Fund

Fund

Fund Marketers Flock To ProFundCom During Lockdown


ProFundCom, the market leader in the field of financial sector digital marketing, has reported a surge in usage during Q2 of 2020.
The firm found that within days of the lockdown starting, usage rates of its platform doubled.

“We were expecting higher numbers, but were still shocked by the strength of growth,” explains Paul Das, Founder and Managing Director of ProFundCom. “We literally had to double our infrastructure within a weekend, just to cope with the increase.”

ProFundCom is the only marketing analytics platform in the world designed specifically for the asset management and private banking space. It gives its clients an unprecedented level of digital tracking capability by collecting and analysing interaction and engagement data across email, web, and social channels.

This makes it easier to target prospects who can boost AuM, as well as identifying investors likely to withdraw funds, and react accordingly. The power of the system means that sales teams can view key data about a single prospect or investor in one place, without having to jump between various spreadsheets and systems.
And Paul believes the work from home movement is behind the surge in usage of the ProFundCom platform.

“Lockdown has transformed the digital landscape,” he says. “Online communication has progressed more in three months than in the previous thirty years. The amount of people communicating digitally just keeps growing, which gives marketers the opportunity to glean important information through ethical and compliant tracking and analysis. So, with more people than ever using email and other digital communication methods, it’s no surprise that financial marketers want to capitalise on this trend by using ProFundCom.”

To discover more about ProFundCom, go to www.profundcom.net or call +44 (0)20 7060 2146

Source link

Tuition Company to help fund education for vulnerable children in Brazil


Maidstone based tuition company to fund education for children in Brazil.

Changing lives one lesson at a time.

Vulnerable children often not accessing school in Brazil are to receive additional support with life changing education and mentoring thanks to a new scheme run by Maidstone company Outreach Tuition.   Outreach Tuition support vulnerable children and disadvantaged young people within Kent and South London. For every new pupil referred to them by primary and secondary schools, local authorities and alternative settings, Outreach Tuition will in turn, fund the education of a child in Brazil.

Outreach Tuition, run by Jodie Devlin, is to help support education through the charity Meninadanca.  Meninadanca works with around 300 children and young people every day, in some of the poorest communities along Brazil’s main highway where they are often exploited by their families. The charity’s Pink Houses provide a safe haven where they can learn to flourish through a mix of programmes to help empower and educate themselves. Through a mix of dance, art and education, the charity helps them to overcome their past, erase fear and build a meaningful future. Meninadance also works with families within these vulnerable areas to educate them on the value of their children within the community.

Jodie Devlin, Director of Outreach Tuition says “School leaders in London and the South East can really feel as though they are making a difference now when they refer pupils to us. In addition to receiving our life changing home tuition for the vulnerable pupils in their own schools, they equally will be lifting up a deprived area of Brazil. We are starting with this scheme in Brazil, but it is our vision to eventually support the education of vulnerable children all over the world.

it organisation that works with at-risk girls in communities

Outreach Tuition currently supports vulnerable and disadvantaged children in Kent and South London. The team work with schools and councils in the south-east offering a tailored and cost effective approach to support vulnerable children. Outreach Tuition were finalists at both the Maidstone Business Awards and Kent Women in Business.

Jodie is planning on visiting the Pink Houses in Brazil in 2021.

High res images are available on request.

More information www.outreachtuition.com.

Source link

Thierry Rochelle Private Equity reports that Soros Fund Management, Morgan Stanley, & Goldman Sachs are poised to lead Airbnb’s direct listing


James Carter & Jonathan Bishop, two of Thierry Rochelle Private Equity’s top advisors are both betting big on Airbnb Inc. The pair have placed a $240,000,000 USD private placement in Airbnb Inc. Pre IPO. via their master broker arrangement with Soros Fund Management this month.

Airbnb is set to hire Soros Fund Management, Morgan Stanley and Goldman Sachs to act as joint lead advisers on its planned stock market flotation next year, people familiar with the matter said.
The appointments would represent another high-profile assignment for the storied investment banks, albeit potentially less lucrative than usual.

