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Archives / 2014

- November/December 2014 update
  
  Published: 2014-12-19 11:00:00
  
  Dear Investors,
  
  An interesting and exciting year 2014 is coming to an end and we hope that you are also looking back at a successful year. We want to thank you for your trust. It has been a great pleasure to work with you throughout the year and we are very much looking forward to service you and expand our cooperation in 2015!
  
  What's new at MFEX?
  
  • Within 2014 MFEX signed around 100 new distribution agreements with Fund Companies around the world. MFEX is now the largest platform in terms of access to Fund Companies, with more than 600 distribution agreements.
  • In 2014 MFEX continued to grow and became a truly global fund platform with clients on 4 continents in 22 countries; fund companies from more than 30 countries and MFEX offices in Stockholm, Paris, Geneva and Singapore.
  • MFEX is now fully FATCA compliant.
  • In November 2014, MFEX won the FPG awards in London in the category: Best Fund Platform. This result would not have been possible without your trust and support. Thank you very much!
  
  6 new Fund Companies on MFEX
  
  We are pleased to inform you that 6 fund companies have been added to the MFEX platform in November / December 2014:
  
  Ruffer (UK)
  Ruffer looks after investments for private clients, trusts, charities and pension funds. Ruffer has a distinctive investment approach, focused on producing consistent returns and not losing money. Their aim is to strike the right balance between risk and reward while avoiding the explosive ups and downs of the market cycle. To do this, Ruffer conducts their own investment research, actively manages investments and operates freely, without the straitjacket of relative returns or market benchmarks.
  
  Contact: Benjamin Boucher-Ferte
  Tel: +44 (0)20 7963 8270
  Email: bbf@ruffer.co.uk
  http://www.ruffer.co.uk/
  
  Asia Frontier Capital (HK)
  Asia Frontier Capital Limited is specialized in investing in high growth Asian frontier economies. The AFC Asia Frontier Fund continues to operate a combination of top-down and bottom-up strategy to achieve long-term capital appreciation investing in listed equities that have their principal business activities in high growth frontier markets of Asia. The country universe includes Bangladesh, Bhutan, Cambodia, Iraq, Laos, Maldives, Mongolia, Myanmar (Burma), Nepal, Pakistan, Papua New Guinea, Sri Lanka and Vietnam.
  
  Contact: Stephen Friel
  Tel: +852 3904 1079
  Email: sf@asiafrontiercapital.com
  http://www.asiafrontiercapital.com/
  
  E.I. Sturdza (GG)
  E.I. Sturdza Strategic Management Limited forms part of the Sturdza Private Banking Group and has been registered in Guernsey since 1999.
  Its investment philosophy is to provide institutional and private clients with attractive and valuable investment opportunities. The firms offering includes long only and long/short single manager funds and Funds of Funds which invest primarily in global equities.
  
  Contact: Adam Tuberville
  Tel: +44 1481 742380
  Email: a.turberville@eisturdza.com
  http://www.eisturdza.com/
  
  Belvedere Asset Management (MU)
  Belvedere Management Limited is a Mauritius based Management Company. Belvedere was established to provide exclusive structured financial solutions. The focus is on designing innovative solutions for its clients.
  The company is offering services such as asset management, investment advisory, taxation, asset protection, structured finance, accounting, company formation and administration, trust settlement and trusteeship services, corporate administration.
  Contact: Martin Bennett
  Tel: +442032868579
  Email: mbennett@kijanifund.com
  http://www.belvederemgt.com/
  
  Adrigo Hedge (SE)
  Adrigo Hedge is managed by Adrigo Asset Management AB (AAM), a Swedish fund management company.
  
  The company is based in Stockholm and operations are based on investment professionals who all have more than 20 years’ experience in the financial markets.
  Adrigo Hedge’s operations are focused on the Nordic markets, where they have a very long and relevant experience, both of individual companies and investment opportunities.
  
  Contact: Håkan Filipson
  Tel: +46 733 37 87 01
  Email: hfilipson@adrigo.se
  http://adrigo.se/
  
  Hedge Invest (IT)
  Hedge Invest is an Italian-based alternative asset manager which was set up in 2000 by an Italian family office who wanted to offer its multi-year successful experience in hedge funds to third parties and seeded the company with USD 45 million.
  Headquartered in Milan with office in London, Hedge Invest, which is regulated by the Bank of Italy, now employs 26 people and manages over USD 1 billion in various funds of hedge funds, and a recently launched fund of real estate funds.
  
  Contact: Tiziana Fausciana
  Tel: +39 02 667441
  Email: tiziana.fausciana@hedgeinvest.it
  https://www.hedgeinvest.it
- Quarterly Bulletin - Autumn 2014
  
  Published: 2014-10-21 07:59:00
  
  Dear Friends, Fund Companies and Colleagues,
  
  We are proud to announce that we opened a Representative Office in Singapore. Within our Asian office we will look after our Asian clients such as iFast Financial and Taiwan Shin Kong Commercial Bank as well as our international partners such as Citi, Clearstream Deutsche Börse and Societe Generale.
  
