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Investor's Corner

Musical Instrument Funds to Launch

In 2007, the Fine Violin Fund was launched by Florian Leonhard, an expert in string instruments, with a target of €60 million. The fund is structured as a 3-5 year vehicle, plans to invest in pre-19th century violins and expects to achieve a 15% rate of return.The Fine Violin Fund announced in March 2009 that it had been successful in raising €15 million.

Anchorage Capital Partners launched a closed-end fund which will invest in the rare and vintage guitar market. The target is to raise $100 million and is to be listed on the Channel Island Stock Exchange in Euros for a 10-year term.

 

"Today they are not simply musical instruments but financial instruments that are currently outperforming the moribund financial markets. Musical instruments today make sound financial sense.”

-    Phillip Scott, Head of Musical Instruments, Bonhams

 

 

 

Violin built in 1721

 

Although there has historically been a demand for musical instruments that exceeds supply, causing substantial increases in value, there is no guarantee that this will be the case in the future. Demand for musical instruments of a particular type may be affected by regional or world trends and tastes.
 
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