A director at Vontobel Holding AG sold 5,000 shares at 63.500CHF and the significance rating of the trade was 75/100. 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 clea...
>Improved commercial momentum - Vontobel reported on Thursday the amount of its assets under management and net inflows at end-September. The group also held an investor day which enabled it to issue an update on its strategy and financial targets. The total amount of its assets under management was CHF 227.6bn at end-September (+0.7% vs end-June despite a negative forex impact on the quarter, +10.1% since the start of the year), of which CHF 112bn in institutional cl...
>Amélioration de la dynamique commerciale - Vontobel a publié jeudi dernier le montant de ses actifs sous gestion et sa collecte nette à fin septembre, et a tenu une journée investisseurs lui permettant de faire un point sur sa stratégie et ses objectifs financiers. Le montant totaux de ses actifs sous gestion était de 227.6 MdCHF à fin septembre dernier (+0.7% vs fin juin dernier malgré un impact de change négatif sur le trimestre, +10.1% depuis le début de l’année),...
Nous initions la couverture de Vontobel avec une recommandation Surperformance et un objectif de cours de 65 CHF. Le groupe présente un potentiel de croissance à moyen long terme de l’activité (renforcé par l’acquisition d’une participation dans Ancala) et d’amélioration de sa rentabilité. (croissance annuelle moyenne du RN de 15%e entre 2023 et 2027) qui ne nous semble pas pleinement intégré par le consensus à ce stade (estimation ODDO BHF 1%-5% > au css. La valorisation actuell...
We are initiating coverage of Vontobel with an Outperform recommendation and a target price of CHF 65. The group presents medium- to long-term growth potential in terms of its activity (strengthened by the acquisition of a stake in Ancala) and improvement to its profitability (an average annual increase in net income of 15% between 2023 and 2027) which does not appear to be fully factored in by the consensus for the time being (ODDO BHF estimate some 1-5% above the consensus). Th...
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....
Overweight Global Technology & Industrials The absence of breakdowns in both the US dollar (DXY) and the MSCI EAFE vs. EM ratio along with the positive correlation between the two allows us to continue sticking with EAFE over EM... see charts below. As long as the DXY's uptrend remains intact, we expect EAFE to continue outperforming EM. Below we highlight attractive and actionable themes within developed int'l markets: • Technology and Industrial Manufacturing. Technology and Industrials ...
FINANCIAL INSTITUTIONS CREDIT OPINION 23 November 2017 Update Contacts Alexander Hendricks, CFA 49-69-70730-779 Associate Managing Director [email protected] Carola Schuler 49-69-70730-766 MD-Banking [email protected] Michael Rohr 49-69-70730-901 VP-Sr Credit Officer [email protected] Vontobel Holding AG Update following affirmation of A3 issuer ratings with a stable out
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