Blue Sky launches investable diamond fund
Blue Sky Alternatives has launched the first investable vehicle for physical diamonds. The fund is managed by an experienced team of members of the Belgian, Israeli and Indian diamond exchanges.
Michael Bonke, CEO and founder of Blue Sky Alternatives, has established a network in the diamond industry and created an investment vehicle, approved by the Financial Market Authority (FMA) in Liechtenstein and the BAFIN in Germany: Selection, inspection and price negotiations are carried out by an experienced team of members of the Belgian, Israeli and Indian diamond exchanges. The marketing of the diamonds is carried out by a team of Diamond-Experts in Liechtenstein, Hong Kong and Belgium.
For a long time, a comprehensible price determination of diamonds was considered the greatest challenge for investors, as data on prices, qualities and shapes in the notoriously secretive diamond industry were hardly accessible. The pricing of diamonds is no longer a problem: thanks to the digitization of the diamond inventories of the world’s largest manufacturers, the data is now available electronically. The price of a diamond depends on the famous four C: Carat, Cut, Colour, Clarity.
Diamonds offer the highest value at smallest volume. In the current environment, investors can find in them portfolio- diversification and protection against inflation. Experts anticipate price increases for diamonds in view of declining inventories and a further increase in demand.