Chapter 690 Death of Fund Manager (1)

"cheers!"

  At the investor reception of "Tong International", Thierry Delavilecht was full of joy, clinking glasses with investors frequently and saying some words of blessing.

  Usually, when the New Year is approaching, the foundation invites investors to get together. The first is to connect with each other, and the second is to announce the results of the year to everyone, hoping that they can continue to support in the new year. Thierry Delavilecht was already familiar with this kind of friendship-like gathering process. He calmly held a wine glass, surrounded the audience, and greeted each investor one by one.

   Such gatherings are generally arranged before New Year and Christmas, because every investor will be very busy during the holidays, after all, they are all important people with status. This year's party was arranged on Wednesday, December 10th. Because of the schedule of a heavyweight client, Thierry Delavilecht and his colleagues gave up planning to arrange it on the weekend.

  Speaking of this client, it wasn't just Thierry Draverecht, even most of the investors present today were for this sake, not Tiree Draverecht. Although Thierry Delavilecht and his colleagues did a good job, compared to this one, it's like fireflies versus moonlight, not in the same order of magnitude at all.

The main clients of "Tong International" are from Europe. Although it is not an old-fashioned fund, and there has never been a star fund, but because the ex-husband of the Princess of Monaco was once a partner of the fund, many rich people still have a certain degree of confidence in this fund. As a result, "Tong International" has also attracted a certain amount of funds.

   This scale is 2 billion euros, which is close to 2.8 billion US dollars according to the current exchange rate. Although it is European funds, Delavie Rechter is obsessed with the American market, and even arranged his office in New York. In addition, the client happens to be in the United States, so Delavie Rechter simply arranged for this year's party In New York, not the usual Paris.

  This important client is Liliana Betancourt, known as the richest woman in the world, none of them.

  As the second-generation heir of the "L'Oreal" group, Liliana owns nearly 27% of L'Oreal's shares, and she also owns 3% of the assets of the Swiss Nestle company. Combined, these two huge fortunes are worth a staggering $22.9 billion, making the 86-year-old one of the richest women in the world.

  Although she is very rich, this rich woman is very low-key and has been living a nearly semi-reclusive life. Her politically obsessed husband Andre Pétaincourt is far more famous than her. However, when André Bettencourt completely retired from the political arena, the couple basically disappeared from the public eye.

   This time Liliana Betancourt appeared in the United States to promote the charity fund under her name. Relying on the good personal relationship with Liliana, Della Virecht invited her to attend this year's investment conference, and at the same time publicized to other investors that Liliana Betancourt would attend, which in turn attracted a large number of investors. .

Liliana Betancourt and Delavilecht are very good old friends. She even handed over most of her property to Delavilecht's "Tong International" to take care of it. Among them, Delavile A large part of the funds that Chet currently manages comes from Liliana.

   "Why don't you come?"

  The party was already halfway through, and people were still chatting in twos and threes. Although De La Virecht had a calm expression, he kept muttering in his heart. He was afraid that Liliana would not be able to come because of something, and if he did, he would lose face as the host.

   "Terry, good job!"

Just when Delavie Lachter was in a panic, an investor came over with a wine glass, patted him on the shoulder and said, "You can still get a 7.8% return under such circumstances. The results are really impressive!"

Dravie Latcher quickly retracted his gaze, and said seriously: "Levin, it's actually nothing. There are always opportunities to make money in the market. Compared with other fund managers, we pay more attention to the performance of those excellent fund managers." Express, earn profits by investing in them. I am old, and I really lack energy, so I can only borrow the hands of others!"

  Although he spoke very modestly, he couldn't hide the smug look between his eyebrows.

"Terry, you may not be able to keep up with your physical strength, but you are getting smarter!" The investor named Levin pointed to his head and said, "Borrowing someone else's hand is also a kind of wisdom, and it is great wisdom." ..."

  Before he finished speaking, a small commotion suddenly broke out at the reception, and there were even low exclamations in the middle. Delavirecht was overjoyed, knowing that the master of today's reception had appeared.

   "Levin, I'm sorry I still have something to do, enjoy the party tonight!" He immediately said to the investor named Levin.

   "Thank you!" Levin was also absent-minded, and casually said something perfunctory, but he was thinking about how to talk to Liliana.

  Although she is over eighty years old, Liliana Betancourt is still well maintained, and she doesn't look like an old man at all. She maintains her signature backcomb hairstyle, although the hair is very short, the ends are still carefully groomed, rolled up like waves, looking dignified and stylish. Although the skin has been obviously dull and faded, Liliana's face is still hard to find wrinkles, and the whole face is still radiant, and she even painted a red lip makeup, which makes it even more obvious that this lady is still standing in fashion. tide.

  She was wearing a dark gray evening dress with a scarf around her neck. The slightly conservative clothes fit her identity, and her style was simple and elegant. The scarf makes up for the lack of clothes, and the bright colors match the lip makeup, giving people a feeling of being easy to get close to.

  As soon as Liliana appeared, she was surrounded by crowds. People originally came for her, but now that the Lord has appeared, they naturally surrounded her in a hurry. Liliana, who was surrounded, didn't show any impatience. She greeted everyone with a smile, whether she knew them or didn't know them, and her words showed enough self-restraint.

