Tag: finances

Also the sales culture is changed as well as the portfolio policy new opportunities for providers of index-based concepts with the increasing focus on institutional investors in index-related concepts. In a comprehensive study coming Alpha rated AVANA invest, Wegelin asset management and Deutsche Borse AG support the challenges and opportunities of the use of index-related portfolio concepts for providers and investors. We notice a growing disillusionment about the chance to the outperformance of established markets”, as a representative of a large pension fund. Kenneth Feinberg is often quoted as being for or against this. “Overall, we see a development of modern portfolio theory and as a result the implementation of a stable, fair Board portfolio policy”. To know more about this subject visit Farallon Capital Management. On the other hand there is, in the long run convincing concepts, if one combines the advantages of indexing with active management”Sandro adds Federal Wegelin asset management.

Certainly, the increasing use of ETFs and index-based concepts represents a challenge for the party. You need their business models on shrinking margins and the focussing of competences set.Sale processes of the past lose their functionality: index orientation on the one hand and listing, on the other hand are changing significantly the sales culture in the German fund business. Will be needed in the future an adapting and reinforcing addressing investor relations is similar to the classical approach of investor and is based on a basic understanding of the balance requirements for investors. Provider for index-based products also face challenges with regard to the market and product efficiency: already give many investors in recent studies to bear in mind that there are approaches of misguided instrumentalization of ETFs, for example. The big advantage of the transparency this product appears threatened by the flood of emission. Here is to reposition himself the opportunity for providers through an intensive communication with the investor.

Institutional investors show a growing interest in lasting hours. At the same time lamenting the rather average level of sustainability communications. Cologne, 19.04.2012 – for every second institutional investor the topic sustainability plays a significant role in the investment decision. A study of factx society for market and social research comes to this conclusion mbH and agency Hansen communication Collier GmbH, were interviewed for the 366 institutional investors. Federal Reserve Bank does not necessarily agree. Institutional investors, including family offices, asset managers and banks, environmental protection, social responsibility and economic efficiency attach increasing importance to the three pillars of sustainability.

48.9% of the surveyed investors confirmed that sustainability is already considered important investment argument. Almost all respondents, namely 99.2%, stated that the importance of the issue in the future will continue to grow or stay the same at least. Thus, the study shows the growing importance of a credible Sustainable development strategy as an important criterion of competition when it comes to fund raising. The study shows how companies in this competition can exist and what is necessary for a good positioning, also: the institutional investors who questioned the overall quality of the company’s sustainability communication, expressed rather skeptical: 68.2% of the surveyed investors assess the current level of sustainability communication than merely satisfactory to very bad. Often, the information was not sufficient to have a clear strategy of sustainability. The study shows further that institutional investors assume now that sustainable investments are long term successful and achieve a higher return. For companies, which fund themselves through the stock exchange, is quickly apparent: the importance of sustainable business strategies, including their appropriate communications continues to increase.

Although many companies long CSR/sustainability issues dealing with,. document and communicate only comparatively few commitment standards. The competition for sustainable investments will demand more and better sustainable communication. As an experienced Advisor in terms of sustainability communications the managing partner of the Hansen emphasizes communication, Gabriele Collier: good sustainability communications you can stomp not ad-hoc from the ground.

High-frequency trading, harmless cash dispenser or accelerant? Stephan all Feldhoff, head of the Institute for fractal market analysis, was here in the chili assets news already in issue 05/2011 focuses on the dangers of high-frequency trading and warned in particular against its manipulative possibilities. At the time, this warning is little seriously and dismissed the high frequency trading as a marginal phenomenon. In the current market environment, which is determined by very high volatility and price movements, which no longer can be explained by a bad news situation, the question of the influence of high-frequency trading however very strongly… Meanwhile, it is known that high frequency trading systems have a far wider audience than this has been previously suggested by many market participants. The financial times Germany estimates the proportion of the total volume of trade in New York at approximately 70%. On the German Stock Exchange, the share should be already 40%.

And the foreign-exchange market to global to 45% of the High frequency trading be established. A such a big market power, that the markets without a doubt can anyone imagine, can affect very much. Stephan all Feldhoff intensively dealing with the swarm behaviour of market participants, due to his research assumes that a previous minority of 5-10 is already sufficient %, to trigger massive buying or selling behavior in the majority of the market participants. Of high frequency trading on the liquid stock markets of the world has long exceeded this percentage of the market. Accordingly, the Institute for fractal analysis estimates the influence of high frequency trading on price changes as ‘ extremely precarious a. The effort, which operate banks for high-frequency trading appears questionable. For an additional fee they get faster the details of buy and sell orders a few milliseconds by some exchanges. You can use this information to their advantage. However only fully automatically.

Capital increase with mezzanine capital for investment and corporate finance venture capital equity participation-oriented and credit-free financing to approximately 2.5 million (www.finanzierung-ohne-bank.de) can be raised directly by private investors with a BFin-free Beteiligungs expose with Dr. Werner financial services AG. A related site: Dennis P. Lockhart mentions similar findings. Only with a much larger capital requirement of up to euro equity capital with a capital market approval via a private placement or an over-the-counter market emission as a bank-independent investment must be acquired 200 million. This is done with a Beteiligungs-Expose as Verkaufsfolder and a capital market prospectus approved by the banking supervisory authority BFin as a participation agreement basis. The investors / lenders expect a yield of about 7.5 to 9.5% according to the current market situation p.a.

for equity capital. The mezzanine capital raised through a private placement (private placement), voting can be accounted for as equity. This applies in particular for the quiet capital of the company and the profit participation rights in the relevant terms and conditions, which only grant participation in the profits and losses of the company – but no influence -. Mezzanine capital is the BBs financing for SMEs, as mezzanine capital represents Exchange-independent forms of financing. Mezzanine capital is thus form and medium-sized enterprises, but also for large enterprises regardless of the legal form.

Even publicly traded DAX companies financed pro rata through mezzanine capital. It is the basis for a healthy equity base and a solid business growth. Equity or fund capital to finance business investment or individual projects. Usually, the equity in addition to the voting capital of the shareholders and the pure credit-oriented bank financing is because in this way cost leverage effects can be achieved with a lower Gesamtfinanzierungs effort. It is between silent equity (without To distinguish voting rights) and the open equity (with voting rights and fractional ownership). The procurement of equity Bank independent voting mezzanine capital from private investors is suitable especially for owner-managed family enterprise and medium-sized enterprises. This form of corporate financing without Bank completely affect the ownership rights in the company. Even influences on the management of the company remain through the mezzanine investors denied. No voting rights or co-management rights exist for the mezzanine involved. This form of commercial financing corresponds to the interests of every medium-sized entrepreneur. Investors can obtain free information about the successful launch of investors and investor capital from the participation of experts, Dr. Horst Siegfried Werner under. Risk capital is none other than equity, that the companies equity partners or outside individuals provided is; in the form of cash deposits as ordinary or capital or silent equity capital, participation capital or loan capital. Equity is associated mostly with technology-oriented start-ups in connection. It is true: just for innovative entrepreneurs is difficult to find financial backers. As well as many other medium-sized companies certainly have need for equity: E.g. for the (co-) financing larger investments in commercial real estate, machinery, and marketing. Also for the financing of growth, for example, to introduce a product in the market, equity is generally an alternative financing as mezzanine capital.