  This quarterly bulletin – Autumn 2014 – will give you an update on MFEX development. To start off we would like to give you our first impression on Asia and some of the local fund markets.
  
  Asian Fund Market
  
  The Asian markets have had a strong growth within the last decade. Equally, the fund distribution landscape is developing at a rapid speed. Hong Kong and Singapore are still the two international financial hubs, when it comes to banking and fund distribution in Asia. Additionally, relatively mature markets such as Taiwan, Korea and Japan continue to open up to European funds and distributors. Markets such as the Philippines, Malaysia, Vietnam and Indonesia are also evolving rapidly in terms of their fund distribution landscape.
  
  Due to limited commonly accepted fund structures with mutually recognized regulations, there is no overall fund passporting regime for the enitre region, like there is in Europe. Hence, investors and distributors rely on bi-lateral governmental agreements as well as private placements. This in turn is one of the driving forces for the rather complex and extensive due diligence processes and compliance requirements in South East Asia.
  
  Asia comes to Europe
  
  Overall we see an increased demand for UCITS version of Asian funds from our clients. Predominately, our clients are looking for Equity and Fixed Income funds with a specialization on specific markets or sectors. The overall investment knowledge and market awareness from European investors is increasing. Retail investors are starting to differentiate between the different Asian markets with specific expectations and knowledge about these markets. As such, the appetite for these funds increases and the demand is expected to grow.
  
  Europe goes to Asia
  
  The private banking market is booming in Asia due to the increased wealth and rapid growth. It is expected that Singapore will become the world’s biggest private banking market by the end of the2015[1]. Multiple European private banks have already setup a branch or subsidiary in Hong Kong and / or Singapore. We are expecting this trend to continue and that more resources will be allocated to Asia within the next years. Equally, we see an increased demand for European funds and asset managers in South East Asia.
  
  Let´s keep a healthy and fruitful relationship!
  
  … with our recommended seasonal superfood.
  
  Dragon Fruit - Dragon fruit contains many vitamins and minerals, including vitamin B2, vitamin B3, iron, phosphorus, vitamin C, vitamin A, and calcium. Antioxidant levels in dragon fruit are high, especially a class of compounds called “phytoalbumins.”
  
  The tiny black seeds are a great source of healthy Omega-3 fat and there's plenty of magnesium and calcium in the flesh.
  
  A final boost to the immune system from dragon fruit is its antifungal and antibacterial quality. This can help increase the white blood cell count in the body which defends against toxins, and it also inhibits the entrance or growth of fungal or bacterial infections in the organ systems. You will also find that it stimulates cell regeneration.
  
  [1] PricewaterhouseCoopers Global Private Banking and Wealth Management Survey 2013
- Monthly Update - October 2014
  
  Published: 2014-10-14 08:20:00
  Dear Investors,
  
  Please find an update of current developments happening at your fund platform as well as new fund companies now available through MFEX.
  
  This update will be published every 2 months. It will continue to communicate information on the funds available on the platform but also more information relevant to all activities around the distribution of funds and MFEX.
  
  What's new at MFEX?
  
  In September we opened our Representative Office in Singapore to support our existing clients and increasing demand from the region.
  
  Due to continued expansion in Europe, our offices in Stockholm, Paris and Geneva all moved to larger premises to support client growth. As always, you are more than welcome to stop-by.
  
  On the 8th of August, 2014, Sweden and the United States signed the Foreign Account Tax Compliance Act (FATCA) agreement. MFEX is now working on the agreed IGA and implementation details. We will provide you with the necessary details when this has been completed.
  
  During the third quarter of 2014, MFEX signed with our first client in Italy. We are now servicing clients on behalf of clients located in 17 European countries.
  
  We will attend the following upcoming events:
  - 22^nd October - ALFI TA Forum 2014, in Luxembourg
  - 12^th November – Swiss Asset Management Day, in Pfäffikon
  - 1^st – 3^rd December – Fund Forum, In Cartagena / Columbia
  New Fund Companies:
  
  We are pleased to inform you that 4 fund companies have been added to the MFEX platform in September: CGF Gestion (SN); Nomura AM (DE) and DELFF (UK)
  
  CGF GESTION is the first licensed asset management company in Senegal. CGF GESTION acts on BRVM (Regional Stock Exchange for 8 West Africa countries).
  
  In October 2008 CGF GESTION became the first asset management company of the WAEMU area to be certified ISO 9001, version 2008 by BVQI organism organization for the implementation and management of mutual funds
  
  Contact: Astou Diop
  Tel: +221 33 849 03 92
  Email: adiop@cgfbourse.com
  www.cgfgestion.com
  
  Nomura (DE)
  
  Nomura Asset Management Deutschland KAG mbH (NAM D, formerly known as MAINTRUST KAG mbH) has established long-lasting and successful relationships, particularly within the group of “insurance regulated” institutional clients for more than two decades.
  
  The firm has a collective expertise of a worldwide network of more than 300 investment specialists, who monitor and analyze financial markets around the globe.
  
