Chapter 207 Partition Wall
“Your Highness the Duke, I think you care too little about Argent Real Estate Group...”
After receiving the invitation from Viscount Bute, Barron came to him again In the mansion in Chelsea, I didn't expect that the other party's first sentence would be like this.
“After all, I am just a shareholder of Argent Real Estate Group, and you run the group very well, so there is no need for me to intervene.”
Barron glanced at the man sitting aside, who was sitting there. The Viscountess looked at the fashion magazine and said:
"And the last time I injected capital, I felt that Mr. Viscount didn't want me to have too much involvement in the real estate group's affairs..."
"How could it be, there must be a misunderstanding, Your Highness the Duke, I I hope there is a close relationship between us As a partner..."
It stands to reason that Viscount Bute was not unaware of his relationship with the Viscountess before, and now the Viscountess' belly... Although it is not particularly obvious, it is said that Viscount Bute sees it If it doesn’t come out, that would be ridiculous.
So what does his attitude mean today?
When Barron asked Chris about this issue earlier, she didn't say much, she just said something mysterious and mysterious. In summary, it meant that there was nothing to worry about.
Seeing that when Viscount Bute said that he hoped to remain a "close partner" at the end, his eyes were directed at the Viscountess, or to be precise, the Viscountess's belly...
At this time, he was slightly His expression of excitement and slightly flushed face inevitably made Barron feel a little weird.
“Since we are partners, we need to trust each other. I don’t want to hide anything. Just like what happened before, I don’t want it to happen again. I have no idea about the Argent Group. It is just a financial investment. "
"I believe we will become the closest partners, Your Highness, there is another thing I hope to get your help with..."
Seeing Barron's expression of inquiry. Eyes, Viscount Bute said:
"It is the employee pension fund of our Stuart Mining Group. Some of the funds need to be re-searched for investment channels. I heard that DS Capital has launched a new capital-guaranteed fixed-income fund product. I wonder if it can be provided to this fund? ”
Huh? What kind of request is this? It’s obviously to give yourself money!
"What is the amount of funds?"
"100 million pounds..."
After a brief introduction by Viscount Bute, Barron knew the employees of Stuart Mining Group Due to previous investment mistakes, pension funds suffered losses last year, which lowered the average annualized investment return rate in the past five years to less than 3%...
It’s no wonder that he likes Athena Fund’s fixed-income fund products, which guarantee capital and have a yield of 10%-15%, which is much better than the investment performance of their employee pension fund.
Here we will introduce the British pension system. Currently, it is a three-pillar pension system consisting of state pension, occupational pension and personal pension.
The state pension is a public pension that provides basic retirement income guarantee; the private pension composed of occupational pensions and personal pensions assumes the important task of increasing the pension replacement rate and further improving the quality of retirement life. .
The so-called occupational pension is provided by employers for employees, who jointly contribute and enjoy tax benefits, and implement an "automatic enrollment" mechanism.
Personal pensions adopt a trust structure and are voluntary to join. Usually, a contract is signed directly between the individual and the pension institution.
To put it simply, employees with legitimate professions will deduct part of their income into the state pension; then the company will deduct part of it, plus the part contributed by the company, into the occupational pension.
These two are necessary for employees with legitimate professions to join.
If you want your pension to be larger after retirement, you can also choose to join the personal pension products of some pension institutions.
The employee pension fund of Stuart Mining Group mentioned by Viscount Bute is one of the occupational pension funds.
As mentioned earlier, the Bute family first made their fortune because they discovered a large number of coal mines in Wales, making the Bute family one of the richest families in the world at that time.
The company they were mining for coal in Wales at that time was the predecessor of the Stuart Mining Group.
Later, after the coal mines in Wales were exhausted, Stuart Mining Group began to seek development in other places. The mining resources they are currently involved in include coal mines, copper mines, iron ores and many other types. There are mines in England, Australia and Africa.
Although the scale of Stuart Mining Group is far less than that of leading giants in the UK such as Glencore Mining Group and Anglo American, its scale is still considerable and it is one of the pillar industries of the Bute family. one.
The original surname of the Bute family was Stuart. Later, after being awarded the title of Marquis of Bute, they began to use Bute as their surname.
This is why the name of the mining group they own is Stuart...
It is also worth mentioning that Viscountess Chris’s surname is also Stuart.
In fact, the Viscountess is also related to the Bute family, but that was many generations ago. Of course, this kind of thing is not a big deal among the nobles. Not to mention that such distant relatives who have been separated for many generations, even close relatives, were very common among the previous nobles.
The total scale of Stuart Mining Group’s employee pension funds exceeds 500 million pounds, but a company with such a long history is not like the “young” Argent Property Group – they are needed at any time Leave enough cash to draw down for retired employees.
In addition, there are other investment allocations in progress, so the scale of funds that the Stuart Mining Group Employee Pension Fund is preparing to invest this time is about 100 million pounds.
"Your Excellency, Viscount, I need to explain to you that our fixed income fund products are not always able to protect capital. This is just a way to reassure investors in the early stages of the fund..."
The same is true for itself. , the so-called "capital guarantee" commitment itself requires DS Capital to have assets sufficient to endorse this.
When the Athena Fund is below a certain scale, DS Capital is fully sufficient to support such a guarantee, but if the Athena Fund reaches more than a billion or even billions of pounds, it far exceeds DS Capital’s own assets. After the scope, even if they claim to be "capital guaranteed", they will not have enough assets to back it.
“I understand, at least we can protect our capital now, right.”
After Barron introduced the fixed income products of the Athena Fund to Viscount Bute, Viscount Bute introduced the fixed income products of the Athena Fund to the Stuart Mining Group. The employee pension fund chose an investment method with a five-year closing period and an average annual return of 12.5%.
In this way, the capital size of Athena Fund will increase from US$250 million to approximately US$400 million.
Just after Barron and Viscount Bute confirmed the matter, a rather delicate-looking young man walked up to Viscount Bute, leaned close and whispered something into his ear.
Barron's hearing was already very keen, and he vaguely heard the general content.
"Your Highness the Duke, I have to take care of something..."
"Then I will go back first and let the fund manager contact you when the time comes for the Athena Fund."
After hearing this, Barron was about to leave, but he heard Viscount Bute say:
"I have specially prepared a dinner to entertain His Highness the Duke..."
He specifically glanced at his watch. :
"I will be back in about an hour. Chris, please chat with His Highness the Duke first..."
Hearing what Viscount Bute said, Barron and Chris Looking at each other, I could only feel the emotions revealed in her eyes, which were very intriguing.
"What's going on?"
After Viscount Bute took the young man out of the reception room and closed the door, Barron looked at the Viscountess not far away and asked softly.
“Can’t you guess it yet?”
The Viscountess put down the magazine in her hand, with water in her beautiful eyes:
“Do you still need me to remind you? ”
Thinking of what the Viscountess had said to him before, about Viscount Bute, and the other party's performance today, Barron had some vague guesses, but he still couldn't be sure...
After all, perverted things can't be heard I have said it before, but I never thought that I would actually meet...
At least I never thought of this kind of scene...
And just when Barron was thinking about it, The Viscountess has already taken action...
She said in Barron's ear:
"I have your child in my belly. If you want him to help you raise your child, don't you want to give him a little sweetness?"
"Is this his purpose today?"
Viscountess Smiling slightly, he lowered his head and began to use his eloquence to persuade Barron...
At the same time, Barron vaguely heard that there seemed to be a heavy sound behind the wall somewhere in the room. breathe.
(End of this chapter)