Why should my clients join the Collectif Porteurs H2O Association?
The Collectif Porteurs H2O is an association of investors founded in 2020 by Gérard Maurin, himself a wealth management advisor, in order to rally the unitholders of H2O AM funds and obtain compensation for damages suffered as a result of the creation of side-pockets. In order to advocate for the greatest number of investors, we need you: have your aggrieved clients join the association and represent them with us.
Strengthen the relationship of trust with your clients
Joining the association and representing your clients before the peak of the upcoming media impact surrounding the litigation will help you strengthen the relationship of trust with your clients.
Indeed, several articles discuss the legal action in the press (for example, in Les Echos, on 29 September 2021 and Le Monde, on 20 January 2022) and encourage the unitholders to join the association. By having a proactive role with your clients, you are always better able to provide the consulting services they have entrusted to you.
Offer your clients a preferential opportunity to recover all or part of their investment
Joining the Collectif Porteurs H2O represents a unique opportunity for your customers to recover losses and shortfalls due to non-regulatory operations of H2O AM funds. This loss can be assessed here.
Joining the association will allow, through the ongoing litigation, to implement all means to recover the losses suffered by investors.
All investors holding side-pockets can join this action, even if their H2O AM investments have delivered more gains than losses over the long term.
The return on these investments is not the subject of this action. It focuses on the violation by H2O AM and its service providers of their obligations under the financial regulations to which they are subject.
Enable your clients to be represented in court
The litigation is led by lawyers specialising in financial regulation. The only participation requested from the members at the time of registration, of fifty euros, is used to cover the operating costs of the association.
Firm fees and procedural costs are paid by a third party funder, Deminor, who will only be compensated if successful. For more information, please visit our FAQs.
Risk-free for professionals and their clients
Professionals and their clients take no risk by joining the association: they are protected by the strategy of the interlocutory action for an expert witness report and by that of the future action on the merits.
The entities we are taking to court are H2O AM EUROPE and H2O AM LLP for their irregular management actions.
Investor membership through a professional will not violate the confidentiality of the information that will be communicated to the association.
Gain exclusive access to case information
The purpose of the association is to “assert and defend, by any means, the general interest of investors and professionals in the distribution of financial products”, by regularly communicating recent and reliable information to members and their representatives.
Becoming a member of the association will allow you to respond effectively to H2O AM’s failure to communicate on the irregularities in its management and on the position of the Tennor Group.