Atlantic Global Asset Management (A. G. A. M.) is a service that uses effective risk management by applying data analysis and modeling to quantitative investments, selecting undervalued stocks in the market at the time of purchase that have the potential for short-term valuation.
The service claims to bring value 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.
A. G. A. M. provides investors with strategies to manage assets for capital preservation, income generation and diversification. Using modern paymentsolutions, the site allegedly offers substantial payouts on a weekly basis. But is it really so? What are the real reviews about Atlantic Global Management?
Company Management
A. G. A. M. was founded in 2016. It is owned by Questra Holdings. Antonino Vieira Robalo is the President of Atlantic Global Asset Management and Andrey Abakumov is the CEO and CEO of the investment fund.
A. G. A. M. is an investment fund that has roots in the financial holding SFG Group, which has been operating since 2009. If you try to find information about the SFG group anywhere, it turns out to be impossible. No data available.
The actual people involved in this project are Alexander Prochukhan (Vinnitsa, Ukraine) and Cheslav Pestiuk (Minsk, Belarus). Experienced users and experts confidently say that this project is fraudulent. The above persons have a lot of experience in creating various services, which eventually turned out to be a scam. So, before the creation of Atlantic Global Management (“Atlantika Global”, “AGAM”), there were similar ones. Each of them promised big profits, but the project just closed without making payments.
What is the main deception?
Why are the reviews about Atlantic Global Management negative? First of all, this is explained by an obvious lie on the part of the administration of the service. The creators of the site are trying to make you think that they have a headquarters in Spain. In fact, QuestraHoldings is registered in the British Virgin Islands. Investment fund and share capital A. G. A. M. 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 investments do they offer?
Secondly, the authors of the project claim that their income comes from four areas at the same time. Reviews about "Atlantic Global Asset Management" say that this is not true. Let's take a closer look at the company's policy:
- Issuance of foreign securities. Here everything seems clear and transparent, so you don't have to dwell on this point.
- Refinancing companies that have lost capital for any reason. Real reviews about Atlantic Global Asset Management say something completely different. In fact, the analysts of the joint-stock investment fund A. G. A. M. search for companies in the market that are performing well, but do not have the required amount of money for their further promotion and growth. Experts report that they are analyzing the economic situation and looking for new sources of funding. This procedure is the main form of income for investment banks and funds around the world.
- Financial factoring. Having a trade agreement for the supply of a real physical product, and taking a deposit on shipping documents, A. G. A. M. gives fund guarantees,acting as a third party, receiving commission payments. In this case, the fund is a financial intermediary that earns a good profit without risk, because without documents the goods will not be released into circulation. The money will remain in the fund's accounts.
- Organization and conduct of IPO. The investment fund Atlantic Global Asset Management buys shares of the company before they come to IPO, and also invests in the purchase of promising companies. In reality, after such operations, they will create and issue their own shares in an IPO. The company earns on the difference between the price of shares, which is paid before the IPO, and the value that is set at the start of trading.
What else looks dubious?
According to reviews of Atlantic Global Management, the company provides very little information about who they invest in. Employees do not offer you comprehensive information to see what you are investing and what risks you are taking. The management fee is incredible for amounts not exceeding 1870 euros: 21-39%.
All investment amounts below 340 thousand rubles. (5000 euros) are paid through one of the company's payment processors. If the value is more than 5000 EUR, payments are made by bank transfer.
Experienced experts advise you to think twice before investing in a bond fund with an expense ratio approaching 1 percent or a simple fund that charges more than 1.5 percent.
According to representatives of Atlantic Global Management, the company provides a constant5-7% weekly profit for many weeks. How realistic is this?
Warning Points
Since people's opinions about Atlantic Global Asset Management are varied, including positive ones, it would be useful to conduct a detailed analysis of all factors. For example, experts warn that a high risk of fraud can come from companies that promise no risk at the same time as high permanent income. This should be considered in more detail.
High returns with little or no risk
Every investment carries a certain degree of risk, and investments that give higher returns usually come with more. Therefore, one should be very suspicious of any "guaranteed" investment opportunity.
Too constant profit
Investments tend to grow over time. Be skeptical of offers that consistently generate positive returns, regardless of overall market conditions.
Secret and complex strategies
Avoid investments if you don't understand them or can't get full information about them. In this case, everything is exactly like that. Reviews about the personal account of Atlantic Global Management clearly make it clear that the site does not provide any objective information.
International fame
The Financial Services and Markets Authority (aka FSMA) officially warnsthe 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 become widespread.
Moreover, the system offered by Questra Holdings at Atlantic Global Management has all the hallmarks of a pyramid scheme or fraud. As such, FSMA recommends not responding to the offer of any investment offered by this company, as well as the transfer of money to any account number indicated by this service.
It is worth noting that the UK, Austria and the Czech Republic have issued their own warnings about the activities of this project. Since the company failed to win its position in European countries, the project began to actively promote customized reviews of Atlantic Global Asset Management in Russia (in Krasnoyarsk and other large cities).
Who is listed as partners?
The company "A. G. A. M" on its official website places 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 a unique experience. 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 financial service. It enables users 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 which 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 - payment functionality that allows you to receive money, manage partner and payment solutions for your online business, buy with virtual and plastic cards, easily send money around the world to literally anyone.
It is worth noting that this is a very sad attempt by the project to try to gain legitimacy, undertaken by Atlantic Global Asset Management. What it is in practice - you can see in the reviews of experts. According to them, A. G. A. M. functions through fraud involving MLM. This is a pyramid scheme in its purest form.
Cost of services
You pay commission based on the amount of money you invest. So, for portfolio management in the stock markets and operations with securities, the amount of remuneration is accrued as a percentage of the positive value of the investment portfolio management indicator, which must be brought to the investor by the end of each week.
Forportfolio management using other instruments (“investment management fee for other markets”), this amount is 10% of the positive value. At the same time, the profit is guaranteed to be very large, as reported by the reviews of Atlantic Global Asset Management.
The cost of administrative services is 2.5% of the investment amount per year. The administration fee is charged and paid weekly for the calendar year. If additional investment amounts are made, a prorated fee will be charged at the time of deposit or at the next weekly billing.
In conclusion
Atlantic Global Asset Management is a classic Ponzi scheme using initially attractive conditions. All actions of the company's specialists are aimed solely at getting your money.
