Optrust Signs Global Investor Statement on Climate Change
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Top 10 Mutual Fund Rankings
Top 10 Mutual Fund Rankings June 2014 AF Advisors is part of the A Fortiori Group Content – Introducing AF Advisors – AF Advisors Top 10 rankings – Process – Asset classes • Global Large Cap Equity • Global Emerging Markets Large Cap Equity • US Large Cap Equity • European Large Cap Equity • European Small & Mid Cap Equity • Asia-Pacific ex Japan Large Cap Equity • European Government Bonds • European Corporate Bonds – Disclaimer AF Advisors is part of the A Fortiori Group 2 Introducing AF Advisors AF Advisors is an independent research and consultancy company servicing financial institutions active in asset management. In the evolving financial environment we offer our clients strategic advantages through the combination of our extended knowledge, experience and skills. AF Advisors not only offers advice, but is also capable to implement the advice. AF Advisors strives for a healthier, more transparent financial industry by providing value adding services. Clients value our: • in depth knowledge • thorough listening skills and no-nonsense, hands-on approach • candid advice AF Advisors is part of the A Fortiori Group 3 AF Advisors Top 10 Rankings – For all major asset classes AF Advisors delivers insight in the numerous mutual funds available to Dutch retail investors. – For each asset class the AF Advisors Ranking Model results in a useful apples to apples comparison list of 10 funds offering the best value for Dutch retail investors. – The model is based on several factors, qualitative as well as quantitative, such as cost, performance, risk, the importance of the investment strategy to the provider and the level of service provided to the Dutch market. -
Investor Presentation Transforming to a Specialist Wealth Manager
Investor Presentation Transforming to a specialist wealth manager March 2016 Van Lanschot at a glance Van Lanschot’s profile Solid performance on all key financials • One strategy: pure-play, independent wealth manager focusing on 2015 2014 preservation and creation of wealth for our clients • Net profit € 42.8m € 108.7m • Underlying result € 60.1m € 54.2m • Two leading brands: Van Lanschot and Kempen & Co • CET I ratio 16.3% 14.6% • CET I ratio, fully loaded 15.4% 13.4% • Total Capital ratio 17.0% 15.2% • Three core activities: Private Banking, Asset Management and • Leverage ratio, fully loaded 6.1% 5.3% Merchant Banking • Funding ratio 94.1% 95.3% • Client assets € 62.6bn € 58.5bn Good progress with strategy Financial targets 2017 • Private Banking: € 0.3 billion net inflow, € 1.5 billion entrusted to Evi Target van Lanschot, commission income +12% 2015 2017 • Asset Management: acquisition of fiduciary management KCM UK as • Common Equity Tier I ratio 16.3% >15% step stone for further international growth, new mandates won early 2016 adding approximately € 2 billion of AuM • Return on Common Equity Tier I 4.9% 10-12% • Merchant Banking: commission income +28%, solid market share in • Efficiency ratio 74.4% 60-65% selected niches, research coverage expanded • Corporate Banking: initial run-off target achieved, run-off continues Van Lanschot Investor Presentation - March 2016 1 1. Profile & Strategy of Van Lanschot 2. Financial Performance FY2015 Agenda Van Lanschot Investor Presentation - March 2016 2 Transforming from small “universal” -
Audit Opinion Robeco QI Global Factor Solution Fund
RobecoQIGlobalFactor Solution Fund Fund for joint account Annual Report 2019 Contents Report by the manager 4 General information 4 Key figures 5 General introduction 5 Investment policy 7 Investment result 8 Risk management 8 Movements in net assets 8 Remuneration policy 9 Sustainable investing 10 In Control Statement 13 Annual financial statements 14 Balance sheet 14 Profit and loss account 15 Cash flow statement 16 Notes 17 General 17 Accounting principles 17 Principles for determining the result 17 Principles for cash flow statement 18 Risk management 18 Risks relating to financial instruments 19 Notes to the balance sheet 23 Notes to the profit and loss account 25 Additional information on investments in Robeco Group funds 28 Robeco QI Global Conservative Equities Z EUR 28 Robeco QI Global Momentum Equities Z EUR 49 Robeco QI Global Value Equities Z EUR 63 Schedule of Investments 80 Other information 81 Provisions regarding appropriation of the result 81 Directors’ interests 81 Auditor’s report by the independent auditor 82 Robeco QI Global Factor Solution Fund 2 Robeco QI Global Factor Solution Fund (fund for joint account incorporated under Dutch law, subject to the definitions contained within the 1969 Dutch Corporation Tax Act, domiciled at the offices of the fund manager in Rotterdam, the Netherlands) Contact details Weena 850 PO Box 973 NL-3000 AZ Rotterdam Telephone +31 (0)10 - 224 12 24 Internet: www.robeco.com Manager Robeco Institutional Asset Management B.V. (‘RIAM’) Policymakers RIAM: Gilbert O.J.M. Van Hassel Karin van Baardwijk Monique D. Donga (until 30 June 2019) Peter J.J. -
