Tag: stock exchange & stock markets

Punishment of sinners the Decisions of policy in countries such as Spain and Greece should follow now but the supposedly detected economic needs, maintain the stability of the euro as the highest good. It is undisputed that Portugal, Spain, Greece and other countries will have to go Europe through hard times with high unemployment and painful structural adjustments and low growth. The question of whether the policy in such a situation is not only no longer emit, but save on the existence of the social systems is but not without controversy. Numerous international voices – including one recently by the IMF study published – keep contraindicated the exclusive fixation on a quick reduction of government deficits, as it represents the debt not just little Germany, absolutely. You cannot help the impression, that the claims of the ominous “troika” is no longer concerns recovery of economies, but punishment of sinners. The Grasshopper and the Ant the politics in Germany has chosen the parable of the Ant and grille to its Europe-political mission statement itself, without which the roles of the reality before the financial crisis would have been really.

So had about Spain prior to the crisis, which also started with a burst real estate bubble, not particularly high debt. The role of the German banks in establishing this bubble played by have, not to mention. What can cause this erzprotestantische and also constructed version of crime and punishment in the Club with the task of the primacy of politics, is just to visit Greece. There the nationalist fascist party has begun “Golden Dawn” in areas, which are the Greek State power due to lack of has withdrawn medium to take over order and social functions. Needy receive food for free and at the same time hunting on the (illegal) immigrants made as a culprit of the social plight is made – and classic -. The police look the other way and the policy reflected rising survey values of the fascists over clueless. The Primacy of policy may be an illusion, resolving international crises but also the fiscal economic drawing board. And a dangerous to do so. Andreas Kellner…

CSA participation Fund 5: ‘high sales growth for indirect participation’ Wurzburg, in June 2010: an increase in turnover of 76.5 percent compared to 2008 as well as the establishment of two new subsidiaries in Mexico this positive news announced the indirect participation of the CSA participation Fund 5 recently OTRS AG. The CSA participation Fund 5 participates since end 2009 OTRS AG and sees through its participation in the successful company in its plant concept confirmed. The open source software company OTRS AG of largest manufacturer and service provider for the world’s leading open source help desk system OTRS is a winner of the last year of the crisis according to the CSA participation Fund 5. The indirect participation of the CSA participation Fund 5 increased their sales compared with 2008 to 76.5 per cent now 3.27 million euros. In particular the high demand for support services and managed services by OTRS AG has grown throughout the year through very strongly according to CSA participation Fund 5. Alone in the fourth quarter of 2009 increased Revenue from support services compared to the previous quarter to 49,32 percent compared to the same quarter 4 / 2008 even an increase of 115 percent. According to the CSA participation Fund 5 the OTRS AG, not least due to the positive sales figures, has founded two new subsidiaries in Mexico: OTRS lab, S.A.

de C.V.. in the State of Jalisco as well as OTRS S.A. de C.V.. in Mexico City. The new OTRS development laboratory in Jalisco, the Mexican Sillicon Valley, will relieve the Munich development centre in the development of standard software, informed the CSA participation Fund 5.

One advantage: New versions of the help desk system OTRS and the IT service management solution OTRS: ITSM are immediately presented in significantly shorter development cycles and thus strengthen the company OTRS AG as the indirect participation of the CSA participation Fund 5. The second subsidiary, the new OTRS company in Mexico City, concentrated according to the CSA participation Fund 5 on the sales/service areas and is according to CSA participation Fund 5 contact person for potential customers and those interested specifically in the growth market of Spanish-speaking countries. The CSA participation Fund 5 sees his conditioning concept through indirect participation in the successful company OTRS AG confirmed. Indirect as well as direct investments in medium-sized enterprises with high growth potential are the focus of the CSA participation Fund 5. In addition, the Fund management of the CSA participation Fund 5 with each new participation on a broad diversification of capital in many individual investments respects to avoid larger losses in difficult market conditions. New investments, of the CSA participation Fund 5 Furthermore, always follow recommendations of investment partners, who have many years of experience in the market. About CSA Verwaltungs AG, the CSA Verwaltungs AG is a financial services company headquartered in Wurzburg. Investments offered by the CSA Verwaltungs AG is carried out only adding a detailed consultation and examination by competent law firms, accountants and Auditors. The CSA Verwaltungs AG in connection with the investment fund, focused on design, processing and sales.

Many investors ask themselves, “How I can separate myself from my closed-end funds?” Many investors ask themselves, “How I can separate myself from my closed-end funds?” The idea to sell the stake is obvious. But the disillusionment followed very quickly. It found no buyer or the purchase price offer is too low. As we know from numerous client meetings, many fund investors remember that the investment adviser had promised something completely different… But in addition to a sale or an ordinary termination, other paths can be open. May the provisions for claims for damages and establish a return settlement claims in substance. An experienced lawyer can determine whether claims for damages are and how high are the chances for a successful implementation.

