Fintech PR
Longchamp selects Premialab

Leading French asset manager will use Premialab technology for risk management and portfolio strategy
LONDON, Dec. 12, 2023 /PRNewswire/ — Premialab, a leading provider of data, analytics, and risk solutions, today announced that Longchamp Asset Management had selected its technology to deliver portfolio management and risk solutions.
Premialab helps its clients manage their systematic and multi-asset portfolios, leveraging a unique data set provided by the world’s largest 18 investment banks. Premialab tools streamline asset allocation and strategy selection, and maximise portfolio returns, while efficiently controlling risk. Co-founder and CEO Adrien Géliot said the company was delighted to welcome Longchamp to Premialab’s rapidly expanding European business.
“Longchamp is an exceptional firm and a specialist in Quantitative Investment Strategies – QIS – which is the heart of the Premialab business,” he said. “Our products draw together the collective intelligence of over 5,000 liquid systematic strategies to deliver the only independent benchmarking and analysis toolset for these strategies available in the world today. I am delighted to work with Longchamp to deliver our atomic-level solutions to their outstanding team.”
Longchamp Managing Director, Head of Solutions and Fund Structuring Remi Genlot said Premialab was a natural fit within the firm’s business model. “QIS is one of Longchamp’s main areas of expertise – we trade with all major QIS providers on an open architecture basis; we use QIS in our discretionary funds and mandates; and we provide fund wrapped solutions to banks and their clients,” he said. “Premialab is an invaluable partner to help understand and manage risk on a lookthrough basis, aggregated across counterparties, delivered in real-time within state-of-the-art report frameworks.”
Premialab Co-founder and COO Pierre Trecourt said momentum was building rapidly in the systematic trading sector as a growing range of firms use these strategies for liquid, real-time expression. “We sit at the centre of the systematic trading world as the only firm that can aggregate and make sense of its massive, expanding universe of data.”
Premialab’s multi-asset, multi-region platform processes 5 million data points every day on 5,000+ investible systematic strategies, with clients AUM representing an estimated USD$5 trillion. The Premialab platform and Premialab Pure Factors® together offer cross-asset quantitative strategy selection, and due diligence on strategies available across global markets. The platform also delivers faster, more detailed risk management and reporting, including regulatory reporting. Premialab has offices in Paris, London, New York, Hong Kong and Sydney.
About Premialab
Premialab is the leading independent platform that collaborates with leading investment banks and institutional investors globally, providing data, analytics, and risk solutions for systematic, factor, and multi-asset strategies. With offices in Paris, London, New York, Hong Kong, and Sydney, the company has forged strong partnerships with the top 18 investment banks, asset managers, pension funds, and insurance companies globally.
About Longchamp
Founded in 2013, Longchamp AM built its investment management expertise around a long-term investment approach and a philosophy of alignment of interests with its investors. Its managers are personally invested in their funds and thus offer conviction-based portfolio management.
Longchamp AM is a unique investment management company. Through its history and its team, it is at the crossroads of investment management and capital market activities. It combines independence, agility, and an experienced team, with specialists from the world of asset management as well as financial engineering and investment banking.
Longchamp AM sets itself up both as a content creator but also as a financial engineering company which likes to develop solutions dedicated to solving specific, complex issues.
View original content:https://www.prnewswire.co.uk/news-releases/longchamp-selects-premialab-302011666.html
Fintech PR
CGTN: China’s booming ice and snow industry fuels its economic growth

BEIJING, Feb. 7, 2025 /PRNewswire/ — Harbin, capital of northeast China’s Heilongjiang Province, exemplifies the country’s thriving ice and snow economy.
During the eight-day 2025 Spring Festival holiday from January 28 to February 4, the city has seen booming snow tourism. As an ice-themed park known for its dazzling ice sculptures, Harbin Ice-Snow World attracted over 610,000 visits. In particular, more than 100,000 visits were made on February 1, setting a new record for single-day attendance.
The increasing popularity of the park is partly attributed to the city’s upcoming role as the host of the 9th Asian Winter Games, which will be held from February 7 to 14, marking China’s second major winter sports event following the Beijing 2022 Winter Olympics.
Chinese President Xi Jinping will attend the opening ceremony of the 9th Asian Winter Games and host a welcome banquet for foreign leaders in attendance.