  At Nomura Asset Management Deutschland, a staff of just under 40 ensures smooth processes and personalized client service. Several institutional and retail mutual funds are managed out of the Frankfurt office as well.
  
  Contact: Henning Reinicke
  Tel: +49 69 15 30 93 820
  Email: henning.reinicke@nomura-asset.de
  www.nomura-asset.de
  
  DELFF (UK)
  
  DELFF Management Ltd is an independent specialist asset management company based in London with an investment focus on European Corporate Debt.
  
  The investment team has extensive experience in the European debt markets through trading, credit research, private equity and fund management.
  
  DELFF Management was founded in 2003. It is majority owned by its founding partners, while La Française AM owns a 30% stake.
  
  Delff offers High Yield and Loans investment services to a broad range of investors.
  
  Contact: Cyril Colmont
  Tel: +33 67 35 85 206
  Email: CColmont@delff.co.uk
  www.delff.co.uk
- Monthly Update - September 2014
  
  Published: 2014-09-05 07:41:00
  Dear Investors,
  
  MFEX is continuing its growth, both in terms of number of Fund Companies that can be accessed through the platform, and services delivered to fund distributors around the world.
  
  In addition to the regular update on the new fund companies MFEX is onboarding every month, we would like to give you some additional information on how your fund platform is developing and the features that are being added to MFEX services.
  
  ______________________________________________________________
  
  What's new at MFEX?
  - More than 560 fund companies are now distributing their funds via MFEX. Fund houses originate from all 5 continents - within more than 30 jurisdictions.
  - MFEX is now working for distributors present in more than 10 European countries and 6 jurisdictions outside of Europe. In the second quarter of 2014, MFEX successfully onboarding its first distributors in the UK and Germany.
  - MFEX provides paying agent service in Sweden now for 40 fund companies.
  - MFEX offers SWIFT 20 022 in addition to SWIFT 15022.
  - MFEX is opening an office in Singapore in order to better service Asian distributors and fund companies.
  ______________________________________________________________
  
  We are pleased to inform you that 5 fund companies have been added to the MFEX platform in July and August:
  
  Uncia AM (FR) / BEA Union Investment (HK) / Vietnam AM (VN) / Gamax (LU) / Coeli AM (LU)
  
  Uncia AM is a Paris-based asset management company specialized in high growth and quality stocks investments. Uncia has a bottom-up approach with a long-term investment horizon. The firm is looking for companies combining a high growth profile (quantitative filter) and a business model creating very strong shareholder value over the long term (qualitative filter).
  
  Contact: Mickael Cohen
  Tel: +33 1 82 28 34 14
  Mickel.cohen@uncia-am.com
  http://www. uncia-am.com/
  
  BEA Union Investment Management Limited (“BEA Union Investment”) is a Hong Kong based joint venture, formed in 2007 between the Bank of East Asia of Hong Kong (“BEA”) and Union Investment in Germany. BEA Union Investment offers comprehensive investment solutions to retail, institutional and MPF clients with assets under management and advisory of US$6.6 billion as at June 2014.
  
  Contact: Joanna Ng
  Tel: +852 3608 5898
  jng@bea-union-investment.com
  http://bea-union-investment.com/
  
  Founded in 2006, Vietnam Asset Management Ltd. (VAM) is a fund manager that primarily engages in public and private equity investment and advisory services in Vietnam.
  
  VAM offer international standard investment management combined with local expertise to institutional and individual clients through corporate structured funds, both open-end and closed-end, unit trusts, exchange-traded funds and segregated accounts.
  
  Contact: Thai Duong
  Tel: 848 3910 3757 (ext. 15)
  thaiduong@vietnamam.com
  http://vietnamam.com/
  
  Headquartered in Luxembourg, GAMAX Management AG was founded in 1992 to manage the GAMAX Funds. GAMAX Management AG became a part of one of Italy’s leading financial services providers in 2001, the Milan-based Mediolanum Banking Group. GAMAX Management now manages assets totaling EUR 427 million.
  
  GAMAX offers a broad range of investment opportunities in three main funds: global equity, Asian-equity, and Italian government bonds.
  
  Contact: Carsten Frevel
  Tel: +352 269 769 51
  c.frevel@gamaxmgt.lu
  http://www.gamax.de/
  
  Coeli Asset Management is a subsidiary of the independent wealth management group Coeli and is based in Stockholm, Sweden. Currently the company employs a staff of 23 specialists in Stockholm and Luxembourg.
  
  Coeli Asset Management offers investors a comprehensive range of differentiated investment solutions including actively managed equities, single strategy hedge funds, Nordic private equity and discretionary mandates.
  
  Contact: Gustaf Ehrenborg
  Tel: +46 8 506 223 11
  Gustaf.ehrenborg@coeli.se
  http://www.coeliam.com/
- Quarterly Bulletin - Summer 2014
  
  Published: 2014-07-11 09:39:00
  
  Dear Friends, Fund Companies and Colleagues,
  
  Within the summer 2014 Quarterly Bulletin, we would like to focus on Sweden. Since the Swedish fund market is particularly dynamic and features an extremely high level of fund penetration. The percentage of Sweden’s population that invests in mutual funds is above 99%.
  
