sterling equity hedge fund

jimjames

By fund managers do you mean the investment arms of the banks? If so there are lots of ways that they make money (and lots of ways that they've lost it too!)

If you mean the fund managers that manage unit trust investments then they make money for clients by buying and selling shares. You can certainly do far better than 0.2% return by investing not saving but your capital is at risk, although not as much at risk as giving it to the people listed above.

If you really want to invest in a hedge fund F&C investments (regulated by the FSA) recently bought Thames River hedge fund managers and will soon be offering investments in their funds via their savings scheme. Starts from £50pm so no fortune needed to get started.

Your previous question was about getting secure investment performance above inflation - unfortunately the two are generally mutually exclusive - investments do not normally have secure capital unlike savings accounts. There are many investments paying above inflation but your capital would be at risk. Even lowly UK Equity income funds are paying around 4.5% dividend level at the moment but your capital may fall in value.

normansands

Thanks again,
have looked at some fund performances quoted for regulated funds which show gains as high as 55% for one year for the best performers.
There did not seem to be information on any of the banks "in house" fund activities.
I assume that these may be even more spectacular to achieve the remarkable billions of £s turn around and be paid millions in bonuses?
In fact they rather make Stirling's offerings somewhat modest by comparison.
I have even been contacted by an existing customer who regards them as a middle of the road cautious fund.
If it is a scam it is rather elaborate and longstanding.
Regards
Norman

bendix

Nice move, normansands.

I like the way you did that. You gave up the debate when I spotted your little ruse, then came back in and started a bit of an 'anti-investment bank' repartee to get people on your side and establish your credentials as a bonafide good guy and then, BANG, in you come with plugging Stirling again, with a nice little reference to a reference from an existing customer.

Good marketing. I like it, although frankly it didn't pass my bulls**t test. Good effort though - it will fool many others on here. It's almost subliminal, don't you think?

Would you like a job? I need new marketing people.

normansands

Thanks again,
but I have neither the intelligence nor the guile to live up to your accusations, but I would still like the job.

However this is what I received in answer to my enquiries.........

Dear Norman

With reference to our telephone conversation earlier in the week.

I am happy to confirm that I have been a client of Sterling Equity
for in excess of seven years.

My portfolio consists of a broad base product range from equities
to FX and Bond accounts.

I have never experienced any customer service problems with
Sterling in all the time I have been a client, nor have I ever had
problems receiving funds when requested.

I have personally introduced family and friend to Sterling over the
past years, and to my knowledge all are as happy as myself.

I have no reservations in recommended this company to any investor.

Should I be able to assist you further, please feel free to email
me at any time?

It was a pleasure talking with you and I wish you well with you
investments no matter whom you choose.

I really don't want to get caught but do need to understand the workings.

Regards
Norman

normansands

Oh dear, how rude!

Unfortunately I am now in my dotage and cannot respond as once this old soldier would have done
so I would remind you of the etiquette.........

• Please be nice to all MoneySavers : There's no such thing as a stupid question and, even if you disagree, courtesy helps.
• Please be sensitive : This may be a web forum, but you’re still talking to other human beings. Repeatedly or harshly saying someone’s wrong, especially on boards like DebtFreeWannabe, Bankruptcy or Benefits, can lead to upset.

apart from the rudeness could you please explain why you repeat people's posts in quote form?
why make people read them twice?
very strange
Regards
Norman

sabretoothtigger

bendix wrote: »

Four posts in the same thread from people with the same kind of name (normansands, stewartfisher etc). All four posters are posting for the same time. All four posters have the same bizarre writing style, and all four are defending these honorable people at Sterling Equity as bonafide hedge fund managers.

It doesn't take a rocket scientist to work out what's going on here.

A message for Sterling Equity: fire your marketing manager. He's an idiot.

The need to protect the internet from 'astroturfing' grows ever more urgent | George Monbiot
http://t.co/DC0gR9Z

bendix

normansands wrote: »

Oh dear, how rude!

Unfortunately I am now in my dotage and cannot respond as once this old soldier would have done
so I would remind you of the etiquette.........

• Please be nice to all MoneySavers : There's no such thing as a stupid question and, even if you disagree, courtesy helps.
• Please be sensitive : This may be a web forum, but you’re still talking to other human beings. Repeatedly or harshly saying someone’s wrong, especially on boards like DebtFreeWannabe, Bankruptcy or Benefits, can lead to upset.

apart from the rudeness could you please explain why you repeat people's posts in quote form?
why make people read them twice?
very strange
Regards
Norman

Give it a rest. You are spamming. It's a subtle spam, but it's spam nonetheless.

bendix

sabretoothtigger wrote: »

The need to protect the internet from 'astroturfing' grows ever more urgent | George Monbiot
http://t.co/DC0gR9Z

Precisely.

As I've pointed out before, there are several of these posters all with implausibly sensible names, which are too alike in style, and they are all promoting this sort of company, with faux references from friends.

In this one, he even has the gall to post the reference letter. Why?

They think we're idiots.

Sadly, some of us are and will be taken in by it, and fleeced by Stirling in the process.

normansands

Sorry, sorry, sorry
you are all wrong, I am just me, really me, not they and no one else.
please quote me.

I of course have no idea what "astroturfing" is, whatever it is I am not doing it, as far as I am aware.
just seeking to understand.
if there are any genuine people out there, whatever funny names you are using.
please respond with actual assistance, or have I fallen into some strange cult website
Still Regards
Norman

jimjames

normansands wrote: »

Thanks again,
but I have neither the intelligence nor the guile to live up to your accusations, but I would still like the job.

However this is what I received in answer to my enquiries.........

Dear Norman

With reference to our telephone conversation earlier in the week.

I am happy to confirm that I have been a client of Sterling Equity
for in excess of seven years.

My portfolio consists of a broad base product range from equities
to FX and Bond accounts.

I have never experienced any customer service problems with
Sterling in all the time I have been a client, nor have I ever had
problems receiving funds when requested.

I have personally introduced family and friend to Sterling over the
past years, and to my knowledge all are as happy as myself.

I have no reservations in recommended this company to any investor.

Should I be able to assist you further, please feel free to email
me at any time?

It was a pleasure talking with you and I wish you well with you
investments no matter whom you choose.

I really don't want to get caught but do need to understand the workings.

Regards
Norman

So how exactly did a client of Stirling find your email address and send you a message saying how fantastic they were? Was it from the email address you gave Stirling by any chance? Have you met this person to know they are real?

If you are genuine then you need to realise that scammers can hide behind a huge variety of guises to lure you in.

The scam model agencies I have dealings with go to the efforts of creating multiple Yahoo accounts to post positive feedback to questions about themselves in order to convince people that they are genuine.

Everyone is giving you assistance but you either don't seem to be listening/don't want to listen or are not asking the right question so we can try to help you.