Letter from CEO
Allow me to introduce myself, I am Chandru Mahtani the CEO and Head Investment Director of Inner Circle.
There are seven questions you need answered before you invest with anyone. Please read it because it will give you the criteria to evaluate any fund offering that you receive from others or from us.
How Long Have You Been Doing This?
I have been investing our family assets for 44 years. There is a saying if you work and study for 10,000 hours you become an expert. I have been doing this in depth for more than 99,000 hours. I have seen markets rise and fall and everything in between and these years of experience and success I bring to the fund. A steady hand and a knowing mind. Our family started in business in 1893 and I am the third generation and my son, Amir Krishna, is the fourth generation of the family who will be continuing. We have been a successful family, honourable, respected and known for our fiscal prudence.
How Successful Has Your Investment Formula Been?
In banking terms my personal asset size puts me at the pinnacle of what is defined as an ultrahigh net worth individual, because of the money I have made through my investments. This is the highest rating in the banking lexicon. There is a question that must be asked; if a man has not been able to make himself rich, how can he make someone else?
How Much Will You Be Charging Me?
The fund is now closed for subscription.
Why Do I Need A Fund Manager?
You need a fund manager for two reasons:
When markets are going up you need a steady hand to make sure that your investments are diversified so that when there is a significant rise in the portfolio the growth is rebalanced to the original asset allocation. 90% of portfolio growth comes from the asset allocation and less seasoned investors or self-guided investors tend to pursue the momentum of the market and when that turns, what has happened is they have bought high and they are forced to sell low. By rebalancing the assets to the formula, you are selling high and buying low so that you get the added impetus. Probably the primary cause of portfolio damage by investment fund managers as well as individual investors is chasing after impetus because when it turns not only are the profits lost but often insurmountable losses arise. The other reason why you need a good fund manager is that all markets have oscillations and when they fall it is the ideal time to invest more or at the very least sit tight because markets have since 1820 always recovered but the investor who sells out when the market is down cements his losses and when the turnaround comes not only does he not partake of it, his portfolio has already shrunk because he has sold at a loss. The study and care that has gone into the asset allocation in building it, maintaining it and ensuring that there is no variation from it except to take advantage where a golden opportunity arises explains a saying on Wall Street that an individual investor loses 95% of the time in the market and of the remaining 5% he comes ahead 1%, and does not tell the truth 4% of the time.
Investing is a science as well as an art. No one would undertake to fly an aeroplane without serious study and training. Yet many people feel they are qualified to handle their own investments on an ad hoc basis and then are surprised when their returns are very poor indeed. We are there to guide you and to reassure you so that fear does not blind one to the opportunity.
Why Did We Set Up a Fund?
I have been historically asked by friends, families and other investors to guide them not only preserve their assets but to grow them. In the past I have given advice, which has proven fruitful and provided very good returns. Due to requests by a significant number of people I decided to set up this fund, which is now closed for subscription, in which persons of my choice could enter, hence the name Inner Circle. This allowed us to ensure that the present investment style of many friends and associates, which has caused them great financial grief as large investments in real estate and in speculative products, without being aware of the downside and the risk involved, was reversed by giving them a comprehensive and scientifically based investment strategy which makes them money rather than leaving them in the hands of bankers, who may not give advice that is necessarily beneficial for the client but profitable for themselves.
Our philosophy is based on the power of compounding, rolling of the dividend, and wise investment. Please look at the performance to see how the portfolio has performed.
Can you imagine how you would feel 10 years from now if you don’t take advantage of this? It is the difference between knowing that you have wisely deployed your money as opposed to sporadic investments which if you look back to your last 10 years and compared to what we have achieved in the fund in the last 10 years, which one is better?
How Much Do I Have Invested?
97% of my assets are invested in the same way. The same rules of no entry fee, no exit fee and no lock-up applies because this is the way my own investment portfolio works. No man is more careful than when he is dealing with his own money.There is absolutely no leverage, no loans and a time tested and true philosophy of investment because the financial health of my family and yours, is paramount to me.
How Good Are You?
Our cautious approach and wide difersification, makes us the standout winner.
