DEA CAPITAL (IT), a company active in the Asset Managers industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date January 25, 2022, the closing price was EU...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
A director at Dea Capital Spa bought 100,000 shares at 1.409EUR and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...
During the past year, DeA Capital has exploited its financial strength and leading Italian position in alternative asset management (AAM) to grow and internationalise its AAM platform, extend its customer reach and enhance its product capability. The late 2019 agreements with Quaestio Group marked a further important step in this process and, despite COVID-19, the expanded platform has continued to grow AUM organically year to date.
Edison Investment Research Limited Edison Investment Research Limited: Edison issues outlook on DeA Capital (DEA) 02-Oct-2020 / 15:42 GMT/BST London, UK, 2 October 2020 Edison issues outlook on DeA Capital (DEA) During the past year DeA Capital has exploited its financial strength and leading Italian position in alternative asset management (AAM) to grow and internationalise its AAM platform, extend its customer reach and enhance its product capability. The agreements with Quaestio Group marked a further important step in this process and should provide additional growth opport...
During the past year DeA Capital has exploited its financial strength and leading Italian position in alternative asset management (AAM) to grow and internationalise its AAM platform, extend its customer reach and enhance its product capability. The agreements with Quaestio Group marked a further important step in this process and should provide additional growth opportunities in less certain economic and market conditions.
DeA Capital (DEA) is exploiting its financial strength and leading Italian position in alternative asset management (AAM) to grow and internationalise its AAM platform, extend its customer reach and enhance its product capability. The completed agreements with Quaestio Group mark an important step in this process. Before any contribution from Quaestio, the Q319 financial report shows year-on-year growth in alternative assets under management (AUM) and underlying earnings.
DeA Capital (DEA) is exploiting its financial strength and leading Italian position in alternative asset management (AAM) to further grow and internationalise its AAM platform, extend its customer reach and enhance its product capability. The recent agreements with Quaestio Group and its main shareholders mark a further important step in this process. Before any contribution from Quaestio, H119 results show good year-on-year growth in AUM and asset management fees.
DeA Capital (DEA) is exploiting its financial strength and leading Italian position in alternative asset management (AAM) to further grow and internationalise its AAM platform, extend its customer reach and enhance its product capability. The recent agreements with Quaestio Group and its main shareholders mark a further important step in this process. Before any contribution from Quaestio, H119 results show good year-on-year growth in AUM and asset management fees.
A series of agreements with Quaestio Group and its main shareholders mark a further important step in the development of DeA’s alternative asset management (AAM) platform. Upon completion, the agreed transactions will increase AUM, enhance DeA’s NPL management offering and broaden its investor reach. The planned strategic agreement between the two companies will add the capability to provide added-value investment solutions and capital allocation strategies.
Edison Investment Research Limited Edison issues outlook on DeA Capital (DEA) 10-Jun-2019 / 16:24 GMT/BST London, UK, 10 June 2019 Edison issues outlook on DeA Capital (DEA) As DeA Capital targets growth in its alternative asset management operations, where it is already a leader in Italy, the past year has seen it eliminate the minority interest in its key real estate subsidiary and take its first steps towards building out a pan-European real estate platform. New fund launches across private equity, real estate and credit have more than offset the impact of maturing fund of funds. The ...
As DeA Capital targets growth in its alternative asset management operations, where it is already a leader in Italy, the past year has seen it eliminate the minority interest in its key real estate subsidiary and take its first steps towards building out a pan-European real estate platform. New fund launches across private equity, real estate and credit have more than offset the impact of maturing fund of funds.
DeA Capital produced a solid performance in Q119, with the alternative asset management division benefiting from performance-related fees, continuing its platform development, and launching new funds. NAV and the net cash position remained robust, and an unchanged €0.12 per share dividend was paid on 22 May 2019. We forecast a similar distribution in FY19, representing a prospective yield of more than 9%. Following the dividend payment, our adjusted net asset value per share is €1.75.
DeA Capital experienced slightly weaker assets under management (AUM) in H118, driven by Q2 liquidation of real estate assets by maturing funds, but management expects this to reverse in H2. The returns on co-investment in funds managed were very positive, generating NAV gains and strong cash flow to support the continuation of attractive distributions and further investment in growth of the alternative asset management (AAM) platform. The shares are yielding more than 9% and trade at a discount...
Over the past year, DeA Capital (DeA) has continued to make good progress in implementing the growth strategy for its alternative asset management (AAM) platform, comprising private equity, real estate and non-performing loans (NPLs). New fund launches have contributed to assets under management (AUM) growth of c 10% since end-FY16. Meanwhile, cash flow from its significant asset portfolio has remained strong, more than sufficient to fund co-investment in new fund launches, new direct investment...
Although Q317 saw a reduction in NAV per share as a result of lower investment portfolio values, there was a positive acceleration in net cash flows from fund investments and a noticeable further strengthening in the net financial position. Alternative assets under management also continued to increase and our valuation of the asset management division increases, partly offsetting the investment portfolio valuation impact on our modified NAV/sum-of-the parts (SOP), which reduces to €1.87 from ...
H117 was an active period for the direct investment portfolio, with a new direct investment in a listed special purpose acquisition vehicle and a further reduction in its Migros stake. Alternative assets under management have continued to grow and positive investment performance has seen NAV, adjusted for dividends, grow. We forecast positive returns from DeA Capital’s diverse investment portfolio and positive momentum in asset management, AUM and earnings, while prospective cash inflow from mat...
DeA Capital has continued to be active in its direct investment portfolio in the opening months of FY17, returning to direct investment with a stake in a newly created and listed special purpose acquisition vehicle and a further reduction in its Migros stake. Q117 also saw further growth in AUM and a positive investment performance. Returning growth momentum to asset management and a diverse investment portfolio have the potential to create further value. Meanwhile the prospect of cash inflows a...
FY16 saw good growth in its alternative AUM, positive performance from fund investments, offsetting weakness at Migros, the retailer quoted in Turkey, and a robust holding company net financial position after €31.6m in dividends (€0.12 per share), a level that DeA will maintain in 2017. The shares continue to trade at a wide discount to both NAV and our assessment of fair value. Returning momentum to asset management and a diverse investment portfolio have the potential to create further value, ...
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