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Tim Haywood, Julius Baer

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  • Sods ----- Law.
    January.---- 2014.

    For almost two decades we have strived to get justice for the injustice we have suffered at the hands of a world renowned bank--- PICTET & CIE. BANK.

    Two yorkshiremen both running their own small family businesses trying to resolve the problem by taking all the correct legal procedures to recover their monies.

    The matter was raised in Parliament – twice-- the FSA investigated the matter concluding that PICTET had rogues operating in their London Bank --- but the rogues had left ---saying no one left to prosecute.??? ----- so there.

    We then approached the Financial Ombudsman Service. (FOS) --- our case was dealt with by seven different people ---- then our numerous E-Mails were ignored --- nobody would speak to us -------so there.

    We then asked the SFO ( Serious Fraud Office.) to investigate our case ---- the criteria of our case ticked all their boxes. --- we were instructed not to send them any documents/evidence.------ in fact they wrote to us advising us to go to the Citizen's Advice Bureau.(CAB.)

    Richard Alderman the SFO boss ---- who responded to our letter was the same man who would not investigate the “ Madoff” scandal or the “Libor” fiasco.
    The MP's committee ---- said he was sloppy--- and the SFO was run like “ Fred Karno's Circus” ------- so there.

    Our M.P. approached our local Chief Constable to investigate----- he was called---- Sir Norman Bettison--- Chief Constable of West Yorkshire Police ---- a force that made “ Dad's Army” look like the S.A.S. They were inept – corrupt ---malicious --- from top to bottom. We were criminally dealt with by the Forces Solicitor---- the Head of the Economic Crime Unit ----and the Chief Constable ----- so there.

    We were then advised to pass our complaint against West Yorkshire Police to the I.P.C.C. – which we did --- they advised us to make our complaint to ---- the West Yorkshire Police --- we did with reluctance --- all we got was abuse and obfuscation. ----- so there.

    Sir Norman Bettison ---- The Forces solicitor--- and the Head of the Economic Crime ---- have all been removed from their posts and facing criminal allegations.
    ------ so there.

    We even sought justice through the Courts --- culminating in a visit to the Court of Appeal-London.--- On leaving the Courts of Appeal that day our barrister a “rising star” informed us --- that if that was Justice then you can keep it. He quit the law and moved to Canada ----- so there.

    A few years later we learned that one of the judges in our case at the Court of Appeal was related to a senior executive of the Pictet Bank -----so there.

    Pictet & Cie .Bank --- voted private bank of the year 2013.
    Ivan Pictet ---- Voted banker of the year 2012. ---- the senior partner --- lied on numerous occasions and had documents destroyed --- also said genuine documents were forgeries. ----- so there.

    Ivan Pictet in Oct. 2013 ---- Given the Legion of Honour --- but saying that ---- honours were given to Hitler --- Eichmann --- Mussolini ---Franco --- he's in fitting company. ----so there.

    MONTY RAPHAEL.Q.C. -- Peters & Peters.London. They were the banks lawyers.
    Monty Raphael.Q.C. along with Ivan Pictet withheld crucial documents requested by the High Court ---- the FSA ---- and the police Fraud Squad. ----so there.

    Monty Raphael.Q.C. became an Honorary Queens Counsellor in March. 2012.
    Monty Raphael.Q.C. became a Master of the Bench in Nov.2012.
    An expert in Fraud ---the Doyen of Fraud Lawyers. ----- so there.

    This says a lot about Banks --- the consensus of opinion is that they are highly paid “crooks” ---- no wonder they voted Ivan Pictet banker of the year.

    Full Story.---- “google or Yahoo”

    Insert.

    Ivan Pictet.Banker.
    Monty Raphael.Q.C.
    Ivan Pictet/Monty Raphael.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • *** Were currently waiting to see if the West Yorkshire Police :-
    (1) Chief Constable ---- Sir Norman Bettison.
    (2) Forces Solicitor ---- Mike Percival.
    (3) Head of Economic Crimes Unit.--- Det. Chief Inspector Steven Taylor.

