Eurobank Asset Management MFMC (Eurobank Asset Management), a 100% owned subsidiary of Eurobank S.A., has acquired a minority stake in Mintus Global Limited (Mintus). Eurobank has acquired a minority stake in Mintus Global Limited (Mintus) through this acquisition. By making this investment, the parties will be able to collaborate in the area of alternative investment asset categories in the future.
Mintus Trading Limited, the FCA-regulated subsidiary of Eurobank, will operate a cutting edge fractionalized alternative asset platform operated by its FCA-regulated subsidiary, Mintus Trading Limited, where Eurobank's expertise in alternative assets will be combined with Mintus' high-tech solutions, allowing Mintus to offer a diversified set of alternative assets to its clients.
According to Theofanis Mylonas, CEO of Eurobank Asset Management MFMC, "Our investment in Mintus underscores Eurobank Asset Management's commitment to harnessing breakthrough technology to benefit our clients." It is Eurobank Asset Management's history of seeking innovative ways to add value to its stakeholders that is a key element of this move. The resulting forward-looking approach to asset management will strengthen our position at the forefront of the global financial landscape."
"Joining forces with Eurobank Asset Management MFMC solidifies our vision of transforming the future of investing by significantly enhancing access to alternative assets," stated Tamer Ozmen, Mintus' Founder and CEO. In order for the people of our country to be more independent financially and prosperous in society, it is essential that we provide them with greater investment opportunities.
The move comes at a time when alternative assets have become more popular among investors because of the fact that they offer returns uncorrelated with both the stock and bond markets, as well as potential returns uncorrelated with the stock market. According to Prequin, there will be $24 billion worth of alternative assets under management by the end of the year.It is estimated that there will be an increase of $15 trillion by 2028[1].In 2021, there will be 7. A recent EY study found that the percentage of alternative allocations within portfolios increases with net worth, ranging from 14% for mass affluent individuals to 81% for ultra-high-net-worth individuals.
A recent EY study found that the percentage of alternative allocations within portfolios increases with net worth, ranging from 14% for mass affluent individuals to 81% for ultra-high-net-worth individuals.
Investing in Mintus by Eurobank Asset Management is a sign that the art market is evolving, as well as a testament to the growing acceptance of shared ownership of art. Brett Gorvy, Chief Curator of Investment Mintus and Chairman of the Investment Mintus Art Committee, said. Both investors and artists will benefit in the future from a more inclusive and democratised art market.
The following is a brief description of Mintus:
Providing access to alternative asset classes that are otherwise inaccessible for family offices, ultra-high net worth individuals (UHNWs), institutions and qualified mass affluent investors. Through an increased allocation to alternative assets on the Mintus platform, the investor can improve portfolio diversification and risk adjusted returns in a highly challenging geopolitical and economic environment..  An advanced platform harnesses cutting-edge technology to facilitate efficient scaling as well as to provide a best-in-class investor experience when it comes to digital assets.  We apply AI capabilities to the selection of assets across a wide range of asset classes. With Mintus' PE grade investment committee, as well as its asset selection and exit process, Mintus operates in a regulated environment that provides transparency and builds trust
With Mintus' PE grade investment committee, as well as its asset selection and exit process, Mintus operates in a regulated environment that provides transparency and builds trust
The bottom of the form contains the following information:
Editors, please take note of the following:
Mintus requires independent verification and valuation of the art it selects for shared ownership. The art is housed in a secure, specialized facility and is monitored by a specialized team. Eligible investors are presented with a minimum investment threshold of $3,000, which includes certified high net worth investors, self-certified sophisticated investors and accredited investors. The certification process is integrated into the registration process.
To enable investors to exit the investment, Mintus will actively manage the art investments until they are eventually sold in order to enable them to exit the investment. 
The following key risks are identified in detail in the investment documents provided to all qualified investors who successfully complete the sign-up process with Mintus. Investors are advised to pay particular attention to the following key risks:
The second benefit is liquidity. Shares held by investors are not traded on a recognised exchange, so they are long-term investments. Mintus plans to operate a bulletin board for investors in the future.
It is important to keep in mind that all investments in shares involve a high degree of risk and compensation is not available in the event of a loss.
Lack of Diversification. As discussed earlier, the shares held by investors represent interests in a specific, pre-identified artwork, and past performance of the art market, an artist's work, or an artwork in general cannot be relied upon as an indicator of its future performance.
Under the Financial Conduct Authority's firm reference number 942522, Mintus Trading Limited is authorised and regulated by the Financial Conduct Authority to (i) arrange (bring about) deals in certain shares, securities and debentures, (ii) make arrangements in order to facilitate the trading of specific shares, securities and debentures, (iii) arrange safeguarding and administration of certain shares, securities and debentures, (iv) manage an unauthorised Alternative Investment Fund, and (v) agree to carry on regulated activities.. Please refer to the Financial Services Register for more information regarding our regulatory permissions
Please refer to the Financial Services Register for more information regarding our regulatory permissions
The Future of Alternatives by Preqin: https://www.preqin.com/insights/research/reports/future-of-alternatives-2028/#1
[2] The EY Global Wealth Research Report for 2021
Tim Naylor, Lansons' Account Manager, can be reached at +44 (0) 7983 612919 or via email. 
The source of this information is Mintus
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