Website Disclaimer October 2024

Important Legal Information & Terms of Use

By using the Cape Capital website (“Website”), you declare that:

By clicking “Accept all” you acknowledge and accept the following Important Legal Information and Terms of Use:

About this Website

The content of this Website (including microsites) has been prepared by Cape Capital AG, with its registered address at Utoquai 55, 8008 Zurich, Switzerland (“Cape Capital”), duly registered at the commercial register of the Canton of Zurich with number CHE-109.617.147. and contains the views and opinions of the particular individuals and is for general information and marketing purposes only. All copyrights and other rights, included but not limited to logos and registered trademarks relating to the entire content of the Website are reserved exclusively to Cape Capital or the specifically designated right holders. Any use, in particular the reproduction or publication in full or in part is permitted only with the prior written consent of Cape Capital. Cape Capital may from time to time suspend the operation of this Website for repair, maintenance or improvement work, or in order to update or upgrade its content or functionality. Cape Capital may also change the format, content and/or access of this Website at any time at its sole discretion without notice. Although Cape Capital believes that information provided on this Website is based on reliable sources, content on this Website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. Therefore Cape Capital cannot assume responsibility for the quality, correctness, timeliness or completeness of the information contained herein. Unless otherwise stated, the numbers/figures on the Website are unaudited.


Regulatory Status & Ombudsman

Cape Capital is a regulated asset manager of collective assets according to the Federal Act on Financial Institutions of 15 June 2018 (FinIA) and supervised by the Swiss Financial Market Supervisory Authority FINMA, Laupenstrasse 27, CH-3003 Bern, Switzerland (FINMA). The Website contains information about various collective investments (“Funds”) which may have been registered or otherwise notified for distribution and marketing in the jurisdiction you have selected. Please note, that such registration or notification does not mean that the Funds are suitable for all investors and their investment objectives, financial situation and risk profile. As an asset manager of collective assets, Cape Capital is, among others, subject to the rules under the Swiss Financial Services Act (FinSA), the Swiss Collective Investment Schemes Act (CISA) and the Swiss Financial Institutions Act (FinIA).Cape Capital is affiliated to the following Ombudsman according to FinSA: Finanzombudsstelle Schweiz (FINOS), Talstrasse 20, CH-8001 Zurich, Switzerland. For further information, please refer to the General Client Information Document available on the Website which forms an integral part of these Conditions.


No Solicitation, Offer, Recommendation or Advice

Nothing contained on this Website constitutes a solicitation, an offer or a recommendation to buy or sell any Cape Capital Funds or other financial instruments, nor does it constitute any form of personal investment advice which takes into account your personal circumstances. Cape Capital does not provide investment, legal, tax or other advice through this Website and nothing herein should be construed as such advice. Cape Capital does not represent that any Cape Capital collective assets or financial instruments mentioned on this Cape Capital website are suitable for any investor. Investment or other decisions should be made solely on the basis of the relevant product and/or service documents (prospectus/offering memorandum, fund contract/articles, key information documents, financial reports) of the respective collective investment. If not a Cape Capital client, it is strongly recommended to contact a professional financial advisor, tax consultant or other qualified expert in order to determine whether an investment in a Fund or other financial instrument corresponds to the specific requirements and preferred level of risk of the investor.


US Persons

Any collective investment schemes mentioned on this Website may, unless explicitly stated otherwise, not be offered, sold or delivered to United States (U.S.) citizens or persons resident or incorporated in the U.S. and/or other natural or legal persons whose income and/or returns, regardless of origin, are subject to U.S. income tax, as well as persons who are considered to be U.S. persons pursuant to Regulation S of the U.S. Securities Act of 1933 and/or the U.S. Commodity Exchange Act, in each case as amended from time to time.


Risk Considerations

The provision of financial services and investments in Funds and other financial instruments involve opportunities but also bear risks, including the risk that the value of investments and the income therefrom may fall or rise and investors may not get back the full amount invested or may even lose all of their investment. Investors should ensure to have fully understood such risks before taking any investment decisions. Cape Capital strongly advises to consult the brochure “Risks Involved in Trading Financial Instruments” of the Swiss Bankers Association (SBA) as well as  the relevant documents of the respective Fund or financial instrument and to seek professional investment advice before taking any decision to invest. Investors should note, that these Conditions do not represent a complete statement of risks associated to a Fund or a financial instrument. Past performance is no indication of current or future performance. Performance data do not include commissions and costs incurred by investors when subscribing or redeeming Fund shares.Investments, in particular collective investments in private equity, venture capital and other illiquid assets involve an above-average degree of risk, including the risk that losses may even exceed the original investment and should be seen as long-term in nature.


No Warranties

The use of this Website, including any information accessed, downloaded or otherwise obtained through the Website is at your own risk. This Website, together with all content, information and materials contained therein, is provided “as is” and “as available”, without any representations or warranties of any kind, whether express or implied, with respect to the Website, and all information and functionalities contained therein.


Limitations of Liability

IN NO EVENT SHALL CAPE CAPITAL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, CONSEQUENTIAL OR OTHER DAMAGES (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF DATA, BUSINESS OR PROFITS) ARISING OUT OF OR IN CONNECTION WITH THESE CONDITIONS, THIS WEBSITE, THE INABILITY TO USE THIS WEBSITE OR ANY INFORMATION OBTAINED OR STORED THERFROM. Cape Capital excludes any liability for any loss, damage or alteration of any kind including but not limited to transmission to losses, delays, misunderstandings, unauthorized interception by third parties, duplication or fraud, except in the event of gross negligence on the part of Cape Capital. Any transmission or download of information is entirely at your own risk.


