Proactiveinvestors United Kingdom Mayfair 101 Proactiveinvestors United Kingdom Mayfair 101 RSS feed en Wed, 17 Jul 2019 06:07:48 +0100 Genera CMS (Proactiveinvestors) (Proactiveinvestors) <![CDATA[Media files - Mayfair 101 re-thinking traditional banking models to create value for investors ]]> Tue, 16 Apr 2019 08:21:00 +0100 <![CDATA[Media files - Insight into Paymate - India's largest B2B payments company (a Mayfair 101 portfolio company) ]]> Mon, 15 Apr 2019 08:11:00 +0100 <![CDATA[Media files - Mayfair 101 appoints ex Vodafone board member to advisory board ]]> Tue, 26 Mar 2019 09:17:00 +0000 <![CDATA[Media files - Major Australian and International Business Leaders Join Mayfair 101 Advisory Board ]]> Tue, 12 Mar 2019 14:18:00 +0000 <![CDATA[News - Mayfair 101 strengthens advisory board as it gears up for London IPO of M12 Global ]]> Boutique merchant bank Mayfair 101 has added four “highly respected business leaders” to its advisory board.

Prominent Australian businesswoman Maureen Jordan, communications expert Toby Ralph, ex-Vodafone director Amit Pau, and former British diplomat Sir Phillip Thomas have all taken a seat on the advisory board.

The new appointees will join existing advisory board members Kenn MacMillan, Don Christie, Craig van Wegen, Charlie Grant, John Anasis and IPO Wealth boss Ewan Laughlin.

WATCH: Business leaders join Mayfair 101 advisory board

“Following the success of Mayfair 101’s Australian investment management company IPO Wealth, which recently surpassed the $90mln mark after only two years in operation, we are now looking to significantly expand our product offering into the UK market,” said managing director James Mawhinney.

Last summer, Mayfair 101 expanded its UK operations with the launch of London-based investment management firm M12 Global. The plan now is to list the business on the London Stock Exchange later this year.

“The UK has always been a key focus for the Mayfair 101 group given the depth of financial services expertise and resources,” added CEO Mawhinney.

“With interest rates at historic lows across most developed markets, investors are looking for non-bank alternatives that provide regular above average returns.

“Mayfair 101 therefore intends to list M12 Global on one of the main London stock exchanges later this year to fill over $3bn worth of demand for credit within the Mayfair 101 portfolio over the next five years.”

Advisory board members support Mayfair 101 bosses through their experience and knowledge. They also offer the group a “world-class contact network” to support the group and help its portfolio companies to achieve their goals.

Tue, 12 Mar 2019 12:35:00 +0000
<![CDATA[Media files - How Mayfair 101 delivers consistent returns for IPO Wealth and M12 Global investors ]]> Thu, 07 Feb 2019 12:57:00 +0000 <![CDATA[Media files - Mayfair 101 continues steady growth into 2019 as international expansion continues ]]> Tue, 29 Jan 2019 15:08:00 +0000 <![CDATA[Media files - Why Mayfair 101 invested in Smart City Bright Innovations ]]> Thu, 01 Nov 2018 07:30:00 +0000 <![CDATA[Media files - Mayfair 101 investment strategy and market update ]]> Tue, 30 Oct 2018 14:38:00 +0000 <![CDATA[Media files - Bright Innovations leading the way with smart city technology and support of Mayfair 101 ]]> Tue, 30 Oct 2018 07:00:00 +0000 <![CDATA[Media files - Bright Innovations heads for ASX listing with investment from Mayfair 101 ]]> Wed, 24 Oct 2018 19:01:00 +0100 <![CDATA[Media files - Public Democracy Secures $10m from Mayfair 101 ]]> Tue, 09 Oct 2018 08:03:00 +0100 <![CDATA[News - Goldman Sachs finance head dubs crypto reports 'fake news' ]]> Goldman Sachs has dismissed reports about its cryptocurrency dealing plans as ‘fake news’.

Earlier this week a report in Business Insider said the US bank had dropped plans to set up a cryptocurrency trading desk.

Martin Chavez, Goldman’s chief financial officer, said there was never anything definite about its crypto plans.

“When we talked about exploring digital assets we said that it was going to be exploration that would be evolving over time. 

" I never thought I would hear myself use this term but I really have to describe that news as fake news," he told the TechCrunch Disrupt Conference in San Francisco.

Chavez did confirm the Goldman was working on a bitcoin derivative for its clients.

This would be an over-the-counter future settled in dollars with the reference point bitcoin versus the US currency on a number of exchanges.

Goldman Sachs has been clearing bitcoin-linked futures contracts offered by the Chicago futures exchanges since May.

