The Automotive Resource Network Holdings, Inc
- ARNH -
Automotive Resource Network Holdings, Inc., formerly Nationwise Capital Ventures Inc., is an asset management company. The Company specializes in managed foreign exchange investment services, foreign exchange/commodities-based hedging programs, and life insurance finance and settlement solutions. The Company operates through its wholly owned subsidiary, CD Capital Management Inc. The Company’s Managed Forex Investment, Principle Protected Forex, Life Insurance Premium Financing, Corporate Owned Life Insurance (COLI) and Secondary life insurance solutions offer investors non-equity-based investments. Its hedging solutions offer its clients protection against currency swings in multi-currency deals. In August 2011, the Company sold The Automotive Resource Network, Inc. In September 2011, the Company acquired The Automotive Resource Network.
The Company’s Managed Foreign Exchange Investment services provide an alternate investment strategy for those investors looking to diversify their investment portfolios into an asset base that is independent of stock/equities markets. Under Principle Protected Forex, CD Capital Management has primary operating responsibility for marketing and client account management for the foreign exchange managed account program and hedging services. Client management will include a set of standards and practices that streamline the entire customer experience from the initial account processing, client deposits, reporting, re-investing and redemptions.
The Company, through CD Capital Management, specializes in currency hedging. CD Capital Management monitors and manages the client hedging accounts used to place currency trades in the spot foreign exchange market, such that if the currency moves against the client’s collateral, the hedging strategy will produce off-setting returns to meet the collateral top up request from the lending institution. CD Capital Management engages in hedging of interest rates through specific futures contracts and has the capability to customize the strategy for a period of 2 to 7 years. The Company provides asset protection and life insurance-based products.