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GAM and SHK & Co Announce Strategic Alliance to Drive Growth and Enhance Distribution in Greater China
GAM Investments (“GAM”, SWX: GAM), an independent investment manager headquartered in Zurich and Sun Hung Kai & Co. Ltd. (“SHK & Co”, SEHK: 86), a leading Hong Kong-based alternative investment firm, are pleased to announce a new strategic alliance.This alliance aims to drive growth and enhance client coverage and capabilities across Greater China (Hong Kong, mainland China, Taiwan and Macau). Effective from 1August 2024, the alliance includes significant new investment in an expanded distribution platform and new strategic alliance serving investors across the region.This collaboration leverages GAM’s near 40-year commitment to the region, Swiss heritage and active investing approach with SHK & Co’s deep understanding of the Asian market, strong local presence, and extensive expertise and network. Together, both companies share a vision and entrepreneurial mindset to drive new business growth, private wealth solutions and active investing opportunities for a broad range of clients. Strategic AllianceAs part of this strategic alliance, Sun Hung Kai Capital Partners Ltd., the licensed subsidiary of SHK & Co will drive the distribution and servicing of GAM’s funds across Greater China. To ensure a seamless transition, SHK & Co will utilise GAM's operational processes, systems, and local Hong Kong talent in the business. This ensures that excellence in relationship management and service is maintained. GAM remains steadfast in its commitment to Greater China, ensuring continued service and support through this alliance with SHK & Co. Expanded Product OfferingThis new alliance will also build on GAM’s existing product offering of High Conviction Equity, Specialist Fixed Income, Multi-Asset, Sustainable, and a growing Alternative Investment Solutions capability. These products will be available to wholesale, family offices, and institutional channels. GAM and SHK & Co will also collaborate closely to co-develop innovative, alternative, and portfolio-diversifying product solutions for clients both locally and internationally.Elmar Zumbuehl, Group CEO at GAM, commented: "We are delighted to partner with SHK&Co, a market leading firm established in 1969 known for its local market presence, alternative investing expertise and wealth management solutions. This alliance reinforces our commitment to the region and enhances our ability to serve our clients with distinctive and award-winning investment solutions."Tony Edwards, Deputy CEO of SHK & Co, expressed: "We are excited to team up with GAM, a renowned global asset manager with a long-standing history of excellence. This strategic alliance combines our complementary strengths and resources, significantly improving our client service and investment solution capabilities. Together, we are well-positioned to provide exceptional offerings that cater to the evolving needs of our clients in the region. Also, we look forward to deepening and exploring more business collaborations with GAM in the years to come, particularly in alternative investment solutions."About Sun Hung Kai & Coand Sun Hung Kai Capital PartnersSun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co” / the “Company”, together with its subsidiaries, the “Group”) is a leading Hong Kong-based financial institution recognised for its expertise in alternative investments and wealth management. Since 1969, the Company has built a diversified investment portfolio across public markets, credit and alternatives strategies including real estate and private equity, delivering long-term risk-adjusted returns. Leveraging on its deep-rooted Asian heritage, SHK & Co supports and nurtures specialist emerging asset managers in the region, empowering them to excel. SHK & Co also utilises its long-standing investment expertise and resources in providing tailored investment solutions to like-minded partners and ultra-high-net-worth investors through its Family Office Solutions. As at 31 December 2023, the Group held about HK$41 billion in total assets. For more information, please visit: www.shkco.com / follow SHK & Co on LinkedIn.Founded in 2020, Sun Hung Kai Capital Partners (“SHKCP”) is the Hong Kong SFC regulated subsidiary of SHK & Co, with Type 1, 4 and 9 licenses. For more information, please visit: www.shkcapital.com / follow SHKCP on LinkedIn.About GAMGAM is an independent investment manager that is listed in Switzerland. It is an active, independent global asset manager that delivers distinctive and differentiated investment solutions for its clients across its Investment and Wealth Management Businesses. Its purpose is to protect and enhance its clients’ financial future. It attracts and empowers the brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 63.8 billion as of 31December 2023, with Investment