    -- continue to attempt to cover this case up like their F.S.A. Counterparts.
    If they do “ watch this space”)

    We have recently been informed that due to pressure from our M.P. that the Ministry of Justice have asked Lord Myners to investigate our claims that the F.S.A. covered up the illegal activities of Pictet Asset Management. London. They might as well have asked Ivan Pictet to investigate .or Friends Reunited.
    Lady Myners on Prix Pictet board.

    The consensus of opinion is the Pictet & Cie should be prosecuted , and that their banking licence’s should be taken away in the U.K. ( and fined.)
    Their solicitors at Peters & Peters --- struck off and prosecuted..
    In America they would have all been in prison for the last seven years.



    WEST YORKSHIRE POLICE,

    We note that Det Chief Inspector Steven Taylor has been removed as Head of the Economic Crime Unit and demoted to Det. Inspector. ( One down two to go.)

    A file of some 339 pages including scores of documentation has been forwarded to the following --- Aug 4-6th .2011.

    640 --- Members of Parliament.
    460 --- Members of the House of Lords.
    Ministry of Justice.
    F.S.A. – Financial Services Authority.
    Serious Fraud Office,
    Peters & Peters .London. -- Solicitors.
    Pictet & Cie Bank --- London & Geneva.
    West Yorkshire Police Authority.
    I.P.C.C.--- Independent Police Complaints Commission.
    C.C.R.C. --- Criminal Cases Review Commission.
    Swiss Ambassador London.
       Reply 
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  • Update .Jan 31st - 2011.

    Nov23rd----Nov26th.2010.

    The following sent to ----312 Lords.------- House of Lords.
    The following sent to ----649.M.P’s--------House of Commons.


    BANK - PARTNERS IN CRIMES.

    Pictet & Cie Bank.

    Ivan Pictet.
    Nicolas Pictet.
    Charles Pictet.
    Jacques de Saussure.
    Jean – Francois Demole.
    Renaud de Planta.
    Philippe Bertherat..

    Pictet & Cie.- claim they are the “Rolls Royce”of Swiss banks.

    Swiss Banks or more correctly Swizz banks.

    Swizz. ---- “ a great disappointment.” or a “ fraud.”

    Fraud. ---“ an intentional deception or dishonesty.”— “a crime.”

    Crime. ---“ an act committed or omitted in violation of a law.”

    Serious Crimes .
    Conspiring to pervert the Course of Justice.
    Perverting the Course of Justice.
    Contempt of Court.

    Pictet & Cie.

    Pictet & Cie Bank –Partners –(1996—2010 )- guilty.
    Peters &Peters – Partners.— (1999---2010 )- guilty.

    The bank and it’s officials/lawyers deliberately withheld crucial documents requested under a High Court order. The bank and it’s officials/lawyers deliberately withheld evidence from the Police, and one of it’s account managers Susan Broadhead gave a false witness statement .
    Another one of it’s managers Nicholas Campiche ( Now Head of Pictet – Alternative Investments.) concocted a letter pretending to be a client and closed his account. The senior partner (Ivan Pictet.) sought to have numerous documents destroyed,along with those copies held in their London office’s of Pictet Asset Management. Initially stating that they were forgeries then their lawyers Peters & Peters – Monty Raphael –and the barrister Charles Flint.Q.C. later had to admit in Court that the documents were genuine.

    British Parliament. Hansard .29th March 2007.
    Barry Sheerman .M.P.—quote.

    ---------“ Constituents of mine have lost £2 million through fraud. The fraudster used Pictet & Cie - - a French Bank - - and Pictet Asset Management to back the fraud being perpetrated.””

    (1) It is a criminal offence for a bank to knowingly act for an undischarged criminal bankrupt in so far as it seeks to assist that criminal bankrupt in the fraudulent movement of monies. ( Money Laundering.)

    (2) It is a criminal offence for a bank to lie to the police and the bankrupts trustee in bankruptcy in so far as any knowledge of, or dealings with the bank was refuted .

