JandJ, I had a bit of a look at AIV - it appears the Top 20 own over 97% of the shares, the Top 6 over 83%.
It is basically a Chinese co with the two top shareholders directly and indirectly owning the vast majority of shares although the 2019 annual report says they own zero!!!!!!!
ASF owns just under 20% of AIV and appears itself to be a Chinese co - join the dots! It is lending money to AIV at 12%!!
My take - should not be a listed co, IMO, and probably a good alliance for AMG as there won't be any hassles - the top guy says "we r go" and they are away!!
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