Management at CHF 19.3 billion and Fund Management Services at CHF 44.7 billion. As of 31 January 2024, Fund Management Services were successfully transferred to the Carne Group. GAM has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983 and its registered office is at Hardstrasse 201 Zurich, 8037 Switzerland. For more information about GAM Investments, please visit www.gam.com.Media enquiry, please contact:Hill and KnowltonJoanne Lam +852 9839 6552Sidney Leng +852 5443 4320Lynn Zhang +852 9794 5751Email: SHKCo@hkstrategies.comOther Important InformationThis release contains or may contain statements that constitute forward-looking statements. Words such as “anticipate”, “believe”, “expect”, "estimate", "aim", “project”, “forecast”, "risk", “likely”, “intend”, “outlook”, “should”, “could”, "would", “may”, “might”, "will", "continue", "plan", "probability", "indicative", "seek", “target”, “plan” and other similar expressions are intended to or may identify forward-looking statements.Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith.This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction.18/07/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Jul 18, 2024
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Saint Bella Holdings Limited has invested into Nexus Media Limited, the licensee and publisher of leading luxury lifestyle magazine Robb Report Hong Kong and RR1 global private membership
Currently with 17 editions in 29 countries and territories, Robb Report Hong Kong is recognised as the leading voice for its discerning global UHNW audience that appreciates and desires quality, exclusivity, heritage, taste, and fine design. Robb Report is synonymous with affluence, luxury, and the best of the best, and it belongs under Penske Media Corporation (PMC), which includes globally acclaimed media titles and event IPs in its portfolio, such as Billboard, WWD, Variety, Rolling Stone, The Hollywood Reporter, SXSW, Sourcing Journal, Beauty Inc, American Music Awards, and many more.Robb Report Hong Kong is the region's definitive luxury lifestyle media title, highlighting the very finest in luxury living. Alongside its prestigious annual Best of the Best print magazine, Robb Report Hong Kong publishes daily digital content and serves as the ultimate guide to lifestyle and luxury in the city.With this strategic investment, Robb Report Hong Kong will work with Saint Bella to invite its selected ultra-high-net-worth clientele to apply for the global RR1 membership, which allows privileged access to international RR1 events. RR1 is a by-invitation-only private members’ community that gives its discerning members access to one-of-a-kind luxury experiences curated by Robb Report, bringing the pages of the magazine to life. As the leading voice of luxury, Robb Report is strategically positioned to provide RR1 members with exclusive access to the most influential and extraordinary experiences around the world.RR1 members may also gain one-of-a-kind access to select experiences under various PMC titles and IPs, such as the Golden Globes, SXSW Austin, SXSW Sydney, Billboard Music Awards, American Music Awards, Life is Beautiful, WWD, Red Sea Week, Culinary Masters, Car of the Year, House of Robb, and more.Saint Bella Holdings Limited, parent company of SAINT BELLA, the leading luxury family care brand in Asia, has announced a strategic equity investment as a shareholder in Nexus Media Limited, publisher of Robb Report Hong Kong and its RR1 private membership community.Saint Bella Holdings Limited is an award-winning leader in luxury family care across Asia, offering an unparalleled suite of premium and ultra-premium services and products. These include top-tier postpartum care centers, comprehensive home child care, wellness and nutritional supplements, and specialized elderly care. The luxury family care provider serves over 10,000 members and clients annually across more than 25 cities in Asia and now expanding into the US. Its flagship luxury brand, SAINT BELLA, is the largest ultra-premium maternity care provider.“I am pleased to announce that this investment will create mutual benefit for Saint Bella and Robb Report Hong Kong through the RR1 private membership and access to global events that will build a stronger network of UHNW individuals for the global RR1 programme,” says Tak Man, CEO and founder of Nexus Media Limited and publisher of Robb Report Hong Kong. “As part of our exclusive social community, members enjoy truly unique access to luxury with a remarkable group of peers who share similar passions. Lifelong friendships and unforgettable memories are made among a community of connoisseurs at RR1 events around the world.”CEO of Saint Bella, Danny Xiang, is delighted to announce this strategic equity investment. It is a great opportunity for the two companies to work together and provide access to unique global luxury experiences for