  More than 80% of the population invests in funds directly, for their pension or privately. More than 70% have monthly savings plans that are automatically transferred and invested in funds. More than 60% of children have savings in funds.
  
  Fund eCommerce via MFEX White Label solution
  
  MFEX has launched a new service for fund companies through our subsidiary Fondmarknaden.se. MFEX is a leading provider of paying agency services in Sweden since 2008 and from April 2014 we can offer the service of handling the administration and the legal responsibilities of Swedish end clients of the fund company. This as a great opportunity for fund companies to get access to the Swedish market and clients and to establish an eCommerce distribution channel.
  
  Connected to your website
  
  A White Labeled front end will be connected to the fund company’s web page. The end clients can trade the fund company’s funds with a direct debit/credit of the client’s Swedish bank account, at a Swedish bank. The fund accounts available for the end clients are ISK (individual savings account), IPS (pension savings), fund account, capital insurance.
  
  Fund companies using MFEX White Label solution:
  
  
  
  
  
  
  
  Direct Distribution
  
  The client can see their holdings and transactions, have access to fund information as KIID, prospectus, statements and NAV history presented in graphs and figures on the front end.
  
  Fondmarknaden.se will administrate all legal responsibilities as KYC, money laundry control, tax reporting, annual statements etc.
  
  Let´s keep a healthy and fruitful relationship!
  
  … with our recommended seasonal superfood.
  
  Kiwis - Just one cup of this electric green fruit provides more potassium than the same amount of sliced bananas — with less sugar and calories! With just 7 grams of sugar in one medium fruit they have almost three times less sugar than one apple.
  
  From disease prevention to an abundance of vitamins and minerals, the kiwi provides a wide array of nutrition benefits. Kiwis have phytonutrients, which repair DNA, act as the body’s protection against some cancers, and function as antioxidants. Additionally, Kiwi provides folic acid, which is important for expectant mothers. A bonus tip from a recent trip to New Zealand: you can actually eat the skin.
- Monthly Update - June 2014
  
  Published: 2014-07-11 09:30:31
  
  Dear Investors,
  
  We are pleased to inform you that 5 fund companies have been added to the MFEX platform: Citadele (LV), Philipp Capital Management (SG), Alger (Lux), BTS Funds (Lux), Auris (FR).
  
  Citadele Asset Management (LV)
  
  Citadele is one of the leading and largest asset managers in the Baltics. The company has an established track record since 2001 and its mutual funds hold numerous international recognition awards. The team of 14 investment analysts holds cutting edge expertise in Eastern European and CIS debt and equities. At Citadele performs in depth in-house research and bases investment decisions on bottom-up, value-based stock and bond selection.
  
  Contact: Veronika Baranova
  Tel: +371 67010716
  
  Veronika.baranova@citadeleam.lv
  http://www.citadeleam.lv/
  
  Philipp Capital Management (SG)
  
  Since 1975, the Phillip Capital network has grown into an integrated Asian financial house with a global presence that offers a full range of quality and innovative asset management services. With more than 3,500 employees and over 900,000 clients worldwide; Phillip Capital’s assets under management total more than USD 24 Billion. Phillip Capital operates in the financial hubs of 16 countries.
  
  Contact: Ko Tseng
  
  Tel.: +852 3929 0965
  
  ko.tseng@efunds.com.hk
  
  http://www.efunds.com.hk/
  
  Alger (Lux)
  
  Fred Alger Management is a globally recognized pioneer of growth-style investment management. Since our founding in 1964, Alger has been an independent company with a singular vision of investing in Positive Dynamic Change. Alger has remained steadfast to their philosophy and proprietary, bottom-up, fundamental research process.
  
  For nearly 50 years, research has been the cornerstone of Alger’s investment process and investment management has been the firms’ only business.
  
  Contact: David Berenger
  
  Tel: +33 9 5421 5445
  
  DBerenger@alger.com
  
  https://www.alger.com/pt/
  
  BTS AM (Lux)
  
  Founded in 1979, BTS Asset Management is one of the oldest unconstrained fixed income managers, providing quantitative risk management solutions. BTS has multi-year track records in tactical fixed income and equity management.
  
  BTS Funds offer an unconstrained approach to bond investing. BTS tactically manages strategies that employ a widely diversified bond approach. The funds are managed using quantitative models that seek to increase exposure to bond sectors when indicators are positive, decrease exposure when indicators are negative or even go 100% into cash if needed, in an attempt to preserve capital.
  
  Contact: Gary Shilman
  
  Tel: +1800 343 3040 339
  
  gshilman@btsmanagement.com
  
  http://www.btsmanagement.com/
  
  Auris Gestion (FR)
  
  Auris Gestion Privée, established in 2004, based in Paris, is an independent company which combines expertise in the areas of private banking and fund management. Auris Gestion Privée is owned by the founding partners and teams of Auris Gestion. This independence allows Auris Gestion Privée to offer their clients solutions best suited to their objectives.
  
