approved by the Corporate Governance Committee in January 2020, providing information on the subscription to the Code in the report on corporate governance to be published in 2022. Part I – General description of Buzzi Unicem SpA organizational structure Buzzi Unicem SpA’s organizational structure consists, currently, of the following main corporate bodies: - Shareholders’ meeting; - Board of directors; - Chairman of the board of directors; - two Managing Directors; - Statutory auditors’ committee.
    [Show full text]
  • Cdp Italy Report Climate Insights Among Italian Businesses and Local Governments
    DISCLOSURE INSIGHT ACTION CDP ITALY REPORT CLIMATE INSIGHTS AMONG ITALIAN BUSINESSES AND LOCAL GOVERNMENTS DECEMBER 2019 With the kind support of DECEMBER 2019 CONTENTS 04 FOREWORD FROM THE ITALIAN MINISTRY FOR THE ENVIRONMENT, LAND AND SEA 05 WHY CDP? 05 THE COLLABORATION WITH THE ITALIAN GOVERNMENT 07 REPORT KEY FINDINGS 08 ANALYSIS OF CDP CITIES, STATES AND REGIONS DATA 2018 14 ANALYSIS OF CDP CORPORATE DATA 2018 18 CASE STUDY: SYNERGIES BETWEEN THE PUBLIC AND THE PRIVATE SECTOR 20 FINANCIAL MARKET TRENDS 23 APPENDIX: LIST OF RESPONDING COMPANIES, CITIES AND REGIONS Important Notice The contents of this report may be used by anyone providing acknowledgement is given to CDP Europe (CDP). This does not represent a license to repackage or resell any of the data reported to CDP or the contributing authors and presented in this report. If you intend to repackage or resell any of the contents of this report, you need to obtain express permission from CDP before doing so. CDP has prepared the data and analysis in this report based on responses to the CDP 2018 and CDP 2019 information request. No representation or warranty (express or implied) is given by CDP as to the accuracy or completeness of the information and opinions contained in this report. You should not act upon the information contained in this publication without obtaining specific professional advice. To the extent permitted by law, CDP does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this report or for any decision based on it.
    [Show full text]
  • Case M.8536 - ATLANTIA / ABERTIS INFRAESTRUCTURAS
    EUROPEAN COMMISSION DG Competition Case M.8536 - ATLANTIA / ABERTIS INFRAESTRUCTURAS Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 13/10/2017 In electronic form on the EUR-Lex website under document number 32017M8536 EUROPEAN COMMISSION Brussels, 13.10.2017 C(2017) 6988 final In the published version of this decision, some information has been omitted pursuant to Article 17(2) of Council Regulation (EC) No 139/2004 PUBLIC VERSION concerning non-disclosure of business secrets and other confidential information. The omissions are shown thus […]. Where possible the information omitted has been replaced by ranges of figures or a general description. To the notifying party: Dear Sir or Madam, Subject: Case M.8536 – Atlantia/Abertis Infraestructuras Commission decision pursuant to Article 6(1)(b) of Council Regulation No 139/20041 and Article 57 of the Agreement on the European Economic Area2 1 OJ L 24, 29.1.2004, p. 1 (the "Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision. 2 OJ L 1, 3.1.1994, p. 3 (the "EEA Agreement"). Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË Tel: +32 229-91111. Fax: +32 229-64301. E-mail: [email protected]. Table of Contents 1.