UHNW clientele. "We are excited to partner with Nexus Media Limited to bring the exclusive luxury experiences of Robb Report RR1 membership and PMC networks to Saint Bella's distinguished clientele worldwide. This collaboration will introduce the esteemed RR1 membership to our ultra-high-net-worth clients in Asia. Together with Robb Report Hong Kong, we are redefining luxury maternity experiences for families globally, creating a unique community with access to unparalleled, one-of-a-kind luxury offerings."Saint Bella Holdings Limited has a diverse portfolio of investors, including Tencent, C Capital, Swire Properties New Ventures, Mirae Asset, and China Life, and it has recently raised US$100 million over a Series C fundraising round. About Nexus Media LimitedTak Man founded Nexus Media Limited as a privately owned company under Nexus Media Group. Nexus Media Limited is the licensed publisher of Robb Report Hong Kong. Nexus Media Group includes media companies that specialise in the commercialisation of international titles, custom publishing, live events and experiences, digital media platforms, and more.About Saint Bella Holdings LimitedSAINT BELLA stands at the forefront of luxury family care services, driven by a vision to become the world’s leading provider and redefine excellence in care for a new generation of families. Established in 2017, Saint Bella Holdings Limited has attracted strategic investment from renowned partners and institutions, quickly establishing a presence along the value chains of top online portals, insurance, and properties.Its group-wide business covers a wide range of services, including maternal and child care, home child care, internet hospitals, wellness and nutritional supplements, elderly care and investment. Saint Bella Holdings Limited is known for its acclaimed sub-brands SAINT BELLA, Bella ISLA, and baby bella, which are synonymous with unparalleled excellence and the largest and most influential high-end direct-operated postpartum care centres in Asia. With recent expansions into the USA and plans to establish presence in major global cities, Saint Bella Holdings Limited is poised to redefine family care on a truly global scale.18/07/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Jul 18, 2024
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Jul 16, 2024
The First and Only in the Industry! New Higher Education Group (2001.HK) Has Outstanding ESG Performance and Was Selected into S&P Global “Sustainability Yearbook (China Edition) 2024”
(July 16, 2024 - Hong Kong) A leading higher education group, China New Higher Education Group Limited (“New Higher Education Group”, collectively called the “Group” together with its affiliated companies, stock code: 2001.HK) is pleased to announce that with outstanding performance in the field of sustainable development, the Group stands out from over 1,700 enterprises and is successfully selected to be included in the S&P Global “Sustainability Yearbook (China Edition) 2024” (hereinafter referred to as the Yearbook). Out of around only 120 Chinese companies selected this time, the Group outperformed 110 companies in the CSV Diversified Consumer Services Industry, making it the first and only company in the industry to be included.The S&P Global Corporate Sustainability Assessment (CSA) evaluates companies’ sustainable development performance based on a wide range of industry-specific economic, environmental, and social criteria. The CSA score of New Higher Education Group is 34 points, ranking seventh globally in the CSV Diversified Consumer Services Industry and the first in China, significantly exceeding the industry average level. With its unremitting efforts and excellent performance in ESG, New Higher Education Group stood out from various companies and successfully made it into the Yearbook. Not only is New Higher Education Group the only chosen enterprise in the higher education industry but it is also the first and only enterprise to be selected among the S&P Global CSV Diversified Consumer Services Industry (110 companies in total). S&P Global Sustainability Yearbook summarized the main sustainability risks and opportunities in various industries in the past year, aiming to identify and recognize companies with sustainable development advantages in various industries. The Yearbook continues to receive great attention from global companies and stakeholders. With more than 1,700 companies participating, it is highly competitive this year and ultimately only around 120 companies with the best performance from different industries were selected.The Group always adheres to the long-term development and firmly promotes the Group’s internal ESG performance. The Group has implemented environmental education and emission reduction actions. The Group integrated “double carbon” education into teaching content, gradually set targets and implemented emission reduction