It took a lot of effort before Dravirecht squeezed into the crowd. He wiped his palms quietly to wipe off the sweat, then stretched out his hand with a smile, and said, "Liliana , thank you for your attendance!"

   "Terry, hello, long time no see!"

   Liliana Betancourt also smiled back, "I'm sorry, I was discussing something with Mr. Bloomberg just now, and the time passed accidentally, I'm really sorry."

  Bloomberg is the founder of Bloomberg and a billionaire. At this time, he is the mayor of New York City. Originally, Liliana didn't have to explain so much at all, but she did it anyway, and Draverecht was naturally very helpful, and hurriedly said: "It doesn't matter, as long as you can attend, I will already be very prosperous. "

   "Liliana, this way please, let me introduce you to a few friends, and report on the operation of the fund this year!"

   Greeted the others for a long time, and after all the due etiquette was completed, Delaware, who had been quietly waiting beside him, waved and made an invitation gesture.

   "Terry, I heard you did a good job this year?"

Liliana Betancourt glanced at Delavirecht with a smile, and asked casually, "This year's market is not good, even I have heard about it. But since you are in the mood to hold an investor reception, you must have a good performance. It should be good!"

"Pretty good!"

Facing his most important client, Delavie Lechter could not hide his complacency at all, "Although the whole year is not over yet, according to our calculations, our fund has risen by 7.8% so far, and the S&P 500 has fallen by more than 1% year-on-year." 30%, we not only outperformed the market, but also achieved positive returns.”

   "I don't quite understand what you said, can you explain it in a layman's terms?"

The smile on Liliana's face remained the same, but there was a hint of confusion in her eyes. She didn't know anything about the S&P 500, but she knew very well that even this year, Delavie Lachet still made money, so she was interested in Yes, how did this old friend do it.

  Delavie Lachet understood it almost instantly, and said proudly at the moment: "It's actually very simple. I invested in other fund managers' funds. As long as they make money, I will follow suit."

"It's that simple?"

Liliana, who has gone through a lot of wind and waves, naturally won't show any moved expression, but she was a little surprised by the simplicity, "This kind of behavior of borrowing the wisdom of others is very interesting. Speaking of which, I also borrowed your wisdom , to ensure that some assets will not depreciate. By the way, I don’t know which fund you invest in?”

   "Madoff Fund!" Delaware Reichert blurted out without the slightest worry. Although many fund managers are worried that their investors will be snatched away by other funds, for Liliana, Delavie Rechter is very relieved. In addition to the friendship between the two for many years, performance is also an important factor. Guaranteed, otherwise the other party will not ask him to manage funds for many years, "A well-known fund manager here in the United States is known for his stable returns. Even this year, he has achieved quite good returns."

   "Really? That's genius!"

  Liliana praised casually, but a strange expression appeared on her face the next moment, "Are you sure it's that Bernard Madoff?"

   "Yes, that's him. I didn't expect you to have heard of him, which is really great!"

Dravie Reichert was still excited and didn't realize what was wrong with Liliana. "This guy is a legend on Wall Street. He is known for his stable profits. He can be called a small version of Buffett. Liliana, What's wrong with you? Are you feeling unwell?"

  He finally realized that something was wrong with Liliana's face.

"When I met with Bloomberg just now, he received a call!" Liliana pondered for a while, but decided to tell the story, "The call was made by the New York District Attorney, and they said they had received a call." The surrender of a man named Bernard Madoff. I don’t know why, they reported it to the mayor. After listening to Mr. Bloomberg’s explanation, I realized that this Mr. Madoff is a well-known rich man with a reputation It’s on par with Mr. Bloomberg. To imprison such a big man, you must notify the top management. Mr. Bloomberg also told me that Mr. Madoff’s fund is a complete Ponzi scheme!”

   "What? This is impossible! This is absolutely impossible!"

  Delavie Recht was shocked, his face full of disbelief, and he repeatedly retorted, "This is absolutely impossible, how could it be a Ponzi scheme?"

   "Yes or no, I believe you will know soon!"

Liliana glanced at the other party indifferently, "The news media will follow up on this matter soon. I still have something to do, so I won't stay any longer." She raised her wrist and looked at the exquisite watch, showing a complex look The expression contained both disappointment and sigh, but it was hard to grasp what it was exactly.

   "..."

   Watching her turn away, De La Villechter wanted to say something, but couldn't say a word. At this moment, his mind was in a state of confusion. On the one hand, he had doubts, but on the other hand, he was thinking about what he should do if everything Liliana said was true.

"By the way, just three months ago, you sent a public email claiming to conduct a large number of investigations on the companies you invested in, didn't you?" Before taking two steps, Liliana suddenly remembered something, and when she came back, she was already in a daze. Delavirechter said in a daze, "Is all this the result of your so-called investigation?"

   Thank you book friends who poisoned you thousands of times, Piaomiao Jianghu, Xiaoshuili, and panthernd for voting monthly! At the same time, I would also like to express my gratitude to some book friends who did not vote in time! Recently, I was urged by the teacher to complete some tasks, and the time was tight, but the writing of the book had to go on no matter what. Thanks to so many book friends for their strong support for this book, the author will continue to work hard~

  

  

  (end of this chapter)