    [Show full text]
  • Introduction of “Split Payment” Regulations for RCC Service Invoices
    Market Notice 11 August 2017 MN_61/2017 Introduction of “Split Payment” regulations for RCC service invoices For the attention of: Intermediaries Priority: High Re: Invoicing of RCC charges Dear Client, Please note that following the publication of the Ministry of Economy and Finance Decree of 13 July 2017 in Official Gazette No. 171 of 24 July 2017, which amends the implementing regulations for the splitting of payments for VAT purposes (Article 17-ter, Presidential Decree No. 633/1972) in invoices payable as of 1 July 2017, the RCC fees invoicing application for issuer companies included in the list of listed companies in the FTSE MIB Index published by the Ministry of Economy and Finance (link) must be adapted to the new provisions. The Monte Titoli application is currently in the process of modification and therefore data indicated in the invoicing documentation issued by intermediaries to the issuers concerned (see the list below) in the period 1 July - 10 August is not consistent with the instructions in the Decree. Pending the adaption of the application, and in order to avoid issuing incorrect documents, the invoice request function has been temporarily suspended exclusively for sums due from Issuers to which the aforementioned Decree applies. It should be recalled that the RCC application allows the recovery of sums in suspension without time limits. Monte Titoli shall promptly inform clients by means of Market Notice when the application has been adapted. 1 Market Notice 11 August 2017 MN_61/2017 We apologise for this temporary inconvenience. Our operating offices are available for any clarifications or operating requirements.
    [Show full text]
  • London Stock Exchange's Low Latency Performance Channels Service
    News Release 26 November 2012 Borsa Italiana S.p.A. Piazza degli Affari, 6 20123 Milano www.borsaitaliana.it ITALIAN EQUITY ROADSHOW 2012: BORSA ITALIANA COMPANIES IN NORTH AMERICA - Events New York, Boston and Toronto from 26-28 November 2012 - More than 180 meetings planned From 26 to 28 November, Borsa Italiana will host 2012’s North American Italian Equity Roadshow, in which representatives from some of the most well-known listed Italian companies will meet with American and Canadian investors. As well as events in New York and Toronto, this year will also see Boston included on the tour’s schedule for the first time. Management teams from participating Italian firms will attend over 180 meetings with around 80 international investors, from 60 investment houses, confirming Borsa Italiana’s position as a key part of the international financing network. The aim of the meetings is to strengthen relations with American shareholders, who represent about 35 per cent of the institutional investment in leading Italian companies. The meetings are also intended to attract interest from new international investors, to the benefit of Italian companies, financial markets, and Italy’s economy as a whole. Massimiliano Lagreca, Head of Large Caps, Borsa Italiana said: “We are delighted with the high level of participation and interest we have received in our North American Roadshow again this year. Borsa Italiana has always been committed to a strategy which promotes its listed Media Relations: T +39 02 72426.360 F +39 02 72426.260 [email protected] News Release companies on a global stage, and engaging with international investors is crucial, given 90 per cent of institutional investment on the FTSE MIB comes from overseas, and 35 per cent comes from the US.
    [Show full text]
  • FTSE MIB Quarterly Rebalancing Changes 15 March 2021 FTSE MIB
    FTSE MIB Quarterly Rebalancing Changes 15 March 2021 FTSE Russell announces the new shares number and Investability Weighting Factors for the FTSE MIB Index effective after the close of business on Friday, 19 March 2021, i.e. on Monday, 22 March 2021. According to the FTSE MIB Ground Rules art. 7.4 and Appendix C, FTSE publishes share in issue & IWF figures updated at the cut-off date, where needed adjusted for capping based on capitalisation calculated with closing prices of five trading days before the rebalancing. The share in issue figure excludes all treasury shares and the Investability Weighting is computed with reference to shares in issue net of treasury shares. The new index divisor will be published after close of business on Friday, 19 March 2021. FTSE MIB Ribilanciamento trimestrale 15 marzo 2021 FTSE Russell comunica il nuovo numero di azioni e i pesi di investibilità per l'Indice FTSE MIB che saranno effettivi dopo la chiusura delle contrattazioni di venerdì 19 marzo 2021 (vale a dire da lunedì 22 marzo 2021). Secondo le Regole di base del FTSE MIB art. 7.4 e l'Appendice C, sono indicati i valori del numero di azioni e peso di investibilità aggiornati alla data del cut-off, eventualmente soggetti alla correzione del capping applicata con riferimento alle capitalizzazioni calcolate con i prezzi di chiusura di cinque giorni di negoziazione prima della data di ribilanciamento. Il numero di azioni esclude tutte le azioni proprie e la percentuale di flottante è calcolata con riferimento al numero di azioni al netto delle azioni proprie.
    [Show full text]