The Chief Investment Officer of Compass Invest JSC - Dragomir Velikov took part in a debate about "An industry in transformation" part of this year's edition of the report "FUND TECHNOLOGY, DATA & ADMINISTRATOR OPERATIONS, EUROPE 2016".
Nike shares surged 8.91% to an all-time high on Friday after the company reported a solid first quarter and big beats on the top and bottom lines (Disclosure: Nike Inc is one of the core holdings of Mutual Fund Compass Global Trends).
The list is led by Tesla Motors and lasts with many familiar and not so popular companies in the field of solar energy, online commerce, friendly robots and others who will reshape the technology business in the near future.
Shares of Panera Bread Co. (Disclosure: part of Compass Global Trends's portfolio) soared Thursday, the day after the company announced plans to sell and refranchise 73 stores and increase its buyback program.
During the previous trading session the Hang Seng Index (Hong Kong) recorded strong growth (+3.80%) due to the accelerating trends over the past several months – the large number of initial public offerings (IPO)
Yesterday, Tesla shares (Disclosure: Compass Global Trends owns shares in Tesla) rose 3.00% after the company’s CEO Elon Musk tweeted that a major new Tesla product line will be revealed on 30thof April.
Compass Invest JSC would like to notify its unitholders and potential investors that the redemption fees of its mutual funds - Somoni Eurostability, Somoni Strategy and Somoni Progress - will be changed as of May 14th, 2012.