SINGAPORE, Jan. 30, 2014 /PRNewswire/ -- World-famous soccer
coach Josè Mourinho designed a unique prototype watch and wore it
during games, press conferences and everyday activities – now the
sought-after masterpiece was bought by Liverpool devotee and The
Watch Fund founder Dominic
Khoo.
Soccer idol Josè Mourinho designed the deLaCour "Mourinho
City Ego Prototype" for the annual "Only Watch" charity auction
held by watch auction house Antiquorum. After it was sold in
2011, soccer fans and collectors all over the world tried to
acquire Mourinho's personal watch – until it has found its way to
The Watch Fund.
The investment vehicle seeks returns in high-level timepieces –
and makes Mourinho's masterpiece available for investors. "We use
our network of collectors and watch manufacturers to get the rare
timepieces such as provenance pieces, unique serial numbers or
extreme limited editions." says certified watch expert Khoo. "99.9%
of watches on the market won't increase in value, so we go out and
find the 0.1%."
Although Khoo is a devoted Liverpool fan, he would not go as far
as Liverpool's "super fan" Vijay Kopite Visva – who has his entire
back tattooed with Liverpool emblems and titles. "I never knew Josè
has a softer creative side compared to his arrogant football
genius." says Visva about the fact that Chelsea's head coach
designed his own watch.
The personal watch of "The Special One" is only one masterpiece
in the fund's portfolio. The Watch Fund ("Invest in Watches.
Wear them. Sell them for more.") allows stakeholders to wear their
investment-grade timepieces. Founder Dominic Khoo explains that stakeholders have
access to the investment-grade watches from day one: "People can
actually see, touch and wear their timepieces. Contrary to other
investment funds, our stakeholders do not hold onto a piece of
paper but get a whole portfolio of luxury watches. In this case,
they can invest in a provenance piece worn by the legendary Josè
Mourinho – and wear it every day." The investor takes over the
beneficial ownership from day one, as well as the proper
documentation and the box.
About Dominic Khoo
Dominic Khoo is a veteran in the
watch industry, having trained with the world's biggest watch
auction house Antiquorum and worked in brand management for
Girard-Perregaux. Khoo, who is also an award-winning
photographer and art collector, wrote as a watch journalist for
renowned magazines such as Prestige's Tic Talk, Real Time,
and the world's first online luxury magazine Goldarths.com.
He recently started up the watch department for British auction
house Spink, which was founded in 1666 and previously owned
by Christie's.
During his 14 years of watch collecting, Khoo spoke on watches
for several companies like The Hour Glass, UBS and
Hermes. He was also given a royal warrant for watch related
and photography services by HRH Prince Hakeem Jefri Bolkiah of
Brunei Darussalam. After more
than a decade in the watch industry, he decided to use his network
and started the Hong Kong based
investment vehicle The Watch Fund with serial entrepreneur
Simon Poon.
*Coutts (2014): Coutts Index reveals passion investments have
risen 77% since 2005, outperforming. Coutts, 06.01.2014 | www.coutts.com
Media Enquiries
For further information, please contact
Andrea Bruchwitz
Public Relations Manager
The WatchFund Limited
Phone +65 6366 4642
Mobile +65 9361 9376
pr@thewatchfund.com
http://www.thewatchfund.com