Prices slide 

Chavez added there has to be a safe custody solution before the bank can think about Bitcoin trading,

Goldman is said to be working on custody services, where it will hold crypto assets securely for large clients wanting to invest in Bitcoin, Ethereum and other currencies.

How to ensure cryptos are safe from hacking attacks is one of the issues regulators are trying to get their heads around.

Bitcoin and a number of other leading crypto currencies tumbled on the Business Insider story, though recovered a little today.

Already this year Bitcoin has shed half of its value.

Volumes too low for giants

James Mawhinney, managing director of investment boutique Mayfair 101, said the volumes of trading currently in cryptos are too small for a giant such as Goldman.

“For heavyweights like Goldmans to be investing so heavily in this there needs to be the volumes to support it.” 

He expects crypto prices to recover over the next 3-6 months as stronger, more compelling blockchain implementations and investment opportunities start to come online.

The key will be mass adoption, he says.

“No one cryptocurrency, including Bitcoin, has made substantial moves towards being mass-adopted. 

“This is one of the biggest opportunities Mayfair 101 sees - the release of a mainstream digital currency.“

Mawhinney is chairman of MYNT (monetise your data), a project establishing an asset-backed cryptocurrency that is looking to raise US$500mln.

Fri, 07 Sep 2018 13:42:00 +0100
<![CDATA[Media files - Mayfair 101 backs Liven ICO, bringing crypto-payments to F&B and beyond ]]> Thu, 30 Aug 2018 09:51:00 +0100 <![CDATA[Media files - Mayfair 101 backs payment network Liven with $10m investment ]]> Tue, 21 Aug 2018 10:01:00 +0100 <![CDATA[Media files - Mayfair 101 considers strong executive team at Accloud as key to its success ]]> Tue, 14 Aug 2018 09:12:00 +0100 <![CDATA[Media files - Brigette Panetta from Mayfair 101 sees knowledge-gap in Australian crypto market ]]> Thu, 19 Jul 2018 09:31:00 +0100 <![CDATA[Media files - The Ciinch platform by AdBit Media streamlines legacy media buying processes ]]> Mon, 16 Jul 2018 13:48:00 +0100 <![CDATA[Media files - Mayfair 101's investment in Australian Business Credit closing niche credit gaps ]]> Fri, 06 Jul 2018 13:33:00 +0100 <![CDATA[News - Security tokens can open up ICO market to institutions, believes Mayfair 101 ]]> Goldman Sachs’ announcement in May that it was involved in a crypto-currency or token launch marked a major about-turn by the US investment bank.

Only last year, Lloyd Blankfein, the bank’s chief executive, had dismissed the bitcoin craze, but now it has heavily backed Circle, a blockchain-based peer-to-peer trading network.

WATCH: Mayfair 101 'in a unique position' as it expands interest in digital currency

Goldman has built its reputation among other things for being ahead of the curve and some commentators see its decision as a significant signpost towards the widespread adoption of blockchain and digital currencies.

James Mawhinney, managing director of boutique merchant bank Mayfair 101, believes Goldman’s call is a major step forward for digital currencies and will herald a surge in their use by other corporations.  

If ICOs provide an investment product that pensions funds, investment banks and others understand, that is when huge sums of money will enter this space, he told Proactive.

Circle’s security token is pegged to the dollar (a stable token) and it is this form of ICO that will have the greatest appeal to institutional investors, he believes.

“A security token model incorporating fractional ownership of an asset might be sufficient to attract institutional investors.”

WATCH: Mayfair 101 using blockchain technology in M12 Global to service SME credit gap

Security tokens give the holder a financial reward such as a revenue stream or a portion of an asset unlike utility tokens, where owners get access to a service or product.

Because of this financial element, security tokens are regulated and investors need to be accredited.

Some argue if you are getting a stream of income from a token or it has claim over a company asset, why is it any the different from a traditional share.

Mawhinney sees the similarities but says shares are effectively bits of paper whereas a token in part of the blockchain.

Payment flexibility

That gives a lot more flexibility over timing of payments and more importantly the transparency of the transactions.

To all intents and purposes, that means everyone can see what people atr holding in digital wallets, he says.

Mawhinney predicts a huge increase in the number of companies going down this route.

Mayfair101 is itself looking to raise £1bn for its clients through ICOs over the next 12 months.

He says the next staging post will be the development of a secondary market for security tokens.

US frim tzero is planning to launch such an exchange later this year and from then on Mawhinney can see hundreds of companies preparing security tokens.

“Timing for this is very much right.”

Tue, 19 Jun 2018 12:42:00 +0100