Investment Market: Axys and AfrAsia Rely on Product with Limited Risk and Attractive Returns

When the competition is in full swing in any economic sector, operators are always innovative way to cope. This is for Axys Capital Management, a company specializing in fund management, and AfrAsia Bank Ltd., a private bank, which made its debut in the Mauritius Financial Services, October 2, 2007.

After a study to identify the applications in terms of investment products, Axys Capital Management and AfrAsia Bank Ltd came to the conclusion that the product they introduce, should bring two advantages. First, the ability to attract customers, made in a chilly financial environment random, because it has a low level of risk. He must then present a very attractive return potential.

It is proposed that Axys Capital Management Ltd. and Bank AfrAsia through the ACM High Yield Fund, an investment fund incorporated in Mauritius and registered with the Financial Services Commission (FSC), regulator of Mauritius in the service sector other than financial banking and global affairs.

The prospective client, the ACM High Yield Fund, has two opportunities to invest his money in this fund. It can either opt to inject a lump sum (lump sum), a minimum of Rs 50,000, or to subscribe to an investment plan under which it agrees to pay a monthly minimum contribution Rs 3000.

To honor their commitments to their potential customers in terms of limited risk and attractive returns, Axys Capital Management Ltd. and Bank AfrAsia rely on the purchase of bonds from a very selective list of financing instruments such as treasury bills, bonds issued by the State through its Department of Finance, corporate bonds, which represent an alternative to financing activities.

The bonds are neither more nor less that marketable securities issued by borrowers more often, the State, the Central Bank, local governments or companies in an operation to raise cash in public. Brief borrowers who ultimately have the ability to repay and the principal and interest to the borrower.

All assets that explain the interest for bonds, one of the oldest investment products on the market for financial products.

Swadicq Nuthay, director of Axys Capital Management, a company specializing in fund management and partner AfrAsia Bank Ltd, is confident. "Our research network and our expertise in modeling investment allows us to consider a much more interesting performance than commonly generated in the market for financial products. "

Thierry Vallet, head of strategic development center and service private banking and Managing Director of AfrAsia Investment Ltd., said the launch of this product shows the willingness of the bank to position itself as a leading provider of banking services in and private wealth management.

(Photo: From left to right-Swadick Nuthay Director AXYS Capital Management, CEO James Benoit AfrAsia Bank Ltd and Executive Director Thierry Vallet - AfrAsia Private Banking & Head of Strategic Development Bank Ltd. AfrAsia).