    (3) A bank can be guilty of Contempt of Court if it fails to comply fully with the Courts order for discovery .

    (4) The banks contempt is further compounded if it fails to address its error after it is specifically drawn to the to its solicitors attention. ( Monty Raphael).

    (5) It is a criminal offence under the Financial Services Act to seek to destroy evidence that might be relevant to an investigation .

    (6) It is a criminal offence not to relinquish control of funds to the Trustee immediately the fact of the bankruptcy is drawn to the banks attention.

    (7) It is a criminal offence to lie or otherwise obfuscate the lawful and proper enquiries of the F.S.A.

    In the F.S.A. cover up , they concluded that there had been “ Rogue” elements in Pictet & Cie’s , London operations . They had been moved from their London Office so who was there left to prosecute. “ Unbelievable.”

    On Dec 9th,2008. the complaint was sent to 150 Members of the House Of Lords and 230 Members of Parliament.


    *** We thank --David Cameron. M.P. ( Canary Wharf Speech.) Dec. 15th. 2008.
    *** --Now ---- The Prime Minister.

    (1) Bankers who behave irresponsibly should face professional consequences.
    (2) If anyone is found to have behaved criminally they must be prosecuted.
    (3) The F.S.A and the Serious Fraud Office should be following up every lead, and
    investigating every suspect transaction .
    (4) We need to make it 100% clear –those who break the law should face prosecution.
    (5) That we make sure we root out any wrongdoing that may have happened, whoever is
    involved, however high or well connected they may be.

    The ‘Doyens’ of the establishment.’ ( Ivan Pictet and Monty Raphael.)

    Ivan Pictet.
    Managing partner in Pictet & Cie Bank . --- retiring -. 2010.?
    President of the Geneva Financial Centre. – stepping down. 2010.?
    World Bank.committee member.
    United Nations. Investment Committee member,
    Vice President – Global Humanitarian Forum. --- redundant.2010.?
    Member of the Henokiens.
    Blackstone Group --- Board Member.
    Past- President – Geneva Private Bankers association.
    Past –President – Geneva Chamber of Commerce and Industry.

    Monty Raphael. ( Peters & Peters.)
    Quote.” ---- Doyen of U.K. Fraud lawyers.
    Head of Fraud and Regulatory Dept. --- stepping down.?.
    Member of the Law Society of England & Wales.
    International Bar Association Member.
    Director of Fraud Advisory Panel.

    Written Parliamentary Questions received by the table office ..

    (1) To ask the secretary of state what steps he is taking to ensure that Swiss Banks such as Pictet & Cie do not evade criminal prosecution under EU law even when the illegal act is committed by a London based subsidiary.

    (2)To ask the secretary of state what steps he is taking to protect the rights of UK citizens who seek redress following criminal activities by Swiss banks with subsidiary offices located in London.

    On Dec 9th,2008. the complaint was sent to 150 Members of the House Of Lords and 230 Members of Parliament.
    On Aug 19th.2009.another complainants file regarding the “cover up” was forwarded to the same 380 members.


    We started our campaign in June 2008 -- via the “net” to highlight our fight to get “justice”. In our second year campaign we hoped to reveal further damning evidence . Due to there being an on going Police investigation into our complaint we are at this moment unable to place dozens of documents on to the “net”. Again we thank other “ E- Mailers” for their information in relation to our campaign.

    Quote. ( America’s Top Lawyer .)

    You can be the richest man in the world with the best lawyers that money can buy but you cannot win against a man who has got nothing left to lose and is telling the truth.

    Truth Hurts.

    • Ivan Pictet. Announces stepping down from Pictet & Cie. 5th Feb 2010.
    June 2010 – stepping down as president. Geneva. Financial Centre.
    • Monty Raphael. Steps down as head .( Peters and Peters ) May. 2009.

    *** We note that there has been a sharp increase in Peters & Peters partners leaving to go to other practices. Moving does not alleviate them of any responsibility from any illegalities that may have occurred at Peters & Peters during their partnership tenure. From 1999 onwards.