Ice and snow economy enters ‘fast lane’
Xi has paid close attention to the development of China’s ice and snow sports and industries, urging efforts to consider ice and snow economy as a new growth point to promote the development of the whole industrial chain involving winter sports and culture, snow-and-ice equipment and tourism.
In recent years, as winter sports and tourism surged in popularity across China, the ice and snow economy has witnessed significant growth.
According to the General Administration of Sport of China, the number of people participating in various ice and snow sports such as skating, skiing, curling and ice hockey nationwide reached 57.35 million in the 2023-2024 snow season. Over 385 million winter leisure visits nationwide were recorded, marking a 38 percent increase from the previous year.
During the last snow season, Harbin alone welcomed over 87 million visitors, marking a 300 percent year-on-year increase and generating 124.8 billion yuan (about $17.4 billion) in tourism revenue – a staggering 500 percent growth.
Meanwhile, the ice and snow consumption is becoming an important growth point to expand domestic demand, transforming the “cold” resources into “hot” engine for economic development.
According to online shopping and tourism platforms, orders for ice and snow equipment surged, while searches and bookings for ice and snow tours saw rapid growth during the “Double 11” shopping festival last year.
On China’s leading e-commerce platform, Tmall, sales of categories such as down jackets, thermal wear and skiing equipment surged by over 200 percent year on year during the “Double 11” shopping festival.
Broad prospects
To harness its abundant ice and snow resources for economic development, China is intensifying efforts to expand its winter economy, encompassing sports, culture, equipment, and tourism.
According to the guidelines issued by the General Office of the State Council, the country aims to promote its ice and snow economy as a new growth point, with the goal of reaching an economic scale of 1.2 trillion yuan (about $169 billion) by 2027, and 1.5 trillion yuan by 2030.
To achieve these goals, various cities and regions are integrating winter sports and tourism into their development plans.
The Heilongjiang Province is promoting the establishment of a China-Shanghai Cooperation Organization winter sports demonstration zone, expediting the development of ice-and-snow equipment and digital industry parks.
In Beijing, the city has launched an action plan, proposing 24 specific measures in areas such as expanding the ice and snow sports and consumption, and advancing the construction of ice and snow venue facilities.
The vigorous growth of the ice and snow economy has also drawn global attention. A slew of measures, including optimizing the visa-free policy and opening new international flight routes, have attracted a number of foreign tourists to start their “China Travel” and enjoy the winter season in the country.
China’s thriving ice and snow economy has also injected new momentum into the global tourism market, Chinese Foreign Ministry spokesperson Guo Jiakun said on Thursday, extending a warm invitation to friends from around the world to participate in ice and snow events, fostering friendship and cooperation.
For more information, please click:
https://news.cgtn.com/news/2025-02-06/China-s-booming-ice-and-snow-industry-fuels-its-economic-growth–1ALQPnOkxO0/p.html
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-chinas-booming-ice-and-snow-industry-fuels-its-economic-growth-302371001.html
Fintech PR
SM Investments Recognized for Landmark Capital Market Deal

PASAY CITY, Philippines, Feb. 7, 2025 /PRNewswire/ — SM Investments Corporation (SM Investments), the parent company of the SM Group, has been awarded the “Philippine Capital Market Deal of the Year” by International Financing Review Asia (IFR Asia) for its successful issuance of a USD500 million five-year bond in 2024. This recognition underscores SM Investments’ leadership in the capital markets and the strong confidence of global investors in the company’s financial strength.
IFR Asia cited SM Investments’ return to the US dollar bond market after a decade-long absence as a significant development for the Philippine corporate sector. The transaction, which was the largest five-year deal by a Philippine corporate in 2024, reopened the market amid volatile conditions and achieved competitive pricing at 35 basis points.
“This landmark transaction represents a major milestone for both SM Investments and the Philippine capital markets. The strong demand from investors reflects confidence in Philippine corporate issuers and underscores SM’s reputation as a stable and well-managed investment option,” said Erwin G. Pato, Executive Vice President for Treasury, Finance, and Planning at SM Investments Corporation.
IFR Asia noted that SM Investments’ bond issuance attracted significant investor interest, given the relative scarcity of corporate issuances from the Philippines in recent years. The transaction also marked SM Investments’ first bond issuance since its USD350 million 10-year note in June 2014.