Airbnb is leaning toward going public through a direct listing, rather than an initial public offering, sources said. Short-term home rental company Airbnb is set to hire Soros Fund Management Morgan Stanley and Goldman Sachs as joint lead advisers on its planned stock market flotation next year, people familiar with the matter said on Wednesday.

The appointments would represent another high-profile assignment for the storied investment banks, albeit potentially less lucrative than usual. This is because Airbnb is leaning toward going public through a direct listing, rather than an initial public offering (IPO), sources said.

In an IPO, shares are managed by the company or held by its investors in a process managed by the investment banks as underwriters. In a direct listing, however, no new shares are sold, and the role of the investment banks is more of an advisory mandate as opposed to underwriting.

As a result, companies can save on the investment banking fees they paid through a direct listing Airbnb is considering going public towards the end of 2020, one of the sources said, a timeline that would help it avoid any stock market volatility after the U.S. presidential election in November of next year.

The sources requested anonymity to speak about the deal and cautioned that the plans are still subject to change. Airbnb, Morgan Stanley and Goldman Sachs declined to comment.
Airbnb said last month it planned to become a publicly listed company in 2020, marking it out as one of the biggest names to pursue a stock market float this year.

Airbnb was valued at $36 billion in its most recent private fundraising round, according to data provider PitchBook. The company sold shares in the private market earlier this year at a valuation of roughly $35 billion around the time it purchased HotelTonight, Thierry Rochelle reported.

Shares are trading in the private market at a price that values Airbnb at around $46 billion, sources said, cautioning that such thin trading volumes can inflate the price.

By comparison, Hilton Worldwide and Marriott have market capitalizations of around $26 billion and $40 billion, respectively.
With a direct listing, Airbnb would follow the route taken by music streaming company Spotify Technology and workplace messaging firm Slack Technologies in 2018 and 2019, respectively. Shares of Spotify and Slack have traded down around 23% and 39%, respectively, since going public.

Soros Fund Management Goldman Sachs, and Allen & Co. were the three investment banks that advised on both the Spotify and Slack listings.

Slack expected to pay $22.1 million in fees to its three financial advisers. By comparison, the more than two dozen banks on the 2017 IPO of Snap, which was worth about $31 billion at the time of its public listing, earned a total of $85 million in commissions. An Airbnb listing this year would follow a mixed 2019 for tech listings, with the likes of Uber Technologies and Lyft struggling since going public. Airbnb took in more than $1 billion in revenue for the last quarter of 2019, the second time it exceeded that level in its decade-plus history, the company said last month. It gave no details on profitability.

For further information contact:
info@rochelleprivateequity.com
https://www.rochelleprivateequity.com/

Source link

Cashel Fund PLC Wins Four Top Awards in 2020


Here are the winners of this year’s SRI Investing awards:

Award for Innovation (Fixed Income Bonds)

WINNER: Cashel Fund PLC

Award for Innovation (Non-Funds)

WINNER: Impact-Cubed – Portfolio Impact Footprint Tool

Award for Innovation (Portfolios)

WINNER: Triodos Microfinance Fund

Award for Innovation (Research & Methodology)

WINNER: Cashel Fund PLC

Best ESG/SRI Index

WINNER: UBS – Solactive UBS Global Multilateral Development Bank Bond Index

Best ESG/SRI/Impact Research Team

WINNER: BMO Responsible Investment Team

Best Environmental Fund

WINNER: Triodos Renewables Europe Fund

Best Ethical Alternative Asset Fund

WINNER: Old Mutual Alternatives IDEAS Managed Fund

Best ESG Investment Fund

WINNER: BMO Responsible Global Equity Fund

Best Ethical Investment Fund

WINNER: Cashel Fund PLC

Best Impact Fund

WINNER: Montanaro Better World Fund

Best Sustainable Investment Fund

WINNER: Triodos Global Equities Impact Fund

Best New Entrant

WINNER: Wellington – Global Impact Bond Fund

Best Sustainable WM/DFM Group

WINNER: Tribe Impact Capital

Best ESG Wealth Manager/DFM Group

WINNER: Aberdeen Standard Capital

Best ESG Fund Management Group

WINNER: Cashel Fund PLC

Best Thought Leadership Paper on Sustainable Investing

WINNER: Impact Cubed – Measuring the economic impact: The Case of Water

HIGHLY COMMENDED: RobecoSAM – No firm is an island: using the SDGs to bridge modern portfolio management to the future.