    *** Were currently waiting to see if the Police and other Law Enforcement Bodies attempt to cover this case up like their F.S.A. counterparts. If they do –“ then watch this space.”

    We have recently been informed that due to pressure from our M.P. that the Ministry of Justice have asked Lord Myners to investigate our claims that the F.S.A. covered up the illegal activities of Pictet Asset Management. London.

    The consensus of opinion is the Pictet & Cie should be prosecuted , and that their banking licence’s should be taken away in the U.K. ( and fined.)

    Their solicitors at Peters & Peters --- struck off and prosecuted..

    Our Campaign’s Second Year Anniversary this week .
    Started June 6 th 2008. ( almost 2.5 million E-Mail in two and a half years.)
    Still no injunctions - - -no writs - - - ( they can’t go to Court - - - - it’s all true.)

    *** the Bigger they are - - - - the harder they fall.!!!

    In America - - they would have all been in prison for the last seven years.


    Full Story.

    Go to search box on “Google” and insert any of the following combinations

    1. Insert.---( Jacques de Saussure/ Monty Raphael)
    2. Insert---( Ivan Pictet / Monty Raphael).
    3. Insert---( Pictet& Cie/ Monty Raphael.)
    4. Insert---( Charles Flint/ Monty Raphael)
    5. Insert---( Nicholas Campiche/ Susan Broadhead). .
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    Your message goes here
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  • 1. The search for absolute returns Julius Baer Absolute Return Bond Funds Tim Haywood, CEO & Portfolio Manager Augustus Asset Managers Limited 17th March 2009 For professional clients only!
  • 2. Delegation of investment management
    • Each of the Julius Baer Absolute Return Bond Funds has appointed Augustus Managers Limited as its sub-advisor, with full responsibility for portfolio management.
    • The following presentation has been created by Bank Julius Baer & co, Zurich.
  • 3. Short-term rates heading fast towards 0% globally Central bank monetary policy rates, as of March 5, 2009 Source: Datastream, Bloomberg, Julius Baer % % North America Western Europe Japan % Australia & New Zealand % LEH default LEH default LEH default LEH default
  • 4. "Safe" is hardly "risk-free"… 5-year single name CDS spreads; sovereigns; as of February 27, 2009 Source: Bloomberg, Julius Baer Bps Dramatically higher risk premiums… Bps … move EMU sovereigns near EM space AAA AA+ AA AA- A+ A A- BBB+ BBB LEH default Weighted average external credit rating (S&P/Moody’s)
  • 5. …as "system" support triggers massive re-financing requirements… Source: US Treasury Office of Debt Management, Julius Baer US Treasury quarterly net primary issuance USD bn
  • 6. …set to provide for steeper government curves… 2s/10s, based on government benchmark curves, as of February 27, 2009 Note: Month-end data. Source: Datastream, Bloomberg, Julius Baer bps bps North America Western Europe Japan bps Australia & New Zealand bps LEH default LEH default LEH default LEH default
  • 7. …and "flight to quality" trade Benchmark government bonds within a long- and short-term perspective Source: US Federal Reserve, Datastream, Julius Baer % Further collapse in yields… % … but bottom appears to be nearing LEH default LEH default
  • 8. Risk assets trade way off fundamentals… Global High Yield Corporates, as of February 27, 2009 Source: Moody's, Merrill Lynch, Julius Baer Ø 2.73% % Default rate (number of issuers) Credit spread (basis points) All-time high for defaults
  • 9. …but massive de-leveraging is still ongoing… Source: HFR, Julius Baer NNM for hedge funds globally long-... USD bn … and short-term USD bn LEH default LEH default
  • 10. ...as is global repatriation trade continues… Source: US Treasury TIC report, Julius Baer Net US buying of foreign securities long- USD bn … and short-term USD bn LEH default LEH default
  • 11. …hitting EM FX in particularly hard % cumulative change in FX spot rates vs. USD Note: Month-end data. Source: Datastream, Bloomberg, Julius Baer % % Americas Europe Middle East & Africa % Asia % LEH default LEH default LEH default LEH default