RIAM Annual Report 2020 FINAL
Robeco Institutional Asset Management B.V. Annual Report Contents General information 222 Report of the Executive Committee 333 Report of the Supervisory Board 212121 Financial Statements 2020 242424 Income Statement 25 Balance Sheet as at 31 December 26 Notes to the financial statements 27 General information 27 Other information 474747 Articles of Association rules regarding profit appropriation 47 Branches 47 Independent auditor’s report 484848 Annual Report Robeco Institutional Asset Management B.V. 2020 1 GGGeneralGeneral information Executive Committee (‘ExCo’) G.O.J.M. (Gilbert) Van Hassel (CEO)* K. (Karin) van Baardwijk (Deputy CEO)* A.J.M. (Lia) Belilos – Wessels M.C.W. (Mark) den Hollander* M.F. (Mark) van der Kroft (since 1 September 2020) M.O. (Martin) Nijkamp H-Ch.(Christoph) von Reiche V. (Victor) Verberk P.J.J. (Peter) Ferket (until 22 May 2020) * also statutory director Supervisory Board M.F. (Maarten) Slendebroek (since 13 August 2020, Chair) S. (Sonja) Barendregt – Roojers (Vice Chair) S.H. (Stanley) Koyanagi (since 13 August 2020) M.A.A.C. (Mark) Talbot R.R.L. (Radboud) Vlaar J.J.M. (Jeroen) Kremers (until 30 March 2020) More information on the Supervisory Board and the ExCo can be found on the website www.robeco.com. Independent Auditor KPMG Accountants N.V. Papendorpseweg 83 3528 BJ Utrecht The Netherlands Address Robeco Institutional Asset Management B.V. Weena 850, 3014 DA Rotterdam P.O. Box 973, 3000 AZ Rotterdam The Netherlands Tel: +31 10 224 1224 Internet : www.robeco.com E-mail : [email protected] Rotterdam Chamber of Commerce number 24123167 Annual Report Robeco Institutional Asset Management B.V. -
Pictet Group Privacy Notice
Pictet Group Privacy Notice 1) Who is responsible for your We process information and personal data relating to you and/or any Related personal data and whom Person of yours [Related Person(s) and you together hereafter the “Data can you contact? Subject(s)”]. We essentially do so in connection with our existing and/or prospective business relationships, including your use of our websites (together hereafter the “Business Relationship”). We can do so either as controller or as joint controller (hereafter the “Controller”). A “Related Person” means an individual or entity whose information you or a third party provides to us and/or which otherwise comes to our knowledge in connection with our Business Relationship. A Related Person may include, but is not limited to: (i) a director, officer or employee of a company; (ii) a trustee, settlor or protector of a trust; (iii) a nominee or beneficial owner of an account; (iv) a substantial interest owner in an account; (v) a controlling person; (vi) a payee of a designated payment; (vii) a representative or agent (i.e. with a power of attorney or a right to information on an account); or (viii) an employer or contractor. In this regard, we ask you to liaise with any and all of your Related Persons and transmit to them this Privacy Notice and the information contained therein. Should you have any questions about this Privacy Notice, your Controller or, more generally, the processing of your (or your Related Persons’) personal data, you can contact your relationship manager or our Data Protection Officer at any of the following addresses: Data Protection Officer SWITZERLAND Data Protection Officer BAHAMAS Route des Acacias 60 P.O. -
Investing in Chinese Onshore Bonds
Investing in Chinese Onshore Bonds RAYMOND SAGAYAM, CIO FIXED INCOME 26 February 2019 Frankfurt, IMK For professional investors only CONTENTS 1. Why invest in Chinese onshore bonds? slide 3 2. How does Pictet AM invest in the asset class? slide 15 3. Performance & positioning slide 23 4. Outlook slide 28 5. Appendix slide 30 2 Investing in Chinese Onshore Bonds Pictet Asset Management For professional investors only 1. Why invest in Chinese onshore bonds? 3 Investing in Chinese Onshore Bonds Pictet Asset Management For professional investors only WHY INVEST IN CHINA’S ONSHORE BOND MARKET? An emerging asset class of global significance Attractive yields & returns Diversification benefits A+ rated Chinese 5yr govt Low correlation with other bonds yielding 2.9% 1 asset classes Long-term appreciation potential of RMB 1 As at 31 Jan 2019 Too big to ignore Increasing global recognition 2nd largest economy in the China onshore bonds world waiting to be included in major global bond indices 3rd largest bond market in the world 4 Investing in Chinese Onshore Bonds Pictet Asset Management For professional investors only ATTRACTIVE YIELDS IN LOCAL CURRENCY Chinese onshore bonds yield double vs developed govt bonds China govt bonds yield more than similar rated countries (A+/A1) 4% 4% 3,3% 3% 2,9% 3% 2,9% 2,4% 2% 2% 1,6% YIELD 1,2% 1% 0,9% 1% YIELD OF 5YR GOVT BOND 0% 0,2% 0,1% -0,2% 0% -0,3% -0,2% -0,1% -1% 5YR 5YR JAPAN 5YR UK 5YR US 5YR CHINA 5YR CHINA GERMANY GOVT GOVT GOVT GOVT POLICY GOVT BOND BOND BOND BOND BANK -1% BOND BOND JAPAN SLOVAKIA -
The Pictet Group 201011 EN