  Auris Gestion manages around € 740 million (as of 31/05/2014) for more than 750 clients. Auris has 22 employees and maintains offices in France, Belgium, Luxembourg, Monaco and Switzerland.
  
  Contact: Benoît Fauchier Delavigne
  
  Tel: +33 6 14 48 92 77
  
  b.fauchier@aurisgp.fr
  
  http://www.aurisgestion.com
- Monthly Update - May 2014
  
  Published: 2014-05-27 15:09:00
  
  Dear Investors,
  
  We are pleased to inform you that 4 fund companies have been added to the MFEX platform: Alpcot Capital Management (UK), E Fund Management (HK), Schelcher Gestion (FR), Fund for Good (Lux).
  
  Alpcot Capital Management Ltd is a fund management company specialising in emerging markets. Alpcot was founded in 2006, is London based and the portfolio managers have experience of managing emerging market funds since the end of the 1990s. Alpcot has an entrepreneurial spirit and tries to challenge traditional structures with innovative products and aims at offering market leading products at competitive management fees.
  
  Alpcot offers mutual funds under the Alpcot SICAV umbrella fund in Luxembourg and managed accounts for institutions and family offices.
  
  Patrik Teste
  
  Tel: +44 207 518 0539
  
  patrik.teste@alpcot.com
  
  http://www.alpcot.com
  
  E Fund (HK) is a wholly owned subsidiary of E Fund, a top Chinese asset management company. Established in 2001, E Fund grew to one of the largest fund managers with AUM of RMB 240 billion (as of end of March 2014). In 2008, E Fund HK became one of the first Chinese asset management companies approved by China Mainland authorities to set up an office in Hong Kong and to serve as the window connecting China and overseas. The company is focusing on its value investment philosophy, fundamental research and rigorous risk management. E Fund HK is currently engaged in RQFII and QFII business.
  
  Ko Tseng
  
  Tel: +852 3929 0965
  
  ko.tseng@efunds.com.hk
  
  http://www.efunds.com.hk/
  
  Schelcher Prince Gestion, established in 2001, is 85% owned by the Crédit Mutuel Arkea group via Federal Finance Banque.
  
  Schelcher focus is active management on behalf of French and international third parties, including institutionals, private banks, fund managers and independent wealth advisors.
  
  Schelcher Prince Gestion specializes in: interest rates, corporate and convertible bonds.
  
  Etienne Laluque
  
  Tel: +33 1 53 29 31 75
  
  Etienne.Laluque@spgestion.fr
  
  http://www.spgestion.fr/
  
  Funds For Good offers investment products to private and professional investors, which generate a concrete social impact.
  
  Funds For Good Architect Strategy is a capital preservation fund with limited correlation to equity markets.
  
  To generate the social impact, Funds For Good donates to charities from its own revenues, instead of cutting into the investor’s financial return.
  
  Nicolas Crochet
  
  Tel: +352 2626 5842
  
  nicolas.crochet@fundsforgood.eu
  
  http://www.fundsforgood.eu/
- Monthly Update - April 2014
  
  Published: 2014-04-15 08:35:00
  
  Dear Investors,
  
  We are pleased to inform you that 4 fund companies have been added to the MFEX platform: Canterbury Capital (HK), Alquity (UK), Baloise Fund Invest (CH), Zadig Asset Management (FR).
  
  Canterbury Capital (HK) is a Licensed Investment Advisor and Asset Manager, which specializes in Asian equity and real estate investments. Canterbury Capital is based in Hong Kong and has been providing value-added investment services to clients since 2001.
  
  Contact: David Chan
  Tel: +852 2915 3063
  dchan@canterbury-capital.com
  http://canterbury-capital.com/
  
  Alquity Investment Management (UK), Incorporated in 2010, Alquity is a new concept in investment management, which exists to achieve three things. Firstly, to produce attractive returns through investment in emerging and frontier markets. Secondly, to encourage the use of sustainable investment practices through an Environmental, Social and Governance (ESG) screening process. Lastly, they give a proportion of revenues to fund microfinance in the areas in which they invest.
  
  Contact: Paul Robinson
  Tel: + 44 207 557 7860
  paul.robinson@alquity.com
  http://www.alquity.com/
  
  Baloise Fund Invest (CH) , Headquartered in Basel, Switzerland, the Baloise Group is a European provider of insurance and pension solutions. The Group has a market presence in Switzerland, Germany, Belgium, Luxembourg, Liechtenstein and Austria. Baloise Fund Invest (BFI), the fund company of the Baloise Group is a member of the Swiss Funds Association SFA. The investment funds of Baloise Fund Invest (Lux) are also authorised for distribution in Luxembourg, Germany, Belgium and Switzerland. At Baloise Asset Management, some 40 financial experts manage various Baloise Group assets totalling around CHF 40 billion in value. This makes it one of the 20 largest asset managers in Switzerland.
  