  • 12. Product framework (1/2) Julius Baer fixed income absolute return fund range Source: Julius Baer Target gross excess return vs. 3m Euribor (%) Maximum annualised value-at-risk (%), 99% confidence Absolute Return Absolute Return Plus Absolute Return Emerging Absolute Return Defender
  • 13. Product framework (2/2) Julius Baer fixed income absolute return fund range Absolute Return Bond Fund Plus
    • Global Fixed Income
    • Long/Short
    • Long/Short
    • Long/Short
    • 3m Euribor +3-5% p.a.
    • VaR 10 %
    • 99% Confidence Level
    • Max negative mDur -6yrs
    • Max positive mDur +12yrs
    • Min ⅔ Cash Bonds
    • Max 50% Sub-InvGrade
    • Max 30% Convertibles
    • Max 5% Distressed
    • No Shorting of Cash Bonds
    • No financial Leverage
    • No direct Equity Exp.
    Absolute Return Bond Fund
    • Global Fixed Income
    • Long/Short
    • Long/Short
    • Long/Short
    • VaR 6 %
    • 99% Confidence Level
    • 3m Euribor +2-3% p.a.
    • Positive Returns across Market Cycles
    • Positive Returns across Market Cycles
    • Max negative mDur -3yrs
    • Max positive mDur +12yrs
    • Min ⅔ Cash Bonds
    • Max 50% Sub-InvGrade
    • Max 30% Convertibles
    • Max 5% Distressed
    • No Shorting of Cash Bonds
    • No financial Leverage
    • No direct Equity Exp.
    Absolute Return Emerging Bond Fund
    • Global EM Fixed Income
    • Long/Short
    • Long/Short
    • Long/Short
    • VaR 8 %
    • 99% Confidence Level
    • 3m Euribor +3-4% p.a.
    • Positive Returns across Market Cycles
    • Max negative mDur -6yrs
    • Max positive mDur +12yrs
    • Min ⅔ Cash Bonds
    • Max 25% Convertibles
    • No Shorting of Cash Bonds
    • No financial Leverage
    • No direct Equity Exp.
    Product Investment universe Rates exposure Credit exposure FX exposure Return target Risk budget Investment restrictions Investment aim Absolute Return Bond Fund Defender
    • Global Fixed Income
    • Long/Short
    • Long/Short
    • Long/Short
    • VaR 4 %
    • 99% Confidence Level
    • 3m Euribor + ¾ -1 ¼ % p.a.
    • Positive Returns across Market Cycles
    • Max negative mDur -2yrs
    • Max positive mDur +5yrs
    • Min ⅔ Cash Bonds
    • Max 50% Sub-InvGrade
    • Max 30% Convertibles
    • Max 5% Distressed
    • No Shorting of Cash Bonds
    • No financial Leverage
    • No direct Equity Exp.
    • Augustus Asset Managers
    • Augustus Asset Managers
    • Julius Baer
    Investment adviser
    • Augustus Asset Managers
    • 31st May 2006
    • 30th April 2004
    • 31st December 2007
    Launch date
    • 31st July 2008
  • 14. Performance summary as of February 27, 2009 Note: All data based on GBP institutional share classes. Source: Lipper Hindsight, Julius Baer % Net total return Absolute Return BF Def. % Net total return Absolute Return BF % Net Total Return Absolute Return BF Plus
  • 15. Team approach reflected in broad-based return profile Annual performance attribution by main strategy, JB ARBF Note: Due to possible timing lags between actual and modelled trade flows and corresponding prices paid, model returns may in individual cases marginally divert from actuals. Source: Julius Baer +859 bps 2005 +260 bps 2006 +737 bps 2007 Basis points -23 bps 2008 2009 (YTD) +167 bps
  • 16. Important legal Information
    • This document is intended for circulation to Professional Clients only.
    • The document has been issued by Julius Baer International Limited, 64 St James’s Street, London SW1A 1NF, which is regulated and authorised by the Financial Services Authority.
    • The information contained in this document has been produced solely for the use of the person to whom it is given or sent and may not be reproduced, copied or given, in whole or in part, to any other person. It is not an invitation to subscribe and is by way of information only. This document is subject to change without notice.
    • Source of data: Julius Baer (unless otherwise stated). Nothing in this document should be construed as investment advice nor does it constitute a recommendation or solicitation to buy shares. Any research or analysis used in the preparation of this document is based upon sources believed to be reliable but no representation or warranty is given as to the accuracy or completeness of those sources. Any opinions, estimates or forecasts are subject to change at any time. Companies of Julius Baer Group, their employees or associates may from time to time hold shares in one or more of the funds mentioned herein.