The Pictet Group Independent Minds Pictet & Cie was founded in 1805. The Bank is wholly owned by eight Partners who are also active in the management of the Group. Pictet is today one of Switzerland’s largest private banks with assets under management and administration totalising EUR 298 billion. Pictet’s sole business is asset management and related services. The Bank does not engage in any commercial activities, thus avoiding any potential conflicts on interest. LUXEMBOURG The Pictet Group provides investment BASEL management services worldwide with an ZURICH FRANKFURT integrity and a dedication to client service established over two hundred years of MONTREAL LONDON TOKYO tradition. With 20 offices worldwide Pictet PARIS prides itself of having a global reach. NASSAU DUBAI HONG KONG MADRID BARCELONA Pictet is considered one of the leading spe - SINGAPORE cialist investment houses in Continental GENEVA LAUSANNE Europe, managing assets for a wide vari - ROME FLORENCE ety of institutional and private clients. MILAN TURIN Pictet’s asset management expertise covers the areas of Private Banking, Institutional Asset Management and Investment Funds. Key Features Group assets under management EUR 298bn (31.12.2010) Number of employees 3’000 (over 600 investment professionals) Business lines Wealth Management Institutional Asset Management Investment Funds Alternative Investments Pictet Funds Pictet Funds is Pictet Group’s department in charge of the administration, supervision and distribution of Pictet’s investment funds. This constitutes one of Pictet’s four strategic business lines. Pictet has a long-standing experience in fund management and administration which started in 1910 with the creation of its first investment company focusing on North American equities, still in operation today. -
Pictet Asset Management
Sub-advisor profile Pictet Asset Management Pictet Asset Management Core investment beliefs A part of Pictet Group, Pictet Asset Management (“Pictet”) is an independent multi-boutique asset manager based in Switzerland and has been managing assets since 1980. Their long history of providing differentiated and innovative investment solutions has helped attract and grow their assets to over CAD $265 billion1 over the last 40 years, Active without acquisitions or mergers. manager skill Pictet believes active manager skill leads to better long-term results versus traditional investment styles. They do not adhere to, or impose, a single investment approach on their investment managers. Instead, they empower each of their teams to be independent, 1 innovative and accountable. By investing only where they have conviction in their ability to add value for clients, Pictet is a compelling focused multi-boutique Multi-boutique asset manager. Risk management is an integral part of the decision making process at Pictet and risk monitoring is an independent function. Strong oversight is ensured through formal bi-annual manager reviews attended 2 by their Chairman, Chief Executive Officer and respective Chief Investment Officers. Pictet seeks to exceed their clients’ expectations Focused and have always favoured clients’ interests over asset manager growing the firm’s assets. They would not hesitate to stop accepting additional purchases into funds in order to protect the integrity and growth potential for their investors. 3 Risk management 4 and oversight -
The Pictet Model a Company That Continuously Reinvents Its Family Ownership
The Pictet model A company that continuously reinvents its family ownership Fourth Edition July 2019 A case study by Torsten Groth and Fritz B. Simon Witten Institute for Family Business The original case study was published in 2005 in the book Mehr-Generationen- Familienunternehmenby Photo credits: Jillian Edelstein, F.B. Simon, R. Wimmer, Olivier Christinat, Sabine Senn, T. Groth, Carl Auer Verlag Pictet Historical Archives A company that continuously reinvents its family ownership f all the ways we know to ensure the survival of a compa - ny, the most radical was developed by the Geneva wealth and asset management group Pictet. It combines family and business structural principles, in a unique – perhaps Oeven ideal – way. Yet, over the past 200 years or so, the organisa - tional structure of Pictet has been constantly refined on the basis of tried-and-tested practice, after originally evolving in an un - planned way. What makes the Pictet model so appealing is that it seems to have succeeded in squaring the circle. It may be true that family businesses gain a survival advantage compared with listed com - panies since their capital is provided by a family rather than a market, but therein lies their risk, too, since family dynamics are centred on personalities, and emotions play a central role in be - haviour and decision-making. Pictet's partnership model seems to have found a way to exploit the advantages of family-type structures to the maximum, while at the same time reducing the associated risks to the minimum. 1 — 1 We should like to thank Ivan Pictet (Senior Partner from 2005 to 2010), who provided insights into the organisational model of his business for the first edition of the book, once the actual research project had been completed. -
