Buidling and coding the go-to -based asset management protocol is fun, but without an ecosystem of partners, fund managers and asset managers, the network’s value will be zero and it will always remain so. As we are working on many more agreements, we are glad to announce our very first partnership with Mindful Wealth, a wealth management firm which provides investments from the basic stocks and bonds to more sophisticated and alternative investment solutions.
About Mindful Wealth
, part of Mindful Group, was founded in the mid-1990. The Swiss-led boutique fund and wealth management firm which operates worldwide with offices in 7 countries (including Singapore) is best known for its flag fund, Avenida CLO equity, which has won the 2018 award for Fund Manager (Global Reach).
But what are CLOs?
The Avenida CLO equity fund, is a portfolio of Collateralized loan obligations (CLOs) which is an innovative and unique solution for investors who are looking to diversify their portfolio. The fund aims to produce stable and attractive returns, in comparison to equity and high yield markets, by investing in a portfolio of US CLOs collateralized by a broadly diversified portfolio of primarily senior secured loans. The fund invests in CLO equity, CLO lower-rated tranches (generally BB) and CLO warehouses with a portfolio consisting of only US CLOs denominated in USD. The fund started in March 2016 and since then has performed better than many other funds of traditional asset classes.
The firm offers highly specialized advisors solely dedicated to financial consulting, as well as asset and fund managers for private (accredited) and institutional investors.
Mindful Wealth’s team is in constant research for innovative frameworks within which to invest and what strictly has impressed the DEXTF team is the devolvement of 5% of their net profit to their very own NGO — Mindful Smiles, which supports underprivileged kids in numerous underdeveloped regions globally. This model is a total fit with our solution where the network and the individuals (investors) should be the main beneficiaries over the myriad of go-between operators that are featured in fund management operations.
The firm is regulated in Singapore by the MAS and it has since 2010 obtained the Capital Market Services license to conduct regulated fund management activities in Singapore.
About DEXTF
To DEXTF, the general criteria for a partnership, is to not only generate traffic for the network (presently or in the future), but it also has to make financial sense for more institutions and investors to join as the industry grows and inaugurates a bloody battle between ecosystems. We believe that institutional investors will drive the space to a point of stability within which mass can be realized. According to Fidelity, 72 percent of the institutional investors being surveyed said that they prefer to buy investment products that hold digital assets, while 57 percent choose to buy them directly. While we understand the need to penetrate the market with established names, yet we think it is strictly necessary to ready ourselves to embrace the moment when those in the 57 percent will become the great majority.
About DEXTF Protocol
DEXTF’s on-chain asset management protocol will allow the creation, management and of digital-native funds units, connecting investors, arbitrageurs and portfolio managers in a way that has never been done before. Working to bring the biggest crypto investment funds on DEXTF protocol and to eliminate the need of a third party custody service.
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Published at Sun, 12 May 2019 16:23:13 +0000