actions; promoted the pilot photovoltaic projects in Yunnan School, Gansu School, and Guangxi Schools; carried out effective resource management in the whole process of procurement, used of resources and waste management; and followed the national Green Building Evaluation Standards in the construction of new buildings. Yunnan School, Guizhou School and Central China School were selected as “Water-saving Universities”. The Group has actively fulfilled its social responsibilities by providing educational assistance. The Group continued to host the “One Heart – Rainbow Action” and “Spring Rain Action” of the Central Committee of the China Association for Promoting Democracy to train teachers for 27 rural support sites in Yunnan and Guizhou, and sent teachers and students to more than 20 primary and secondary schools to provide teaching support. A total of 830 rural wealth leaders have been trained, and nearly 4,000 farmers have been employed through the training of these leaders. The Group continues to optimize its governance structure and operational model, promote internal institutional construction and process improvement, enhance the level of governance and management efficiency of the Group, improve the teaching and employment quality of its schools. The employment rate of the graduates has exceeded 95% for four consecutive years, cultivating high-quality applied and technical skilled talents for society.While firmly adhering to the sustainable development pace, the Group actively benchmarks against external standards, refers to international standards such as the Global Reporting Initiative Sustainability Reporting Standards (GRI Standards) and the United Nations Sustainable Development Goals (SDGs), learns from the best practices of well-known universities at home and abroad, and continuously improves ESG work and report disclosure. In financial year 2023, the Group quantified its ESG environmental goals for the first time, formulated energy-saving and emission-reduction measures, and actively communicated with rating agencies and the capital market to fully demonstrate the Group's high-quality ESG development results. The performance of New Higher Education Group in the ESG field has also been recognized by other authoritative rating agencies and media in the capital market: the Group has received a “Low Risk” rating from Morningstar, and has been won the “Best ESG Information Disclosure Award” in the 8th Zhitong Finance Listed Companies Selection in 2023.In the future, the Group will continue to promote the integration of ESG into the Group’s development strategy, attach great importance to and voluntarily implement the ESG development concept, focus on environmental protection, actively fulfill social responsibilities, optimize the governance of the Group and schools, benchmark international standards and global best practices, continuously improve the Group’s ESG level, and unswervingly follow the path of sustainable and high-quality development. Meanwhile, the Group is committed to the ESG philosophy and uses ESG as a guide to integrate financial indicators such as stable performance growth, steady investment returns, abundant cash flow and stable dividends with ESG, so as to create value in a sustained and steady manner, thereby realizing long-term benefits and sustainable development, and achieving a win-win situation for both investors and the Group in the long run.-END-About China New Higher Education Group Limited (2001.HK):China New Higher Education Group, a leading higher education group in China, was founded in 1999. The Group fully implements Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 20th National Congress of the Communist Party of China, implements the fundamental task of building moral character and cultivating people, "enabling every student to achieve career success and happiness in life" as its mission, and committing to "building the most student-oriented university". The Group has established 8 full-time universities and colleges in 7 provinces in China, with more than 140,000 students and nearly 10,000 faculty members. The Group has cultivated more than 400,000 high-quality applied and technical talents for society, making positive contributions to the high-quality development of national strategy and regional economy and society. As a leader in high-quality employment, the Group’s schools have won many honors such as the “Top 50 National Employment”, “The Top 100 National Typical Cases of Employment and Entrepreneurship for College Graduates”, “National College Graduate Grassroots Employment Excellence Award”, and the employment rate of the graduates is far higher than the average level in China for consecutive years.For more information, please visit the Group’s website: https://www.xingaojiao.com16/07/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Jul 16, 2024
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