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Chris Kalin, the ‘Passport King’, excels as both a prolific SEO and high-end copywriter, showcasing his fluent English proficiency.



**The Rise of Chris Kalin: From “Passport King” to Quantitative Trader**

**Chris Kalin: The “Passport King” and His Fortunes with Arnova Capital**

Chris Kalin, also known as the “Passport King,” has made a name for himself in the business of offering citizenship to wealthy individuals. However, he has also quietly amassed a significant fortune through a side venture in quantitative trading. Kalin, along with his co-founder Pendo Lofgren, runs Arnova Capital, an investment firm specializing in systematic trading strategies. Through this venture, Kalin has achieved remarkable returns of about 2,000% since the early 2000s.
 
**Arnova Capital’s Success**

Arnova Capital, based in Zug, Switzerland, has garnered significant attention with its success in trading energy prices during the pandemic and capitalizing on the GameStop trading frenzy. These ventures have helped the firm’s current assets under management surpass $250 million. As market volatility has increased, prompting some investors to rely more on external money managers, Kalin, who has at least $100 million invested in Arnova, has shifted his focus to managing his own fortune.

**The Wealth Preservation Strategy**

Kalin’s philosophy revolves around creating more wealth as the ultimate means of wealth preservation. He joined Henley & Partners, a wealth management and immigration consultancy, in the late 1990s when it was relatively unknown. Since then, the company has helped governments raise $12 billion through citizenship and residency programs while advising multimillionaires on acquiring convenient passports. Henley & Partners regularly publishes an index of the world’s most powerful passports, with Asian and European nations dominating the top rankings.

**A Shift in Wealth Management**

Kalin’s success with Arnova reflects a broader trend of wealthy individuals taking more control of their finances, challenging traditional private banks and investment firms. Even some of the largest billionaire-focused firms are opening up to outside investors, expanding their services, and adopting more sophisticated strategies. Arnova is following suit by launching fund-like products for external investors, in addition to managing funds for a small group of rich families and individuals.

**Trading Style and Market Insights**

Kalin, along with his partner Lofgren, uses systematic trading strategies to profit from excessive market optimism or pessimism. In recent years, they have ventured beyond their usual strategies to make substantial bets on fossil fuel companies during the pandemic, as well as on Coupang Inc. when it faced growth concerns. They also made headlines shorting GameStop in 2021, witnessing substantial gains as the stock price plummeted. Kalin acknowledges the challenges they faced but remains committed to their investment decisions.

**The Entrepreneurial Journey of Chris Kalin**

Born and raised near Zurich, Kalin initially pursued a career in banking before joining Henley & Partners. Apart from his involvement in the citizenship-by-investment industry, he has also founded SIP Medical Family Office, a Swiss health-advisory company, and has built a vast global real estate portfolio. Most of Kalin’s liquid wealth is invested in Arnova Capital, which charges performance fees. While he prefers not to disclose the value of his other assets, his success in the trading industry is a testament to his acumen and entrepreneurial spirit.

**Identifying New Opportunities**

Kalin, along with Lofgren, currently sees potential in valuations in shipping-tanker companies listed on smaller stock exchanges and Latin American oil producers following the election of left-wing political leaders. While they are aware of family offices investing in Arnova’s funds, the exact number of outside investors remains unknown to them. They prioritize focusing on investments and outsource administrative functions to banks and brokerages.

In conclusion, Chris Kalin, the “Passport King,” has not only revolutionized the citizenship-by-investment industry but has also built a fortune through his involvement in quantitative trading with Arnova Capital. His success reflects the growing trend of wealthy individuals taking greater control over their finances and challenging traditional wealth management practices. With his trading strategies and market insights, Kalin continues to identify new investment opportunities and secure his position as a prominent figure in both industries.



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