Best Asset Class
| Best Asset Class | |
|---|---|
| Based in | Switzerland, Zug |
| Active in | Africa |
| Targeted | precious metals |
Best Asset Class (BAC) – based in the tax haven of Zug, Switzerland - is a general investment group with links to hedge fund Harcourt Consulting AG. BAC’s Platinum Fund in 2007 advertised itself as “the world’s only platinum fund” (not true any longer), in which Swiss pension funds held 20% as of end-April that year. It then held:
- 17.8% of Eland Platinum
- 10.5% of African Platinum
- 8.1% of Anooraq Resources
- 7% of Wesizwe Platinum
- 6.9% of Ridge Mining [Mineweb, 11 May 2007]
In 2009 it was the largest shareholder of Jubilee Platinum PLC (see JP Morgan Chase) [Hemscott 16 August 2009].