    • Past performance is not indicative of future performance. The value of investments may be subject to fluctuations and, under certain circumstances, investors may not get back the full amount invested. Changes in foreign-exchange rates may also cause the value of investments to go up or down. Nothing contained herein constitutes investment, legal, tax or other advice nor is to be relied on in making an investment or other decision. Please consult your tax or investment advisor before investing according to this presentation.
    • Julius Baer Multistock and Julius Baer Multibond are recognised collective investment schemes under section 264 of the UK Financial Services and Markets Act 2000, and potential investors in the United Kingdom are advised that the protections available under the Financial Services Compensation Scheme are not available for investments made in these funds. Julius Baer Multistock and Julius Baer Multibond are umbrella funds with segregated liability between subfunds. Shares in Julius Baer Multistock and Julius Baer Multibond are not available for sale in any state or jurisdiction in which such sale would be prohibited.
    • Before making an investment decision, investors should read the prospectus for Julius Baer Multistock or Julius Baer Multibond umbrella. Copies of the respective prospectus and financial statements can be obtained from Julius Baer International Limited, 64 St James’s Street, London SW1A 1NF (authorised and regulated by the Financial Services Authority).
  • 17. Disclaimer This document is issued in the UK by Augustus Asset Managers Limited (“Augustus”), which is authorised and regulated by the Financial Services Authority in the UK (“FSA”). This document is directed only at (a) eligible counterparties or professional clients for the purposes of the FSA’s Rules, and (b) persons outside the United Kingdom. The investment described herein has not been registered under the Investment Company Act of 1940, as amended (the “Company Act”), and the shares therein have not been registered under the Securities Act of 1933 (“1933 Act”), or any state or foreign securities laws. These interests will be offered and sold only to “qualified purchasers” for purposes of section 3(c)(7) of the Company Act, who are “accredited investors” as defined in Regulation D under the 1933 Act. To the extent that this document is issued by Augustus, the investments referred to in it are only available only to the above persons, and no other person should rely on this document. Shares in the Fund are not available for sale in any state or jurisdiction in which such sale would be prohibited. Subscriptions will only be received and shares issued on the basis of the current prospectus for the Fund. This document is intended solely for the use of the person to whom it is sent and may not be reproduced or distributed to any other person. The content of this document is based upon sources of information believed to be reliable. However, no representation, undertaking or warranty (express or implied) is given as to its accuracy or completeness, and the content may change without notice.
  • 18. Stephen Moore Head Sales UK (Asset Management) Rainer N Gruenig Head Business Development UK (Asset Management) Julius Baer International Limited 64 St James's Street London SW1A 1NF   Authorised and regulated by the Financial Services Authority. Registered in England, Company No. 01120330    Direct Telephone: +44 (0) 20 7166 8176 Mobile: +44 (0) 77 4777 5236 E-Mail address: stephen.moore@juliusbaer.com Direct Telephone: +44 (0) 20 7166 8180 Mobile: +44 (0) 78 9668 2449 E-Mail address: rainer.gruenig@juliusbaer.com Phone: +440(0) 20 7166 8100 Fax: +44 (0) 20 7629 5931
  • 19. AUGUSTUS ASSET MANAGERS LIMITED Bevis Marks House 24 Bevis Marks London, EC3A 7NR Telephone +44 (0) 20 7711 6666 Fax +44 (0) 20 7929 1030 Authorised and regulated by the Financial Services Authority

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