Warm regards,
Chandru Mahtani
Aaron Payas
Aaron is a Partner at Hassans International Law Firm in Gibraltar specializing in Funds and FinTech law. Aaron has a background in Mathematics and is a Chartered Financial Analyst (CFA) charterholder. His work at Hassans is focused around funds, distributed ledger technology (DLT), initial coin offerings (ICOs), security token offerings (STOs), tokenization of assets, and cryptocurrencies. He also advises the Government of Gibraltar and the Gibraltar Financial Services Commission on matters relating to funds and DLT. Aaron is ranked by Legal 500 as a “Leading Individual” and “Recommended Lawyer”.
Chandru Mahtani
Chandru studied at University Wilfrid Laurier in Canada and graduated with a Bachelor of Arts. He has managed family assets for over 35 years and has developed a strong understanding of economics and investment markets to have the necessary insight and expertise of a global asset manager to deliver the best results with sustainable investments. He has worked primarily with debt instruments, shares and mutual funds and has a thorough understanding of asset allocation policies.
Charles Gomez
Charles Gomez is a former banker with over 30 years of experience in the finance industry. He has worked for several major financial institutions and brings to the Company a wealth of experience in regard to international financial markets and corporate governance.
Charles is a Director of FORM-A-CO (GIBRALTAR) LIMITED, a financial services company based in Gibraltar.
Charles is also a Director of Aitken Spence Plc and Aitken Spence Hotel Holdings Plc having served on their Boards for over 10 years. He also serves on their Audit and Related Transactions Committees.
Jonathan Stagnetto
Jonathan Stagnetto is a Commissioner for Oaths and the Managing Director and founder of FORM-A-CO (GIBRALTAR) LIMITED, one of Gibraltar’s leading firms in the field of Company Formations and Trust Administration services, established in 1989.
Jonathan retains oversight and executive responsibility for all compliance and regulatory led initiatives for the firm, with an experience and skill set honed to providing a personalised, confidential service in:
Gibraltar Company Formation and Company Secretarial/Registered Office services
Yacht Registration services
Bespoke Compliance Services
Trust Administration
In-house client Wealth Management services
Guidance to applicants seeking fiscal residency in Gibraltar
Gibraltar small business start-up advice
The incorporation of Gibraltar Experienced Investor Funds and serving on the Board of such Funds as a regulated EIF Director.
Moe Cohen
Moe Cohen, a Chartered Accountant and founder and CEO of RSM Gibraltar.
Moe graduated from Manchester University where he received a BA (Hons) in Accounting and Finance. Moe trained in the Manchester office of BDO where he gained valuable audit experience.
Moe was a lead financial services partner in Deloitte Gibraltar for four years.
At RSM Moe is the CEO and is audit partner for a wide range of clients including insurance companies, hedge funds, banks, construction, on-line gaming, real estate, crypto and a number of large private clients.
Moe is a Fellow of the Institute of Chartered Accountants in England and Wales, (“ICAEW”) as well as being its Gibraltar representative, an Executive of the Gibraltar Funds and Investments Association ("GFIA") and the Gibraltar Society of Accountants ("GSA") including being the chairman of the GSA Insolvency Faculty.
Moe is approved by the GFSC to act as a Statutory Auditor and licensed Insolvency Practitioner. He is also a director of financial services limited entities and as an Experienced Investor Fund (“EIF”) director under the Financial Services (Investment and Fiduciary Services) Act.
Moe's work has also included advising on tax policy and fund legislation. Moe was recently appointed a Justice of the Peace.
Amir Mahtani
Date of Birth: 10.03.1987
Education
2005 – 2008 University of Bristol – Accounting and Management
2008 – 2009 Les Roches - Masters in Hospitality Management
Work Experience
2010 – 2014 Camel Campus Youth Hostel UAE 2nd largest in the world with 790 beds. Proprietor and General Manager.
2015 – 2018 Espana Restaurant and Bar – Proprietor and General Manager. Won best restaurant of Dubai and Feran Adria most decorated chef in the world gave the restaurant the prize, and team was flown over to Barcelona by Estrella Damm to receive the prize.
2018 to present Have been working in finance with my father, Chandru Mahtani, running and supervising our family investments which are ultra high net worth. I have been involved in supervisory control of our family assets since 2010. Now it is my full time dedication.
© 2012 Inner Circle