Onshore Rather Than Offshore
Europe rather than the Caribbean
The respective Funds offered via the Platform are transparent in terms of taxation and are subject to the German Investment Act.
"It comes as no surprise that the German market is a suitable location factor for alternative investments. The impact of the financial crisis has increased institutional customers' need for transparent, local solutions to the provision of security and the highest possible level of liquidity.”
Yasin Sebastian Qureshi, Managing Director & Founder
Varengold Investment AG eliminates the operational risks with which alternative investments are frequently associated:
- Segregation of assets – no transfer of money to Asset Managers
- Assets are held exclusively with prestigious financial institutions
- Evaluation performed by independent parties
The Varengold Manager Platform: a structure under German law
Varengold Manager Platform -v- Offshore Asset Manager
Varengold Manager-Platform | Offshore Asset Manager | |
|---|---|---|
LIQUIDITY | Daily | Generally monthly, quarterly lock-up agreement; |
TRANSPARENCY | Complete transparency right down to the level of the individual transaction Daily NAV Detailed reporting Tax transparency in accordance with the German Investment Tax Act (InvStG) | Lack of transparency for individual transactions Generally monthly NAV Transparency generally in accordance with the German Investment Tax Act (InvStG) |
RISK MANAGEMENT | Independent risk management provided by Varengold Portfolios checked daily Investment guidelines monitored daily Early detection of “style drifts” and “trading errors” | Risk management is provided directly by the Administrator Conflicts of interest between risk and return Very difficult to detect “style drifts” |
SECURITY | German legal certainty Segregation of assets – no transfer of money to Asset Managers Unrestricted intervention by Varengold possible | Legal uncertainty of offshore domiciles At present, money is transferred directly to Asset Managers |