Regulatory Disclosures

Regulatory Disclosures

The name “Dasym” refers to Dasym Holding B.V. and its worldwide affiliates and subsidiaries.

Dasym only carries on regulated activities in those countries it is authorized to do so.

Dasym Managed Accounts B.V. is authorized by the Netherlands Authority for the Financial Markets and the Dutch Central Bank to carry out investment services in the Netherlands and a number of other EU jurisdictions, subject to regulation in the Netherlands and the regions in which it operates. Dasym Public Markets is a trade name of Dasym Managed Accounts B.V.

Dasym Investment Strategies B.V. is registered as an exempt manager of alternative investment funds with the Netherlands Authority for the Financial Markets and the Dutch Central Bank.

Dasym SICAV is an undertaking for collective investments in transferable securities (UCITS) with multiple sub-funds incorporated under Luxembourg law and authorized by the Luxembourg Commission de Surveillance du Secteur Financier pursuant to Article 129 of the law 17 December 2010 relating to undertakings for collective investment. The distribution of Dasym SICAV outside Luxembourg is subject to local legislation of the country of distribution. Dasym SICAV is distributed by Dasym Managed Accounts B.V. If you are considering a transaction in Dasym SICAV, then carefully consider the funds’ investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the funds’ prospectus and the key investor information document, which may be obtained free of charge at the registered office of Dasym SICAV. Investors should read the prospectus and the key investor information document carefully before investing.

Remuneration Policy

The Rasile Group (after this: ‘Rasile’) has determined a controlled remuneration policy. This remuneration policy applies to persons who are employed by or otherwise in a relationship of authority or relationship to the entities of Rasile, including members of the board and managers.

The controlled remuneration policy is set up in such a way that:

  • The organization can perform in the best interest of clients.
  • It fits within the culture, the strategy and the risk and control environment of Rasile.
  • It does not pose a threat to the solid capital base of Rasile.

The key figures for the 2018 remuneration year are as follows:

  • The number of persons with a total annual remuneration (fixed and variable) of € 1 million or more for 2018 is 0 (2017: 0).
  • The number of people that will be rewarded variable over 2018 is 0 (2017: 9).

The controlled remuneration policy provides for measures for adjusting and reclaiming already awarded variable remuneration.

Top 5 execution venues

As investment firm, Dasym Managed Accounts is required to publish on an annual basis, for each class of financial instruments, the top five execution venues in terms of trading volumes where we have executed client orders in the preceding year and information on the quality of execution obtained. Such details are presented in the report, which can be downloaded below. This report covers the period from 1 January to 31 December 2018.

File name File type Date
2018 Top 5 execution venues PDF August 21, 2019

Rare earth materials are none of Tencent’s and Alibaba’s business

Alibaba and Tencent are not investing inraw materials. As far as Alibaba is concerned, the comparison ends with the 4,456 ‘raw earth metals’that can be found for shopping on Alibaba.com.

The implementation of 5G is important for the upgrade of Alibaba & Tencent’s services

5G is the next generation of ultra-fast wireless technology, offering faster data rates, reduced latency, energy savings, cost reductions, higher system capacity, and massive device connectivity. It is expected to power industrial applications such as smarty city infrastructure and the industrial internet, but can also impact consumer services. For example, 5G will enable Tencent’s gamers to seamlessly stream PC and console-quality games on their smartphones without sacrificing processing power or battery life. For Alibaba’s short-video platform Youku, a 5G connection would mean that users can send high-resolution 4K video within a few seconds.

In fear of dependency on Western hardware, Alibaba has set up a semiconductor division

Resembling the States’concern, both Ma’s have outspoken their fear of western depencency when it comes to core technologies:

Alibaba’s Ma:

If we do not master the core technologies, we will be building roofs on other people’s walls and planting vegetables in other people’s yards.

Tencent’s Ma:

[China]’s digital economy will be a high-rise built on sand and hard to sustain if we don’t continue to work hard on basic research and key knowledge, not to mention the transformation from old to new forms of drivers or high-quality development.

In reaction, Alibaba’s R&D arm DAMO (Academy for Discovery, Adventure, Momentum, and Outlook) has set up its own semiconductor manufacturing business and unveiled its chip in July 2019. The chip is designed to process AI tasks such as image, video and voice analysis and will be used for tasks such as autonomous driving, smart cities and smart logistics.