In the Midst of the Pandemic, an Investment Fund Management Company Launched

In the midst of the coronavirus pandemic that has dominated the headlines of almost all relevant global media, the news emerged in business circles focused on the capital market that an investment fund management company has been launched in Croatia. This project, worthy of attention in these turbulent times, was founded by Croatian entrepreneur and manager Milan Horvat. While stock indices were cemented in red, Horvat and his team are decisively returning to the Croatian capital market, this time to seize the opportunity for potentially significant growth. Not only that: he also invited all interested investors to join him.

– I know it may seem a bit strange to talk about investing when little is functioning, and most people are at home, but I believe this is the right time for such projects. This crisis will slowly come to an end, and in the foreseeable future, we will gradually forget how it was. Life will renew itself on another level based on our past and established life habits, along with some new insights and activities – explained Horvat.

Crisis is an Opportunity

Milan Horvat is one of the pioneers of the Croatian capital market. Throughout his career, he has dealt with securities, and recently with cryptocurrencies. At a time when the coronavirus ravaged the world, he decided to seize the opportunity, launched FIMA Invest, and invited all investors to join him.

– I first offered the public and friends to invest together with me during the establishment of the Varaždin Stock Exchange. Twenty-three of us were involved in that project. After we sold our shares, we earned six times our investment! Now I am doing this for the second time. I have launched the investment fund management company FIMA Invest and I invite you to join me – Horvat announced to the public.

Expertise and Experience

The last time a situation similar to today occurred was during the crisis from 2008 to 2010. It later turned out to be the best moment to set aside part of one’s savings and try investing in investment funds, stocks, or good newly established companies.

– Investment funds are the most complex segment of financial business; they are investment consulting for people because investments require experience and knowledge – emphasized Horvat, adding that he has gathered a skilled and experienced team that has been doing this work for nearly thirty years.

FIMA has its own capacities and has been doing this work since 1991. The opportunity is there because savings in Croatia amount to about three hundred billion kuna, and while in developed countries more than forty percent of savings are in funds, in Croatia it is only about seven percent. The project to enter the ownership structure of FIMA Invest has concluded in a very satisfactory manner, and the company has gained about thirty partners who recognized that now is the right time to invest in the capital market.

Long-term Investment

Thus, FIMA Invest has raised 2,000,000 kuna in supplementary capital. An application has been submitted for the establishment of the FIMA Invest Fund, a roof open alternative investment fund (AIF) with a public offering, and we are waiting for approval from Hanfa, after which the initial capital raising for the funds will follow. The purpose of the roof fund is to raise money and manage assets for the benefit of investors in open AIF sub-funds with a public offering, namely FIMA Global Income Builder and FIMA SEE Income Builder.

– The basic rule is to invest for the long term and carefully choose the best time to enter. The shorter the investment in investment funds and stocks, the riskier it is because economies move in cycles of relatively long periods of growth and shorter periods of decline. Now is the right time to take care of your long-term financial stability, especially family stability, and for your third age. We need to act now to achieve long-term positive changes in our income structure – concluded Horvat.

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