Forecast objectives partially significantly exceeded the publity performance Fund, as in the previous years, in 2012 superbly developed. (Similarly see: Jim Simons). The prospected objectives were met in all, partly even significantly exceeded. So the first public fund invested “task force NPL funds no. 1” until the beginning of the year 2011 5.8 million in three NPL portfolios. The revenues of part of are currently 213% of the acquired shareholders ‘ equity after a processing time of between 17 and 28 months. Prescheduled made distributions amounting to 50% of the paid-up Kommanditkapitals, a further dividend again 50% was early December 2012.
“With the recent performance of our funds we can be very satisfied”, says Thomas Olek, CEO of publity AG. “Our No. 1 fund investors received back completely their paid-up capital at present. For more specific information, check out Adam Neumann. Currently we can even assume that the duration of the publity Fund is a no. 1 before end of 2013 ends and investors get higher yield than forecast in the prospectus”, so Thomas Olek next. The investors of the publity performance could appreciate a premature Christmas Gift Fund No. 2. Instead of the distribution in the amount of 10% of the investment announced in the prospectus, investors already received a double dividend by 20%.
Between April 2011 and August 2012, the publity Fund No. 2 in total has acquired 12 loan portfolios to a total purchase price of EUR 22 million. Since the beginning of the turnaround in the third quarter 2011 total revenues made amounting to EUR 12.3 million, which to date is a reflux ratio of 61%. Fund No. 3 was closed in August 2012 with acquired equity in the amount of EUR 22 million in advance the publity performance. Until the 20.11.2012 was paid, how the early artist bonus prospects, investors. Until the end of the year 2012 is, despite the previously short processing time, collecting revenues of EUR 2 million to be expected.
locks? Our two-stage has the manager due diligence process successfully passed and therefore we have decided last year that the two strategies BI and egg to offer our customers. There are a few managers who have managed in recent years to cope with the various vagaries of markets so successfully. We offer an attractive advantage to domestic investors: get access to the most attractive managers and have an experienced German asset manager as a contact. Portfolio concept is a regulated financial institution, and is thus subject to the strict guidelines of the German Federal financial supervisory authority (BFin). In addition, Bluenose, a registered commodity trading Advisor (CTA) is subject to the American regulators CFTC and NFA.
All CTAs are regularly assessed. A performance audit implies the need which the published performance with the actually achieved yields compares. The strategy of Bluenose is traded as a managed account. Thus, the customer and we get full transparency for each trade and all costs. Portfolio concept monitors the performance of customer deposits. As an additional control, in addition to the existing risk management by Bluenose, is guaranteed.
What kind of process of due diligence, the BNC have undergone? Titus C. locks? Our due diligence process consists of a quantitative and qualitative test. The Manager after we have analyzed the returns of the strategies on the basis of the corresponding risk metrics, we will send our specially developed questionnaire. On the basis of the returns, we match the plausibility of the answers. In personal interviews or telephone conferences, we try the strategy further to understand and consider mainly whether the Manager has the risk systematically in the grip or if he accidentally managed to avoid losses. Also, we study the disclosure document of the Manager, which provides interesting insights. Also, we consider that Past the Manager, which is well documented thanks to the American regulatory authorities.