029 Group SE

Regulatory Filings • Oct 10, 2000

News Details

Ad-hoc | 10 October 2000 19:06

Ad hoc-Service: Brainpower N.V. Engl.

Ad hoc-Mitteilung verarbeitet und übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist der Emittent verantwortlich. —————————————————————————— October 10, 2000 CCF Gestioni SGR purchases Brainpower solutions for Portfolio and Asset Management Brainpower today announced that CCF Gestioni SGR, the Italian Asset Management Company of the CCF Group, have selected BrainpowerFinest and BrainpowerTopFunds to support portfolio and asset management. CCF will use solutions supplied by Brainpower to support analysis and investment decisions made by their team of investment professionals, Brainpower products provide the ability to select stocks (BrainpowerFinest) and Mutual Funds (BrainpowerTopFunds) on the basis of a number of indicators such as statistics, investment return, and risk, enabling users, through portfolio simulations, to efficiently allocate assets. “In Italy, we manage client portfolios of a combined 3000 billion Lira, including 1000 billion Lira managed by CCF Gestioni SGR” says Marco Farina, Managing Director of CCF Gestioni SGR. “We selected Brainpower because the products are comprehensive and innovative in addressing the needs of the asset management business, Brainpower will enable us to dramatically increase the efficiency of our portfolio management activity and financial services related to funds of funds” continues Farina. “It is extremely rewarding for us being able to include CCF, one of the largest European banks, amongst our clients”, says Paolo Galli, country manager for Brainpower Italy, “and this deal confirms the positive response that the market continues to give to our solutions”. Ende der Mitteilung