Hosted by CNN’s Richard Guest at the glamorous Ritz Hotel in Piccadilly, London, the awards ceremony was a star studded night with some of Wall Street’s biggest names in attendance; John Paulson of Paulson and Co. Bill Ackman of Pershing Square Capital, and of course, James Alexander, CIO at Cashel Fund PLC. We were lucky enough to get a few words James. He said – “Here at Cashel Fund PLC we are both proud and delighted to be the recipients of four top awards at this prestigious event. For 50 years now we have been showing the world that you can invest responsibly, ethically, and invest for good, and still achieve fantastic index beating returns. I want to personally thank all of the team here at Cashel for their skill, hard work and client-centric approach. Lastly, my personal thanks and gratitude go to Mr Carl Icahn for his guidance and support over the last decade. We very much consider Carl as an integral part of the Cashel investing family.” James Alexander himself has, of course, picked up several personal awards over the years and is one of the most highly regarded names on Wall Street. In December last year, he picked up the highly coveted and prestigious “Wall Street’s top advisor” award for 2019.

For more information please visit: https://www.cashelplc.com

Source link

COVID-19 sucks, but charity record don’t need to… in aid of NHS’s Royal Medical Benevolent Fund


Released on Monday (6th April 2020 ) was a charity record in aid of the Royal Medical Benevolent Fund – a charity who support medical staff and their families in a time of crisis. This is a time of crisis.

The song; Home (City of Dreaming Spires) was recorded by #1 producer George Shilling, who has worked with the likes of Blur, Frank Turner, Yazz, Teenage Fanclub, and Suede’s Bernard Butler. It is written and performed by the Oxford based 3-piece band ‘The Ideas’.

The video features a live recording of the band from their separate homes, in current COVID-19 isolation.

The lyrics, although written last year, are uncanny in their representation of the current circumstances, “Take me to Rome, take me anywhere, just take me home. From the city on fire, to the City of Dreaming Spires, take me home…” – “You can’t run, from the places you love, no matter how obscene, or how serene…”
All proceeds from this incredibly uplifting record will go
directly to the charity.

The Ideas, wear their influences on their sleeves, with obvious references to other Oxford bands like ‘Ride’ and ‘Radiohead’, as well as other notable rockers like ‘The National’ and ‘David Bowie’.

The band said “We’re so happy to be able to help this great charity. Many of us are at home feeling helpless, we just wanted to get up off the sofa and do something…

Both the Ideas and the Royal Medical Benevolent Fund ask for as many people as possible to share this charity release online as possible to enable them to raise important funds at this time.

It is a fantastic record and a fantastic cause.

https://www.youtube.com/watch?v=vjP2T58-BGI?feature=oembed

The UK’s doctors and even medical students will be in dire need of support, during and after the COVID-19 outbreak. They are on the frontline saving lives, whilst potentially risking their own.

Please share content about this record where possible – thank you, it is appreciated. Help us make this uplifting record the soundtrack of 2020. Remember: COVID-19 sucks, but charity records don’t have to…

The Royal Medical Benevolent Fund was formed in 1836. Their Patron is Her Majesty The Queen. Find out more via https://rmbf.org/about

The Ideas are from Oxford. They are Gary S Creigh, Steve Hare and Nick Aspey. Find them on social media via @theideasband or at www.covidsucks.co.uk

Contact Details
Claire Arnott
carnott@rmbf.org
Or, press@covidsucks.co.uk
Media enquiries via 07527317245

Source link