The courts regularly demand compensation for damages that an investment advisor informed thoroughly, correctly and completely. The courts speak to injured investors, the above their investments were incorrectly advised, too, that them to recover their investment advisor or your bank their invested capital and interest losses. The investment products and any resulting are drawn benefits to return the investment advisor or the Bank. In substance, this corresponds to a reversal. Consulting error from years of everyday work we know that investment advice can be may be corrupted.

III demanded civil Senate of the Federal Court in its decision to the pqr. III ZR 249/09, that entrepreneurial investments with risk of loss that could lead even to a total loss, are adequate to attract an investment advice. If the investment adviser has unveiled an investment as secure attachment, although downside risks exist, that justify complaints. If a speculative corporate funds for the purpose of pensions was mediated, that is incorrect. Because an investor must rely on his age before so-called. The Federal Supreme Court has found in a recent decision, that an entrepreneurial Participation is not suitable as pensions. If in the course of a mediation and consulting a bank consultant it omits, internal commissions, to inform about so-called kick-back payments, then a guidance fault regularly. Because kick-back payments for a customer not readily apparent. If an investment advisor omitted to mention, that there are no regulated secondary market for closed-end funds, would be a sale difficult or possible with considerable losses, this justifies a charge. Our clients approach us if they feel deceived by their investment advisers. But each case is different. To prohibit lump-sum solutions. Sufferers should consult without delay individually, before claims become time-barred. Gladly we answer issues and assess opportunities to assert claims for damages. see You also: author and contact person: lawyer Ralf Renner – lawyer and a trained banker – specialty: Fund investments Tel: 030 / 810 030-22 E-mail: specialty of lawyer Ralf Renner are legal issues of closed-end Fund, where he has many years of experience. In these contexts, investors in a lawyer approach, if you want to check what rights and claims exist. Blanket statements prohibit themselves? In any case, an individual assessment is offered.

Drastic changes in the stock market due to new BFin directive 22 July 2013 as new credit agency advocating for transparency and seriousness on the Fund market with all its strength, welcomes the decision of the Bundestag for the AIFM directive through the KAGB (investment code) and the adaptation of many other legal provisions such as the Investment Act, the WpHG and the GewO SCOREDEX. by Johann Sternberg, project manager of Scoredex GmbH under the new rules, the management of all types of funds, also the closed, is subjected to a statutory audit. That since June 1 last year for closed-end funds valid investment law applies even for old cases continue. From July 22, new closed-end funds may are managed but only by capital management companies, which are controlled by the BFin. For the admission as external capital management company, which is the current model of closed-end funds, is an initial liquidity by at least 125,000 EUR prescribed. In addition, reserves in the amount of 25% of the previous year must be made during a closed-end Fund. Future capital management companies generally should have a liability insurance form or alternatively adequate reserves.

Assets that can be zugrechnet a Fund, to be guarded by a depositary. Normally, this is a custodian bank. But also external service providers, like accountants, tax advisors or lawyers come into question. Also the open funds and the so-called UCITS investment funds are affected by the new regulations. Still, the KAGB is different depending on the investors.

Special funds and special AIF can be offered only to institutional investors like banks, pension funds, corporations and family offices or investors who invest at least. EUR 200,000. Private investors can identify only public funds and public AIF. The closed-end investment funds must in future by a Investment stock corporation or investment partnership run. A GbR no longer comes into question.

‘Aircraft funds apply to new heights’, the trade magazine cash recently wrote to the situation on the market. Investment investments prevailed long ago with passenger and cargo aircraft in Germany, then provide an interesting alternative in the investment market. As a specialist in the area of cargo planes, DCM Deutsche capital management AG has positioned himself and currently offers participation in a Boeing 777F. It is the most economical transport aircraft that knows the world”, explains Michael Trentzsch as head of transport of DCM AG and an expert in the field of aircraft. DCM has deliberately set to this aircraft class, especially with the German air freight line AeroLogic, a joint venture of the companies of Deutsche Lufthansa and Deutsche Post DHL, a very prominent lessee could be won. To the financial magazine per Contra, Trentzsch explained his assessment of the current market for aircraft participation, but also to aviation in General in a lengthy interview recently. As the most important For the investors he leads the merchantability of the aircraft at Terminal rental or sale, as well as the cabin re configuration costs apportioned by a cargo plane investment criteria in addition to the credit of the first lessee. This, the demand will generally driven by a long-term strong growth of the air cargo industry for modern cargo aircraft.