  Contact: Client Service Team
  Tel: + 41 58 285 87 24
  bfi.info@baloise.com
  http://www.baloise-fund-invest.com/
  
  Zadig Asset Management (FR) is a focused and performance driven European investment firm. Year after year, their team has consistently applied a rigourous approach to investment. Through their UCITS funds, they offer access to high conviction investment strategies both in European Equity stock picking and Asset Allocation. Founded in 2005 by Laurent Saglio, Zadig’s philosophy and process relies on the fact that the market is right in the long term but inefficient in the short term, leaving room for disciplined active management.
  
  Contact: David Pawelkowski
  Tel: +352 26 47 6304
  pawelkowski@zadig.lu
  http://www.zadigam.com/
- Quarterly Bulletin - Spring 2014
  
  Published: 2014-04-10 13:05:00
  
  Dear Friends, Fund Companies and Colleagues,
  
  We continue to note strong interest from distributors in Europe and around the world for our trading and rebate solutions. The demand for those services is expressing itself now in all regions globally. Hence, we have now signed our first clients in Germany and the UK, and we are continuing to grow in Asia, the Middle East and Eastern Europe. Particularly, we feel that South East Asia and South America will grow strongly within the next quarters.
  
  Our core market remains of course Europe and at the center of Europe: Switzerland. From our office in Geneva, opened in 2012, we are now serving both Fund Companies as well as multiple Swiss distribution partners.
  
  Swiss Fund Market
  
  Despite the recent development of the legal environment in Switzerland, fund interest remains driven by Private Banks and open architecture continues to prevail. Along with a large use of Luxembourg registered mutual funds, Private Banks may also use Irish, Swiss or any other domestic class of mutual funds and excel due to very good skills in juggling with the various constraints of the European market.
  
  A new regulatory environment on both fund distribution and rebate collection results in today's priorities for Private Banks - which are the issues of disclosure, transparency and traceability. Focus has therefore shifted more towards operational issues rather than marketing and product-related issued or the overall financial markets. For that reason distributors are finding it easier to outsource the operational architecture, fund trading and the rebate collection function. MFEX experience with similar constraints in the Scandinavian market helps our clients in formalizing the right solutions for operational processes.
  
  Some MFEX Clients in Switzerland
  
  Invitation to Monaco…
  
  We are delighted to announce MFEX Mutual Funds Exchange will be exhibiting at the 24^th annual FundForum International 2014 conference taking place in Monaco from 23^rd to 26^th June2014.
  
  FundForum International is the world's largest investment management conference, bringing together 1200 asset managers, fund selectors and distributors under one roof.
  
  As one of our valued contacts, we would like to offer you a special 25% discount off the conference registration fee.
  
  Please visit the FundForum International 2014 website to view the latest agenda, as well as the special discounted online booking form. When you book your place, please quote VIP Code: FKN2394MFEXEM to claim your 25% discount.
  
  Let´s keep a healthy and fruitful relationship!
  
  … with our recommended seasonal superfood.
  
  Goji Berries - Goji berries are the most nutritionally and protein dense fruit on earth. They are unique among fruits because they contain all essential amino acids. Gojis are also loaded with vitamin C; contain more carotenoids than any other food; have twenty-one trace minerals; and are high in fiber. Boasting 15 times the amount of iron found in spinach, as well as calcium, zinc, selenium and many other important trace minerals. This amazing little superfruit also contains natural anti-inflammatory, anti-bacterial and anti-fungal compounds. Gojis are most commonly available in dried form, and make a great snack eaten as is, added to trail mix, muesli or oatmeal.
- Monthly Update - March 2014
  
  Published: 2014-03-14 14:42:00
  
  Dear Investors,
  
  We are pleased to inform you that 5 fund companies have been added to the MFEX platform: Eastspring Investments (SG), Universal-Investments (DE), Somerset Capital Management (UK), Case Asset Management (SE) and Saga Select (CH).
  
  Eastspring Investments is Prudential's asset management business in Asia. They are one of the region's largest asset managers, with operations in 14 markets and with around US$100 billion in assets under management. In Asia, Eastspring Investments operates in Japan, Malaysia, Singapore, South Korea, Taiwan, Hong Kong, Vietnam and Indonesia, and has joint venture operations in India, China and Hong Kong.
  
  Contact: Russell Danby
  Tel: +44 (0)207 569 1955
  Russell.Danby@eastspringinvestments.com
  www.eastspringinvestments.com/
  
  Somerset Capital (UK) is an employee-owned, global emerging markets fund management firm with US$ 4bn assets under management. The firm is based in London and Singapore and focus on managing concentrated, bottom up, long term, emerging markets equity portfolios for governmental, family office, wealth management and institutional clients. They have a variety of expertise in dividend growth investing, small, mid cap and frontier markets.
  
  Contact: Oliver Crawley
  Tel: +44 20 7259 1300
  oliver@somersetcm.com
  www.somersetcm.com
  
  Universal-Investment (DE) was founded in 1968 and is headquartered in Frankfurt/Main. Universal-Investment is now market leader in the areas of master-KVG and private label funds.
  
