News & Events

Events, News

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11 November 2018

The season started off in the best possible way for Junda-Banca del Sempione competing in the J70 class.
At the first meeting of the Monaco Yacht Club Winter Series, in which 28 boats coming from 13 nations participated, Junda - Banca del Sempione gained a remarkable victory.

Investment Policy 4. trimester 2018
Publication Notice

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15 October 2018

Investment policy - 4. Quarter 2018

Investment policy

The third quarter showed an increasingly polarised scenario. On one hand, we had an excessive robust US economy that shows signs of overheating that could lead the FED to consider possible hikes above the natural rate (estimated at around 3%). On the other hand, we had the rest of the world, plagued by constant dilemmas: the European Union, which has to deal with the Italian insubordination and the still unresolved Brexit issue. The emerging markets have seen the succession of the Turkish Lira and Argentinian Peso crisis, as well as the turbulent Brazilian elections (including the attack on candidate Bolsonaro)…

 

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Investment Policy 2018
Publication Notice

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15 July 2018

Investment policy - 3. Quarter 2018

Investment policy

While the eyes of investors were focused on the tariff conflicts across the ocean, the Italian government was formed in the last quarter, with the unprecedented Lega-5 Stelle coalition highlighting the fragility of European cohesion, struggling to go beyond a merely monetary union. Investor scepticism on the economic policies of the new government is once again fuelled by the Btp-Bund spread. However, the key developments of the economic policies are expected by autumn, when the financial budget will have to be approved…

 

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Annual Report 2017
Publication Notice

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4 May 2018

Annual report 2017

Banca del Sempione SA’s general meeting of shareholders held on 26 April 2018 approved the Parent company’s and the Group’s accounts for the year 2017. The results showed significant growth in all business areas and consolidated earnings up by 13.6% to CHF 8.008 million.

Publication Notice

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15 April 2018

Investment policy - 2. Quarter 2018

Investment policy

After a very strong start in January, the markets clashed with inflationary fears that caused a sharp and rapid adjustment in prices in early February, giving way to termination of the excessive number of “short volatility” strategies that had accumulated and which in 2017 brought the VIX index to historic lows…

 

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News

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5 April 2018

Il Sole 24 Ore High Yield Award 2017 ("Premio Alto Rendimento”):


- Bonds Value Sub-Fund

- Flexible Low Risk Exposure Sub-Fund

 

Thomson Reuters Lipper Fund Award 2018:


- Bonds Value Sub-Fund

Publication Notice

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15 February 2018

Investment policy - 1. Quarter 2018

Investment policy

The year 2017 ended with upbeat stock markets. New record highs were recorded in the USA several times during
the course of the year, and things went particularly well on this side of the Atlantic as well. In fact, we finally
saw a joint acceleration of the various Eurozone economies, in addition to the emerging ones. For the first time
since 2008, we can finally say that we are undergoing a period of synchronised global growth.

 

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Immagine Campagna
News

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7 February 2018

The Automatic Exchange of Information on tax matters (AEOI) is a new international standard, aimed at achieving transparency with regards to assets held abroad and preventing cross-border tax evasion. To date, over one hundred States, including Switzerland, have adopted this standard.

 

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Sicav - Immagine
News

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1 January 2018

Giuliano Flematti, investment manager of Base Investments SICAV’s Bonds Value Sub-Fund, has achieved the Citywire AA rating, in addition to the Morningstar five stars, showing his management skills once more.

Publication Notice

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1 November 2017

Investment policy - 4. Quarter 2017

Investment policy

After an underwhelming start of the year, macroeconomic indicators showed a significant acceleration in growth rates in the third quarter. Growth in the Eurozone have reached around 2.3%, among the highest levels of the last few years. Signs of recovery and upward revision have also been observed in Italy, the country which - among the European economies - has until now particularly struggled to grow.
While the economic scenario has been rife with positive signs, the political and diplomatic one has been plagued by a series of events that in a weaker economic scenario would have had heavy repercussions on the financial markets.
The geopolitical tensions in North Korea, with a number of missile launches over the northern part of Japan, had only a limited and temporary impact on the financial markets. The same goes for the latest rejection of the health reforms by the US Parliament…

 

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TicinoWelcome Settembre/Novembre 2017
Interview

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7 September 2017

To find out more, please take a look at the interview with the Chiasso, Bellinzona, and Locarno branch managers published in the September/November edition of Ticino Welcome.

Publication Notice

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21 July 2017

Investment policy - 3. Quarter 2017

Investment policy

Macroeconomic indicators in the second quarter of 2017 recorded a minor slowdown compared to the first quarter. The Purchasing Managers Index (PMI) and above all the indexes that measure economic surprises were revised down from very high levels, but they continued to indicate a positive phase of the economic cycle. At the end of the half-year, the FED made an additional upward adjustment to the rates on FED funds (to 1.25%), while the ECB maintained cautious wording in regard to the end of the QE. We believe the ECB should begin to prepare the market for a normalisation of monetary policy, which will be slow and cautious, but in our opinion unavoidable in the current scenario of recovery of European economic growth…

 

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Immagine Campagna
News

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4 May 2017

The Ticino banking group has overhauled its corporate identity and chosen as its institutional logo “man and the mountain”.

Publication Notice

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3 May 2017

Annual report 2016

On 27 April 2017, the shareholders general meeting of Simplon Bank Ltd approved the 2016 results and expressed its satisfaction at the outcome.

Publication Notice

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15 April 2017

Investment policy - 2. Quarter 2017

Investment policy

The year 2017 started off on an optimistic note, with share prices continuing along their path of recovery that began after the US presidential elections. Simultaneously and for the first time in a number of quarters, the economic indicators are also synchronised, in line with economic growth in Europe and the USA, as well as in the emerging markets, where China is less worrisome than one year ago…

 

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Premio Alto Rendimento SICAV
Press release

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8 March 2017

For the second year in a row, the Bonds Value fund of Base Investments Sicav won the 2016  “Alto Rendimento” Prize awarded by the Sole 24 Ore, having been classed as the best bond fund in the Euro-diversified category.

Publication Notice

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2 February 2017

Investment Policy 1. Quarter 2017

Investment policy

The fourth quarter of the past year was undoubtedly dominated by the U.S. elections. The approach to the electoral event was very cautious on the markets, and at the dawn of the initial exit polls, everything appeared to take a turn for the worse. However, as in the case of Brexit, the equity markets reacted posi-tively in this case as well, as they did one month later, with a positive reaction to the outcome of the Italian referendum, which had been so feared up until the night before. Given the performance of the year just ended, we can easily assume that investors were most likely taken by surprise on excessively prudent positions in their portfolios, later having to suffer through the market fluctuations…

 

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