He is supported in his assessment of general economic data, because as evidenced by the immediate end of year 2010 flies air cargo passenger traffic normally getting a piece ahead and recovering faster after possible crises. Cargo planes are therefore the ideal assets for investments”, so the DCM aircraft expert. Thus is largely off the funds of the House DCM the risk of default of lease receivables, but also the risk of the resale. In addition, the aircraft through a so-called operating-lease contract are rented. So are the costs increase risks of the operation and the machine utilization risk only when the Tenant. “The Boeing 777F is such as in the case of the DCM aircraft Fund 3 2019 in full-life condition” returned and can be sold in new quality without cabin adjustment measures most particularly in comparison to passenger jumbo.

SAMONIG AG offers ecologically-oriented alternative, Berlin the 28.02.2011. At first glance, you might think, real estate loans, and real estate funds, but something like this should be the same. Far from, although both forms of investment are State-controlled. An open real estate fund is a tradable free and mostly through banks form of real estate investment. The fast availability, with the exception of the great advantage of course the funds that are currently transitionally therefore closed, because they would fear to large capital outflow and then to sell real estate at dumping prices, facing the disadvantage that the Fund can never can be invested and therefore only difficult profitably apply a portion of the money to one hundred percent into assets.

In addition the investor don’t know usually where exactly he has actually invested in his Fund. The risk of possible capital loss not is so far anyway, because the underlying real estate are very conservative. In any case, is still No bankruptcy of an open-ended real estate funds in Germany has become known. The loan is in regard to the capital guarantee something riskier offers but on the other hand very much higher yields. While investors in open-end real estate funds in the fourth quarter of 2010 with an average performance over all, are free for private investors to purchase and are for at least a year on the market, from 0.45 per cent had to settle in the fourth quarter, the real estate debt the average are between 6.5 and 8.5 percent per year. The provider of open real estate funds are even glad to know a Valley ride of negative performances behind them. For the millions of savers, who have trusted this system, might this but really no consolation. What is it and why are the average expectations real estate bonds but significantly higher? Maybe it becomes clear when you realize that both forms of participation actually no link between maybe with the exception that they invest in real estate.

With the new Fund of the NPL investor GmbH & Co KG first given the opportunity is interested private investors, to invest their money in a very young, but still fast-growing market. You’re tired with all products comparable”to be? Want to can you offer their customers a truly unrivalled product? Well then you should continue reading now. For 20 years, we are in the distribution of investment products. Of course, not all of us have also works products sold to the customer. For many products, the time has shown that the required protection of the capital for the customer has simply lacked.

Some plant located in hindsight as too speculative and too many non-modifiable factors “depending on showed. Many products were and are but also honest products. We have been physical gold”sold, as many had not yet recognized this hype, as a result many of our customers have money of course also good. It should be also. Earlier this year we then caught up with the German society for Grundbesitz AG of Leipzig at the table. Included in our discussion we have diebewertung.de the Internet portal”, to get also expert advice from a third party. Us the product NPL “fascinated, due to the actual security for the applied capital of customer and revenue opportunities. We have not had even a such fair and good combination in the last 20 years in our product portfolio.

Then we have set together with our attorneys about a product design. One of the best and fairest products which you can currently draw on the capital market is come out from our point of view. The NPL name debt Verschreibung the F + F financial investments from Leipzig. Initial customer discussions have shown that our product is exactly what the customer is looking for. Transparent security with good yield. Are you looking for something for your customers? Then you talk to us about a distribution agreement. Admittedly, we don’t pay commissions utopian, because our product from the cost side is produced almost unmatched on the Market. Mr Hartung is pleased about your phone call or a visit to our homepage

Closed investments as inflation hedge Marburg (January 28, 2011) – first early indicators point to a rising medium-term inflation. For savers, but inflation represents a frontal attack on their assets. Closed-end funds can offer an appropriate solution. Inflationary concerns are no longer the business of the pessimists that more and more leading indicators in the medium term indicate an acceleration of the inflation rate. Around the world continue sustained low interest rate policy in the wake of the economic and financial crisis led to a literally flooding of the markets with liquidity.

In combination with the fast economic growth in emerging markets, this fact with a time lag generated a corresponding demand pull, which priced strong rise in particular primary products and raw materials. So, for example, the price of oil has doubled now since its intermediate low in the spring of 2009. According to Federal Statistical Office there was a rise in prices by 1.8% compared to the previous month in December alone. Wholesale prices 2010 increased an average of 5.9% in the Federal Republic. The increase in speed was as high as last in the wake of the second oil crisis in the early 1980s. The transmitted rolling of this imported inflation on the cost of living seems to be only a matter of time. Although speak some fundamental framework data such as industrial overcapacity and the price wage upward spiral still not in gear against a short blast of inflation could be the emerging development perpetuate in the medium term is, if central banks don’t adjust their interest rate policies. This however is given through interest rate increases not necessarily expected induced increase of the operation of debt against the background of the debt crisis economically still shaky economies and a, because now the ECB sees itself here in the dilemma between the fight against of emerging inflationary trends, fiscal stabilization and monetary support of the Economic growth started.