The Company's purpose is to invest and trade in movable assets in its own name and on its own account, and in particular to acquire, hold, administer and dispose of collectibles, including watches, works of art, jewelry, books, vehicles and rare alcoholic beverages. The Company also aims to acquire, hold, administer and dispose of real estate and real estate participations, except in cases where the Federal Law on the Acquisition of Real Estate by Foreigners of December 16, 1983 prohibits it, and to provide administrative and consulting services in management to third parties active in business in general and in particular in the fields of hotel management and real estate management. The Company may also provide financial and investment advisory services, as well as management services, to entities and individuals related to it (but not to unrelated third parties). Furthermore, the Company may, in Switzerland and abroad: - engage in the active management, in its own name and on its own account, of its available liquidity and by trading in financial instruments such as bonds and other similar instruments, currencies, derivatives and structured products, precious metals, shares of investment funds, as well as participations in all other companies; - create subsidiaries and branches, and, more generally, participate in all enterprises and entities having a direct or indirect relationship with its purpose; - carry out, either on its own account or on behalf of third parties, all operations directly or indirectly related to its purpose or likely to promote it; - grant loans or guarantees to its associates, affiliated companies or third parties; and - conduct any other business activity that may be opportune.