New investment firm Altvest to list on Cape Town Stock Exchange

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Altvest will buy pricey assets such as art and luxury properties and sell fractional ownership of these.

Altvest, a private equity firm that will allow retail investors to invest as little as R100 in private game farms, wine estates and high-end art, will list on the Cape Town Stock Exchange in May.

The new company is aimed at democratising investment in luxury-asset classes, usually reserved for the wealthy, in a “fully regulated environment”. “The only way you can expect anyone to reasonably care about the economy is if they own a piece of it. Democratising private capital is more than the epitome of financial engineering, it’s real-world economic reform.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bruceps plse tell me how it is going to make money while investing in game and wine farms

iamkoshiek I know this guy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: New Texts Shed Light on Elon Musk’s 2018 Spat With Saudi FundElon Musk’s short-lived effort to take Tesla Inc private after his infamous “funding secured” tweet in August 2018 has loomed over the billionaire’s reputation – and his quest to buy Twitter Inc. Trash journalism
Source: dailymaverick - 🏆 3. / 84 Read more »