  With assets under administration in excess of EUR 200 billion, 1,000 funds and investment mandates and a workforce of around 500, Universal-Investment is the largest independent investment company in German-speaking Europe. With its three core areas: administration, insourcing and risk management, the focus of the company lies on the efficient and transparent administration of funds, securities, real estate and alternative asset classes.
  
  Contact: Andreas Riss
  Tel: +49 69 7 10 43-563
  andreas.riss@universal-investment.com
  www.universal-investment.de
  
  Case Asset Management AB (SE) was founded in 2004 in Sweden. Case Asset Management business is divided into two areas, the management of their own funds Case, Fair Play and Safe Play and discretionary asset management.
  
  The management has a focus on long-term performance and their corporate bonds fund. Case Asset Management is mainly owned by the former tennis player Stefan Edberg.
  
  Contact: Måns Palmstierna
  Tel: +46 70 525 35 45
  mans.palmstierna@case.nu
  www.case.nu
  
  SAGA SELECT ASSET MANAGEMENT LTD is an Israeli-based and ISA regulated company providing independent Global Asset Management. The over EUR 100 million assets under management for the Saga Select fund provide different expertise: an asset allocation fund, an European equity fund, a best ideas fund and a bond fund geared for a bear market on fixed income
  
  Since inception of the UCITS funds in 1999, they have been domiciled in Luxembourg using as custodian Pictet & Cie (Europe) S.A. and FundPartner Solutions (Europe) S.A. as central administration and Management Company since 2012.
  
  Contact: Mike Kara
  Tel. +352 467 171-7285
  mkara@pictet.com
  www.sagaselect.com
- Monthly Update - February 2014
  
  Published: 2014-02-14 08:44:00
  
  Dear Investors,
  
  We are pleased to inform you that 4 fund companies have been added to the MFEX platform: Matthews Asia (HK), 3 Banken Generali (AT), Partners Group (CH) and Swell AM (FR).
  
  Matthews Asia (HK), founded in 1991 and headquartered in San Francisco, Matthews International Capital Management, LLC (“Matthews”) is an independent management firm focused solely on investing in Asia. With over $25 billion under management as of December 31, 2013, the firm specializes in actively managed, bottom-up portfolio management, with a focus on long-term investment performance. Matthews has 107 employees, including 33 investment team members. Matthews has a strong focus on research, conducting more than 2,000 company meetings in Asia each year. The company strives to provide investors a range of Asia strategies across the risk-reward spectrum and to launch new strategies when there are compelling investment opportunities in the region.
  
  Contact: Jonathan D. Schuman
  Tel: +1 415 984 5366
  jonathan.schuman@matthewsasia.com
  www.global.matthewsasia.com
  
  3 Banken Generali (AT) is a shared subsidiary of the 3 Banken-Gruppe (Oberbank Bank für Tirol und Vorarlberg and BKS Bank AG) and the Gernerali Holding Vienna which is specialized on asset management. As of January 2014 3 Banken-Gererali manages EUR 6.6 billion. The asset manager has a focus on its home market Austria.
  
  Contact: Christian Hödl
  Tel: +43 732 7802-37320
  c.hoedl@3bg.at
  www.3bg.at
  
  Partners Group (CH) is a global private markets investment management firm with over EUR 30 billion in assets under management invested in private equity, private debt, private real estate and private infrastructure.
  The firm manages a broad range of limited partnerships and customized portfolios for an international clientele of institutional investors who are seeking direct exposure to individual private market assets.
  Partners Group is headquartered in Zug, Switzerland and employs over 700 people around the globe, working out of 16 offices.
  
  Contact: Philip Hess
  Tel: +41 41 784 63 70
  philip.hess@partnersgroup.com
  www.partnersgroup.com
  
  Swell AM (FR) is an Investment Management Company regulated by the French market authority (“AMF”) since March 2012. During the last 9 years, Swell has built a rigorous process which mixes quantitative market modelling technics with a discretionary management of positions. The Swell funds target absolute performance under volatility constraints and apply the same unique GTAA strategy. As of the end of January 2014, Swell AM manages about USD180M through a Cash Enhanced fund, a low volatility fund: Swell Soft GTAA Fund and a medium volatility fund: Swell Classic GTAA Fund.
  
  Contact: Julien Fedoriska
  Tel: +33 1 43 12 64 33
  jfedoriska@swell-am.com
  www.swell-am.com
- Monthly Update - January 2014
  
  Published: 2014-02-07 08:50:00
  
  Dear Investors,
  
  We are pleased to inform you that 5 fund companies have been added to the MFEX platform: Ayaltis (CH), Odey (UK), Coupland Cardiff Asset Management (HK), BankInvest (DK) and Atlantis (HK).
  
  Ayaltis is a Zurich-based, award-winning specialised fund of hedge funds manager with a focus on hedge fund opportunities in relative value opportunities. The company was founded in 2008 by experienced hedge fund professionals with a strong track record. Ayaltis is independent and owned by the management, employees and strategic partners (family offices).
  
