I want to be a giant of Hong Kong Island

Chapter 463 [Family Fund]

Wu Guangyao spent the entire month of June in New York;
After a month of investigation, Wu Guangyao finally confirmed one thing: after a year of plummeting in the U.S. stock market, he can enter the market!

At this time, basically every U.S. stock market has fallen by 1969% compared with the stock price in May of last year (5);

It can be said that there are already a lot of cheap stocks!
Of course, it does not mean that once Wu Guangyao buys, US stocks will rise;

As far as Wu Guangyao knows, the U.S. stock market will have three or four years of "stagflation" before it will start a 23-year bull market!
Although there has been "stagflation" for three or four years, Wu Guangyao himself is pursuing a long-term investment, and he doesn't care about stocks trading sideways for several years.

New York, Ritz-Carlton Hotel, Presidential Suite.

A group of Wu Guangyao's women, advisers, staff officers, and cronies gathered inside, all of whom were summoned by Wu Guangyao to gather together.

Wu Guangyao invested in U.S. stocks through a family office registered in Hong Kong Island, an offshore financial company Tiger Fund, and a Tiger Fund registered on Wall Street. Such a concealed investment method.

The legal person of the offshore financial company Tiger Fund is the American Robertson, and Wu Guangyao uses lawyers, accountants, and audits to ensure the safety of his funds;
As for the Tiger Fund registered in the United States, it is only a fund belonging to an offshore financial company, a fund that specializes in investing in US stocks.

Wu Guangyao said: "During this time, I have carefully studied the US economy and stocks, so I decided to carry out a long-term investment plan. The cost of this plan is the '10 billion US dollar plan'. I hope everyone will work together to ensure that This fund successfully bought US stocks!"

Everyone naturally said nothing, because Wu Guangyao urgently needs to find funds to invest in the project.

Robertson said: "The so-called long-term of BOSS is about how long. I don't expect the U.S. stock market to get out of the quagmire too quickly. After all, every stock market crash needs a recovery time of several years. Only after the bottom is firmly established will there be a rise. motivation."

Wu Guangyao asked curiously, "How long do you think the U.S. stock market will last this time?"

Robertson thought for a while, and said: "The U.S. stock market plummeted this time, to some extent due to external influences, such as the drag from the U.S.-Vietnam War; the U.S. economy is not actually a big problem, so I think it should be there in two years. The upward momentum certainly does not rule out a longer period.”

Wu Guangyao heard the words, but did not express his opinion, but asked other people.

Morse, the financial advisor, also expressed his opinion: "I think it will be three years! What is certain is that it is indeed more appropriate to enter the market now. Since BOSS said it is a long-term investment, and BOSS's family funds really need to find projects urgently , Now is a good time to invest in stocks.”

Morse is quite aware of his wealth, so that's why he said this!

Suez has been blocked for three full years, and the dividends it has brought to itself in these three years are 30 billion US dollars;
Investing in gold costs US$12 billion (still in the process of buying), China Everbright Bank deposits US$3 million, and dividends of US$5 million in the first half of this year have not yet arrived, so this investment in US stocks is US$10 billion.

After listening to everyone's opinions, Wu Guangyao said: "Everyone is my most trusted person. To tell you the truth, I plan to invest 10 billion US dollars this time. I plan to hold some promising company stocks in the United States for a long time, that is, value investment. And this fund is also the family fund of the Wu family, I need everyone to speak freely and give me some opinions to ensure that every descendant of the Wu family can receive a family 'salary' every month."

As soon as Wu Guangyao finished speaking, everyone straightened up and their faces became serious.

Especially a group of women, immediately felt the grand nature of the matter.

This is a very important thing. Many big families will have this kind of family fund, and this kind of family fund will also be the norm in future development.

At this time, the Wu family may rank among the top ten in the world in terms of family wealth, not to mention that the Wu family has just started.

Everyone quickly discussed whether the Wu family's family fund should be managed by an independent family office, or should be managed by a third-party investment-outsourcing chief investment officer model.

For family funds managed by independent family offices, investment, operation, and management costs are relatively high. In addition to providing investment, these independent family offices also provide financial services such as tax declaration, real estate purchase, and private jets for families.

Third-party investment—the mode of outsourcing the chief investment officer, in which professional investors jointly manage wealth for multiple families through a portfolio, also known as a multi-family fund.

Everyone expresses their own opinions. To sum up, both modes have advantages;

If third-party investment is adopted, Wu Guangyao will definitely only let Robertson handle this matter, so that he will not hand over the funds to those third-party investment institutions in the United States, although the fund company formed by the former chief investment officers of various university funds in the United States has a good reputation good.

When Wu Guangyao was caught in a choice, Lin Yueru said: "Just take both methods and forget it!"

"Yeah, why didn't I think of that! Good things come in pairs. Wouldn't it be better for everyone to receive two salaries!" Wu Guangyao slapped his thigh and said loudly.

In the end, Wu Guangyao decided to include the first US$10 billion in the family office, and then invest through Tiger Fund.

Although the family office does not directly participate in the investment, it is indeed an indirect investment, so there must be functional institutions as well as personnel; the most important thing is that the family office will provide services for all family members in the future, such as tax declaration, real estate purchase, private jet and other financial services.

"Morse, you have worked hard recently and helped me set up the family office; remember, as long as top talents are available, there is no restriction on nationality."

"Yes, BOSS!"

Wu Guangyao said to Robertson again: "Robertson, from now on, our relationship is that of partners, and you can have other investors. Of course, if my funds are investment projects led by me, you can't charge me commissions, you can only charge management fee."

After hearing this, Robertson said seriously: "The boss is a financial genius. If I can get your advice, I have already made money. Why do I still charge you a commission?"

What Robertson said was the truth. At this time, Robertson already had a certain reputation on Wall Street, even higher than Buffett at this time.

The source of these small fame is Wu Guangyao's guidance. Robertson broke into Wall Street with Wu Guangyao's 1968 million US dollars in 1. Wu Guangyao suggested a few stocks to buy; when to empty and withdraw funds, Wu Guangyao directly decided .

In the eyes of the bigwigs on Wall Street, these keen market behaviors are all from Robertson!
Wu Guangyao nodded, and said: "One yard is one yard, if it is the investment plan you decide, I choose to invest, and the commission will be settled as usual; also, you are now a little famous, you can try to form a new fund , to attract new investors.”

Robertson was overjoyed, this is what he dreamed of, and he planned to propose it in two years, but he did not expect that BOSS would propose it now.

Robertson said: "Thank you BOSS! But don't worry BOSS, I will be optimistic about your wealth!"

Wu Guangyao said: "Let me give you a name for the fund, it's called the 'Jaguar' Fund, I will invest another 200 million US dollars in you, and the commission will be settled normally."

　Calvin Calvin, there are some outlines, but the timeline is wrong!
　　I have written for 8 hours today
　　
　
(End of this chapter)