Item 1 – Cover Page Form ADV: Part 2A Brochure PICTET NORTH
Item 1 – Cover Page Form ADV: Part 2A Brochure PICTET NORTH AMERICA ADVISORS SA Geneva Head Office Route des Acacias 48 CH-1211 Geneva 73 Tel: +41 (0) 22 307 90 00 Fax: +41 (0) 22 307 90 01 Zurich Representative Office Bahnhoftstrasse 32 CH-8001 Zurich Tel: +41 (0) 43 283 64 00 Fax: +41 (0) 43 283 64 01 https://pnaa.group.pictet/ Date of Brochure: 31st March 2021 This brochure provides information about the qualifications and business practices of Pictet North America Advisors SA. If you have any questions about the contents of this brochure, please contact us at +41 22 307 90 00 or by email at [email protected]. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission (SEC) or by any state securities authority. Additional information about Pictet North America Advisors SA also is available on the SEC’s website at www.adviserinfo.sec.gov. Although Pictet North America Advisors SA is a registered investment adviser with the SEC, registration with the SEC does not imply a certain level of skill or training. Item 2 – Material Changes This Brochure is dated March 31, 2021. There is no material change since the last filing of our brochure, dated March 24, 2020. The most recent version of this brochure is available by contacting Grégoire Pictet, CEO, at +41 22 307 90 00 or by email at [email protected]. Item 3 – Table of Contents Form ADV: Part 2A Brochure Item 1 – Cover Page 1 Item 2 – Material Changes 2 Item 3 –Table of Contents 2 Item 4 – Advisory Business 3 Item -
191201-Gisgcc-Final
GLOBAL INVESTOR STATEMENT TO GOVERNMENTS ON CLIMATE CHANGE This statement is signed by 631 investors representing over USD $37 trillion in assets. As institutional investors with millions of beneficiaries around the world, we reiterate our full support for the Paris Agreement [link] and strongly urge all governments to implement the actions that are needed to achieve the goals of the Agreement, with the utmost urgency. Investors are taking action on climate change. The global shift to clean energy is underway, but much more needs to be done by governments to accelerate the low carbon transition and to improve the resilience of our economy, society and the financial system to climate risks. Investors continue to make significant investments into the low carbon transition across a range of asset classes. Investors are also increasingly incorporating climate change scenarios and climate risk management strategies into their investment processes and engaging with high-emitting companies. To build on this momentum and maintain investor confidence to further shift investment portfolios, it is vital that policy makers are firmly committed to achieving the goals of the Paris Agreement. We are concerned that the implementation of the Paris Agreement is currently falling short of the agreed goal of “holding the increase in the global average temperature to well below 2°C above pre- industrial levels and to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels.” There is an ambition gap: the full implementation of current Nationally Determined Contributions (NDCs) would lead to an unacceptably high temperature increase that would cause substantial negative economic impacts. -
CREDIT SUISSE AG (Incorporated in Switzerland) ______
CREDIT SUISSE AG (Incorporated in Switzerland) __________________ Registration Document This Registration Document comprises: • Table of Contents (page 3); • Risk Factors (pages 4 to 18); • Certain information incorporated herein by reference, which has been filed with the Commission de Surveillance du Secteur Financier (the “CSSF”), as specified below under the heading “Information Incorporated by Reference” (pages 19 to 26); and • General Information (pages 27 to 47). For purposes of this Registration Document, unless the context otherwise requires, the terms “Credit Suisse” and “the Group” mean Credit Suisse Group AG and its consolidated subsidiaries. The business of Credit Suisse AG, the Swiss bank subsidiary of the Group, is substantially similar to the Group, and these terms are used to refer to both when the subject is the same or substantially similar. The term “the Bank” is used to refer to Credit Suisse AG, the direct bank subsidiary of the Group, and its consolidated subsidiaries. This Registration Document is the Registration Document of the Bank, which is the issuer. This Registration Document has been prepared pursuant to Article 6(3) of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and Article 7 of the Commission Delegated Regulation (EU) 2019/980 of 14 March 2019. This Registration Document has been approved by the CSSF, as competent authority under Regulation (EU) 2017/1129. The CSSF only approves this Registration Document as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such approval should not be considered as an endorsement of the issuer that is the subject of this registration document. This Registration Document will be valid for 12 months following the date of approval.