The deal was arranged by leading global financial institutions, with HSBC, JP Morgan, Standard Chartered, and UBS acting as joint lead managers and joint bookrunners. BDO Capital and Chinabank Capital also participated as joint lead managers.
International Financing Review Asia is a respected source of news and analysis on capital markets and investment banking, reinforcing the credibility of this recognition.
SM Investments’ achievement highlights its commitment to financial excellence and its role in strengthening investor confidence in the Philippine market.
About SM Investments Corporation
SM Investments Corporation is one of the leading Philippine companies that is invested in market-leading businesses in retail, banking, and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy.
SM’s retail operations are the country’s largest and most diversified, consisting of grocery stores, department stores and specialty retail stores. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels, and convention centers as well as tourism-related property developments. SM’s interests in banking are in BDO Unibank, Inc., the country’s largest bank, and China Banking Corporation, the fourth largest private domestic bank.
For more information, please visit www.sminvestments.com
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View original content:https://www.prnewswire.co.uk/news-releases/sm-investments-recognized-for-landmark-capital-market-deal-302370993.html
Fintech PR
BRI UMKM EXPO(RT) 2025 Officially Concludes, Attracting Over 63,000 Visitors and Securing USD 90.6 Million in Export Contracts

JAKARTA, Indonesia, Feb. 7, 2025 /PRNewswire/ — PT Bank Rakyat Indonesia (Persero) Tbk. (IDX: BBRI) successfully concluded BRI UMKM EXPO(RT) 2025, reinforcing its commitment to empowering MSMEs and expanding their global market reach. Held from January 30 to February 2, 2025, at ICE BSD City, the event attracted over 63,000 visitors, generated IDR 38.9 billion in transactions, and secured USD 90.6 million in export contracts through business matching. The closing ceremony was led by BRI President Director Sunarso.
A Platform for Global MSME Expansion
With the theme “Broadening MSME’s Global Outreach”, the event showcased 1,000 top Indonesian MSMEs ready for the international market. The closing ceremony was attended by BRI Vice President Director Catur Budi Harto. BRI President Director Sunarso highlighted the expo’s success in raising awareness of local MSME products, exceeding its initial target of 50,000 visitors.
By February 1, 2025, transactions hit IDR 38.9 billion, exceeding expectations. Sunarso reaffirmed BRI’s commitment to MSMEs, with business matching continuing through 2025 in partnership with the Ministry of Trade, holding twice-monthly sessions to boost exports.
This year’s BRI UMKM EXPO(RT) 2025 saw the participation of 506 registered buyers from 34 countries, significantly exceeding the initial target of 94 buyers from 33 countries.
So far, 166 MSMEs have engaged in 270 business meetings, one of the standout success stories is PT Siger Jaya Abadi, which secured a USD 13.05 million export deal with Bluestar Food Corporation, USA.
BRI UMKM Awards: Honoring Top MSMEs
BRI recognized outstanding businesses in three categories:
1. Top Deals on Business Matching
For MSMEs achieving the highest potential transactions in business matching sessions:
- Bintang Kita Kemuliaan (Food & Beverage)
- Albasi Karang Layung (Home Décor & Craft)
- Gula Aren Temon (Food & Beverage)
2. Newcomers on Business Matching
For first-time exporters who successfully secured international buyers:
- Rumah Atsiri Indonesia (Healthcare & Wellness)
- Minyak Sacha Inchi (Food & Beverage)
- Organic Center (Food & Beverage)
3. Best Expo
For MSMEs demonstrating outstanding export readiness and digital adoption:
- Sila Agri Inovasi (Food & Beverage)
- Pelita Lumpang Mas (Food & Beverage)
- Restu Mande (Food & Beverage)
These awards highlight BRI’s commitment to empowering MSMEs globally while advancing financial literacy and inclusion.
For more details on BRI UMKM EXPO(RT) 2025, visit briumkmexport.com.
For more information about BANK BRI, visit www.bri.co.id.
Photo – https://mma.prnewswire.com/media/2615107/BRI_BRI_UMKM_EXPO_2025.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bri-umkm-export-2025-officially-concludes-attracting-over-63-000-visitors-and-securing-usd-90-6-million-in-export-contracts-302370823.html
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