Search
Home  Disclaimer  Contact us 
Dictionary 
Currency: 
 Language
 Change profile
Fund Range Investment About Sparinvest Literature
Sparinvest - in brief News Media Jobs
Logos
Press releases
Press release archive
Press contact
Pictures
Press releases
16-12-2011
Pressrelease: Sparinvest moves its Headquarters to Luxembourg
Celebrating the tenth anniversary of its operations in Luxembourg, the Danish Asset Manager, Sparinvest SA has paid tribute to the Grand Duchy's financial services sector. Proving that actions speak louder than words, Sparinvest has announced that it has transferred the domicile of its parent company, Sparinvest Holdings SE from Denmark to Luxembourg.

The change was approved by shareholders at an Extraordinary General Meeting held in Taastrup, Denmark, on Friday 30th September.

Speaking of this milestone in Sparinvest’s history, Per Noesgaard stated:

"Our vision for Sparinvest over the next five years is one of increasing international expansion, whilst remaining true to the Danish values that have proved so popular with our Danish and international investors to date - namely integrity, transparency and conviction.
We have now operated out of Luxembourg for exactly a decade and it has become increasingly obvious that this is the ‘intelligent’ domicile for an asset management company with long-term international ambitions. In saying this, we acknowledge the fact that the Authorities overseeing the fund management business here in Luxembourg are the best in the world. Their competence and desire to nurture the fund management industry have proved an irresistible attraction."

 

...
03-10-2011
Sparinvest - European Small Cap Value fund is launched today

Sparinvest has today announced the launch of a new sub-fund within the Luxembourg-domiciled Sparinvest SICAV. Sparinvest European Small Cap Value (ISIN LU0256591552) was launched in 2006 by Atrium Asset management (acquired by Sparinvest in March) and thus enters the SICAV with a pre-existing 5-year track record. Sparinvest believes that, as a result of the Euro crisis, small companies based in Europe have been indiscriminately priced down and now offer a rich hunting ground for bargain hunters. 

A new sub-fund today joins the Luxembourg-domiciled umbrella fund, Sparinvest SICAV. Originally named Atrium Value Partner SICAV European Small Cap, the fund was established in June 2006 by Atrium Asset Management (the small Danish value specialist acquired by Sparinvest in March 2011). The fund was the European carve-out of a considerably larger EUR 44 million Danish fund managed according to the same strategy. Now re-named Sparinvest European Small Cap Value, the fund retains its ISIN code (ISIN LU0256591552) and management team, Karsten Løngaard and Lisbeth Søgaard Nielsen who continue to jointly manage the ‘new’ fund as part of Sparinvest’s 10-strong Value Equities team. The fund enters the SICAV with a 5-year track record.

...
03-10-2011
Sparinvest SICAV shareholders approve UCITS IV compliance status and Appointment of new Board Members with strong international focus

Shareholders of Sparinvest SICAV, the company structure housing the pan-European fund range of Danish asset manager Sparinvest, met at an EGM on 30th September and approved resolutions to appoint a new Board of Directors and to change the Company Statutes to those of UCITS IV, incorporated into the Luxembourg law of 17 December 2010.

Shareholders in Sparinvest SICAV, an umbrella fund comprising the 14 sub-fund pan-European product range of Asset manager, Sparinvest, met at an Extraordinary General Meeting on 30th September and have voted to appoint a new Board for the company and to approve UCITS IV compliance status for the funds, as granted by the Luxembourg legal authority, the Commission de Surveillance du Secteur Financier (CSSF).

...
27-09-2011
Local Culture Influences Investment Returns, According to INTRA Study of 45 Nations

Professor Dr Thorsten Hens of the University of Zurich visited Luxembourg today to present findings from the ‘International Test of Time Preferences and Risk Attitudes’ (INTRA) – a study that he has co-authored with leading financial academics from around the world. To date, 45 nations have participated in the survey which indicates that – despite the increasing interconnectedness of global markets – local cultural differences continue to exert an influence on investment behaviour and returns, meaning that some nationalities are more likely to invest successfully than others.

One of the world’s top behavioural finance experts, Professor Dr Thorsten Hens is running an on-going international study into time preferences and risk attitudes in order to establish whether financial decisions and stock market returns have a cultural dimension. Today Prof Hens visited Luxembourg to present findings from the study, based on the responses from 45 nations.

...
11-07-2011
First UCITS IV management companies announced - Sparinvest is one

Luxembourg was the first country to integrate the UCITS IV legislation into local law. Now, in early July 2011, a first list of UCITS IV Management Companies has been released. The pan-European asset management company with Danish roots, Sparinvest S.A. in Luxembourg, is one of only 21 companies within its category now authorised to operate within the framework of UCITS IV by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF). 

Luxembourg, 11.07.2011, Luxembourg - Europe’s main investment funds hub – has become the first to have enshrined the EU UCITS IV Directive into its local legislation. Sparinvest, the European asset manager with Danish roots which has distributed to pan-European markets from its Luxembourg operation since 2001, is amongst the very first companies to be authorised to operate within the framework of UCITS IV by the Luxembourg CSSF.

...
Sparinvest S.A. | 28, Boulevard Royal | L-2449 Luxembourg | Phone: +352 26 27 47 1 | Fax: +352 26 27 47 99