  Contact: Niclas Gutenbrink
  Tel: +46 (708) 77 77 88
  Email: gutenbrink@ayaltis.com
  www.ayaltis.com
  
  Odey AM is a London-based investment firm managing around $11bn for institutional investors, private banks & individual investors across Global & European strategies. The firm was established by Crispin Odey in 1991 to focus on active fund management with an equal emphasis on preserving capital and generating superior returns. More than half of the 79 employees are investment professionals and the partners are amongst the largest investors in the strategies they run.
  
  Contact: Sarah St. George
  Tel: +44 (20) 7208-1432
  Email: s.stgeorge@odey.com
  www.odey.com
  
  Coupland Cardiff Asset Management (CCAM) is a specialist Asian fund management company. Founded in 2005 by Angus Coupland & Richard Cardiff, the company focuses on delivering strong performance within a risk controlled framework. CCAM has built a strong fund management team of experienced Asian managers, and a first class operational infrastructure to meet investors' increasing demands for an institutional products. The company is wholly owned by the founding partners and staff. The main drivers for the company are to achieve excellence in three key areas: investment performance, operations and client service.
  
  Contact: Patrick Cooper
  Tel: +44 (0)20 7321 3484
  Email: pcooper@ccam-asia.com
  www.couplandcardiff.com/
  
  Bankinvest, founded in Denmark in 1969, BankInvest is an independent asset manager in the Nordic region and specialized in active portfolio management. BankInvest offers investment funds in Developed, Emerging and Frontier Markets investing in both equities and bonds. In 2006, BankInvest launched BI SICAV responding to the increasing demand from institutional investors outside Denmark. Today, BankInvest is owned by more than 38 Danish local and regional banks and has approximately 120 employees and 11.8 billion EUR under management.
  
  Contact: Client Management
  Tel: +45 77 30 90 00;
  Email: clientmanagement@bankinvest.com
  www.bankinvest.com
  
  Atlantis is an independent asset management boutique; 100% owner-managed since it was founded in 1994 by two ex-Schroder managers. Today the company is owned by Yang Liu, Chinese equities manager. Since inception the company has been dedicated exclusively to the management of Asian equity strategies. Atlantis investment professionals are based in Hong Kong, Shanghai and Singapore.
  
  Contact: Leonard Aquarone
  Tel: +44 (0)20 7877 3375
  Email: Leonard.Aquarone@Atlantis-Investment.com
  www.Atlantis-Investment.com
- Quarterly Bulletin - Winter 2013 / 2014
  
  Published: 2014-01-02 08:57:00
  
  Dear Friends, Fund Companies and Colleagues,
  
  It is the time of the year to reflect upon everything that has been going on and perhaps even more importantly: plan and prepare for the future. Within this bulletin, we would like to take a brief look back at 2013 and offer you an insight into our plans for 2014.
  
  We would also like to take the opportunity to thank you for your trust and a wonderful cooperation! We hope you had a fantastic year and we are very much looking forward to doing business with you in 2014.
  
  MFEX 2013 Review
  
  Within 2013 MFEX passed the milestone of 500 fund company distribution agreements, making us the largest fund distribution platform in terms of fund companies – from 26 countries.
  
  Our new Rebate Collection Services, developed in cooperation with Clearstream, Citi and other global custodians, is fully operational and 5 new distributors have been onboarded.
  
  MFEX entered 5 new countries: Spain, Russia, Latvia, Greece and Cyprus with local distributors and we are now distributing funds in 16 countries. This offers new exciting opportunities to distribute your funds via MFEX in new markets.
  
  MFEX held meetings in over 50 cities to meet with local distributors and fund companies.
  
  In 2013 MFEX signed 17 new trading, custody and rebate collection agreements. Among them are: Pictet, UBP, BCV, KBC, Citi
  
  MFEX 2014 Preview
  
  We are expecting our global client base to grow in 2014 and we are currently working on new prospects in Singapore, Hong Kong, Australia, South Africa, Sweden, Norway, Finland, Germany, Austria, Switzerland, Spain and the UK. We see many opportunities for fund companies to raise more assets via MFEX.
  
  We are actively working with distributors and fund companies in both South America and Asia. Especially, the fund distribution landscape in Singapore, Hong Kong and Brazil show large potential and those markets will be on our radar in 2014.
  
  The fund market is getting more global and MFEX will offer more opportunities to distribute your funds in more countries through more distributors.
  
  Let´s keep a healthy and fruitful relationship!
  
  … with our recommended seasonal superfood.
  
  Pomegranates - This exotic fruit is considered a superfruit. It’s loaded with vitamins C and B, potassium, folic acid and iron as well as antioxidants and anti-inflammatory properties that help the prevention of cancer and heart diseases. Each of the crunchy, edible seeds (translucent capsules filled with a sweet or tart juice and a tiny seed) is a source of fibre and can be eaten alone, or used as a garnish. Pomegranates are available from October through January. However, don’t be too greedy: while pomegranates definitely have some good assets, they are also pretty high in naturally-occurring sugar.