Atlantic Global Asset Management (AGAM) is a service that uses effective risk management, applying data analysis and modeling for quantitative investments, selecting undervalued stocks on the market at the time of purchase that have the potential for short-term valuation.
The service declares that it brings profit to its investors by combining the unique capabilities of specialist knowledge, resources and active management. It is believed that the return on investment in this project is high. According to the website, the company's specialists have developed processes and skills that are well suited to provide quality services through a high-tech Internet platform, while maintaining high growth rates and effective risk management.
AGAM provides investors with asset management strategies for capital preservation, revenue generation and diversification. Using modern payment solutions, the site allegedly offers substantial payments weekly. But is it really so? What are the real reviews about Atlantic Global Management?
Company management
AGAM service was founded in 2016. It is owned by Questra Holdings. Antonino Vieira Robalo is the president of Atlantic Global Asset Management, and Andrei Abakumov is the CEO and head of this investment fund.
AGAM is an investment fund that has its roots in the financial holding company SFG Group, which has been operating since 2009. If you try to find somewhere information about the SFG group, then this turns out to be impossible. No data available.
The actual people who are involved in this project are Alexander Prochukhan (Vinnitsa, Ukraine) and Cheslav Pestyuk (Minsk, Belarus). Experienced users and specialists confidently say that this project is fraudulent. The above persons have extensive experience in creating various services, which ultimately turned out to be a hoax. So, before the creation of Atlantic Global Management (“Atlantic Global”, “AGAM”) there were similar ones. Each of them promised a big profit, but the project simply closed without paying.
What is the main deception?
Why are reviews of Atlantic Global Management negative? First of all, this is due to an obvious lie on the part of the service administration. The creators of the site are trying to make you think that they have headquarters in Spain. In fact, Questra Holdings is registered in the British Virgin Islands. The AGAM Investment Fund and Share Capital is registered in the Republic of Cape Verde, which is located in the central part of the Atlantic Ocean. This company uses offshore companies and the same bank to hide the actual location and identity of the owners.
What kind of investments do they offer?
Secondly, the authors of the project claim that their income comes from four areas simultaneously. The reviews of Atlantic Global Asset Management suggest that this is not true. Let's consider company policy in more detail:
- Placement of foreign securities. Everything seems clear and transparent here, so you can not stop at this point.
- Refinancing companies that have lost capital for any reason. Real reviews of Atlantic Global Asset Management report a completely different story. In fact, analysts A.G.A. they search for companies in the market that function well, but do not have the required amount of money for their further promotion and growth. Specialists report that they analyze the economic situation and are looking for new sources of financing. This procedure is the main form of income for investment banks and funds around the world.
- Financial factoring. Having a trade agreement for the delivery of a real physical product, and taking a pledge on shipping documents, AGAM gives stock guarantees, acting as a third party, receiving commission payments. In this case, the fund is a financial intermediary that makes good profit without risk, because without documents the goods will not be put into circulation. The money will remain in the accounts of the fund.
- Organization and conduct of IPO. Atlantic Global Asset Management Investment Fund buys stocks of the company before they come to IPO, and also invest in the purchase of promising companies. In reality, after such operations, they will create and issue their own shares in the IPO. The company makes money on the difference between the share price, which is paid before the IPO, and the value that is set at the time of the start of trading.
What else looks doubtful?
According to reviews of Atlantic Global Management, the company provides very little information about who they are investing in. Employees do not offer you comprehensive information to see what you invest and what risks you take. The management fee is unbelievable for amounts not exceeding EUR 1870: 21-39%.
All investment amounts below 340 thousand rubles. (5000 euros) are paid through one of the payment processors of the company. If the cost is more than 5000 EUR, payments are made by bank transfer.
Experts with extensive experience are advised to think twice before investing in a bond fund with a ratio of expenses approaching 1 percent, or in a simple fund that charges more than 1.5 percent.
According to representatives of Atlantic Global Management, the company provides a constant 5-7 percent weekly profit for many weeks. How real is it?
Warning points
Since the opinions of people about Atlantic Global Asset Management are various, including positive, it would be useful to conduct a detailed analysis of all factors. So, experts warn that a large risk of fraud may come from companies promising the absence of risk at the same time with high constant income. This should be considered in more detail.
High profitability with little or no risk
Each investment carries a certain degree of risk, and deposits that give a higher return are usually associated with a greater one. Therefore, one should be very suspicious of any “guaranteed” investment opportunity.
Profit too constant
Investments tend to grow over time. Be skeptical of offers that regularly generate positive returns, regardless of general market conditions.
Secret and complex strategies
Avoid investments if you do not understand them or cannot obtain complete information about them. In this case, everything is exactly so. Reviews of the Atlantic Global Management account are clearly made clear that the site does not provide any objective information.
International fame
The Financial Services and Markets Authority (known as FSMA) officially warns the public about the dubious activities of Questra Holdings, which offers investments in various countries without complying with the financial laws of these countries. Thus, negative reviews about Atlantic Global Management have been widespread.
Moreover, the system offered by Questra Holdings at Atlantic Global Management has all the signs of a financial pyramid scheme or fraud. Thus, FSMA recommends not responding to the offer of any investments offered by this company, as well as to the transfer of money to any account number indicated by this service.
It is worth noting that the United Kingdom, Austria and the Czech Republic issued their own warnings about the actions of this project. Since the company was not able to gain its location in European countries, the project began actively promoting customized reviews in Russia about Atlantic Global Asset Management (in Krasnoyarsk and other large cities).
Who are listed as partners?
The company "A.G.A.M" on its official website publishes lists of companies that it calls its partners. In fact, these are just ways to transfer money to them, not their allies. So, they include:
- Perfect Money is a financial services service that allows users to make payments and money transfers throughout the Internet, providing unique opportunities. This site has millions of customers around the world, from almost all countries.
- OKPAY - is a company operating since 2007, which is actively expanding. It is also a finance service. It gives users the ability to make money transfers and payments all over the Internet, in all countries.
- Bitcoin - this system is a digital asset and financial service. It is peer-to-peer, in it all operations are carried out directly between users, without the participation of an intermediary.
- Worldpay is a payment processing company. Listed on the London Stock Exchange and is part of the FTSE 100 Index.
- AdvCash is a payment functionality that allows you to receive money, manage affiliate and payment solutions for your online business, buy using virtual and plastic cards, and easily send money worldwide to virtually anyone.
It is worth noting that this is a very sad project attempt to try to gain legitimacy, undertaken by Atlantic Global Asset Management. What is this in practice - you can see the reviews of specialists. According to them, AGAM operates through MLM fraud. This is a financial pyramid in its purest form.
Cost of services
You pay a commission based on the amount of money you invest. So, to manage portfolios in stock markets and securities transactions, the amount of remuneration is calculated as a percentage of the positive value of the investment portfolio management indicator, which should be communicated to the investor by the end of each week.
For portfolio management using other tools (“investment management fees for other markets”), this amount is 10% of the positive value. At the same time, profits are guaranteed to be very large, according to reviews about Atlantic Global Asset Management.
The cost of administrative services is 2.5% of the amount of investments per year. Administration fees are charged and paid weekly for the calendar year. If additional investment amounts are made, a proportional fee will be charged at the time of deposit or at the next weekly invoice.
Finally
Atlantic Global Asset Management is a classic financial pyramid that uses initially attractive conditions. All actions of the company's specialists are aimed solely at getting your money.