New investment firm Altvest to list on Cape Town Stock Exchange

France Nouvelles Nouvelles

New investment firm Altvest to list on Cape Town Stock Exchange
France Dernières Nouvelles,France Actualités

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.”

 

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

iamkoshiek I know this guy.

France Dernières Nouvelles, France Actualités

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