Use of Links

The hyperlinks on the Website are only provided for information and convenience purposes. Cape Capital is not responsible for the content of external websites that link or are accessible from this Website. Cape Capital does not assume any responsibility or liability with respect to any website accessed via this Website. Please note that when you click on any external website’s hypertext link you will leave this Website. You should review the privacy statements of such websites carefully before you provide any personal or confidential information.


Electronic Communication Channels

The use of electronic communication channels, in particular unencrypted e-mails and text messages, is associated with various risks which may include, but are not limited to, the risk of transmission errors, alterations or duplications, the risk of interception or manipulation of content and the risk of introducing malicious software (malware) by unauthorized third parties. By using such electronic communication channels, you accept these risks and agree to bear any resulting losses or damages.

Data Protection and Privacy Settings

Cape Capital has established a Cape Capital Privacy Notice, which forms an integral part of these Conditions. It explains how personal data is collected and processed at Cape Capital, including this Website. Cape Capital uses cookies to personalize and improve site experience. You can at any time change or withdraw your consent from the Cookie Declaration on the Website. Your consent applies to the following domains: capecapital.com. Your current state: Consent accepted or Consent rejected. Manage your consent.


Applicable Law and Jurisdiction

The access and use of this Website, and these present Conditions are governed by substantive Swiss law with the exclusion of the conflict of law principles. The place of jurisdiction is Zurich, Switzerland.

Last Update: October 2024

Your preference will be securely stored for the next 30 days.

DeclineAccept All

To access the website, the terms and conditions need to be accepted.

View terms
Preferences

This Cookie Policy explains what cookies are and how we use them, the types of cookies we use i.e, the information we collect using cookies and how that information is used, and how to control the cookie preferences. For further information on how we use, store, and keep your personal data secure, see our Privacy Policy. You can at any time change or withdraw your consent from the Cookie Declaration on our websiteLearn more about who we are, how you can contact us, and how we process personal data in our Privacy Policy.Your consent applies to the following domains: capecapital.com

Accept all cookies

These items are required to enable basic website functionality.

Always active

These items are used to deliver advertising that is more relevant to you and your interests.

These items allow the website to remember choices you make (such as your user name, language, or the region you are in) and provide enhanced, more personal features.

These items help the website operator understand how its website performs, how visitors interact with the site, and whether there may be technical issues.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Peanuts: A study in value(s)

FOLIO Edition I
Arts & Culture

Zurich-born artist Nino Miloni reveals the extraordinary depth hidden inside ordinary objects

At first it seems straightforward: a pile of peanuts, bought from a budget supermarket for 20 cents and weighing exactly 125 grams, sits alongside a 24-carat gold cast from a single peanut also weighing 125 grams.

No, it isn’t some kind of edible maths problem, but an artwork by lawyer-turned-conceptual artist Nino Miloni; an edition of which was recently acquired by Cape Capital. In Miloni’s words; ‘Peanuts has many layers and meanings; that’s what makes it interesting.’ he says. 'I am not judging which one is better – the gold one or the real peanuts – that’s up to the observer. That’s why I deliberately made them the same weight.'

'Conceptually, it was crucial for me to go to these extremes'

The piece was inspired by his childhood growing up in Switzerland and, specifically, the sixth of December tradition of ‘Samichlaus’; handing out jute bags filled with sweets. ‘I remember eating all the chocolates, gingerbread and cookies, until I was left with the peanuts, which were a filler. That was my starting point: to appreciate the little things in life like peanuts which seemingly have no or little value—which I overlooked when I was young.’

Fast forward to today and, having bought his stash of peanuts, Miloni photographed 10 of them to post on Instagram where he asked friends and followers to vote for their favourite (‘like a beauty contest,’ he quips). The most popular was then sent to Altmann Casting, a family-run specialist in precious metal casting, where a 3D print of the real peanut was made in wax, followed by a gold cast. ‘I bought the cheapest peanuts I could find from a nearby branch of Lidl, and whilst I could have made the golden peanut hollow, I chose to use solid 24-carat gold,’ he explains. ‘Conceptually, it was crucial for me to go to these extremes’.

While a viewer’s initial instinct might be to hone in on the precious metal peanut, is that really the right choice?

One interpretation relates the artwork to the value systems of individuals, and society more broadly; how wealth can be determined by factors other than money. 'If you were on a remote island, stranded and starving with nothing to eat but peanuts, would you still go for the gold? Is it of any help? Which you choose is all relative to your situation,’ says Miloni.

Another of the many ways of looking at it came from his mother, who forwarded a passage from a book she was reading, ‘Kintsugi: Finding Strength in Imperfection,’ by Céline Santini. ‘The text suggested that humans should be like hardworking squirrels, collecting their own little supply of happiness. If every day you collect your happy moments (like a squirrel hoarding peanuts), whenever you find yourself feeling down, you can immerse yourself in their positivity. Those precious moments are the gold in your life.’

'It’s a brilliant representation of how we see things and how we want to be seen'

Cape Capital founder Alex Vukajlovic also had an instant reaction when he first saw Peanuts. ‘I knew that’s exactly what should be by our front door,’ he recalls. ‘As a company, from the outside, we might look the same as everybody else but we are definitely not the same. It goes for our team, our investments, our firm—our job is also to find that gold peanut. It’s a brilliant representation of how we see things and how we want to be seen.’

Although Miloni won’t draw on what the piece personally means to him, he will say that it is partly symbolic of the extremes in his own life. ‘On the one hand, there’s the gold peanut. I like nice things: travelling the world, staying in fancy hotels and drinking really good wine. Yet, not least because of Covid-19 and the lockdowns, I have started to re-appreciate small everyday moments; having a deep conversation with close friends, walking my dog, enjoying the scent of rain in the air. It was a reminder that there is value in so much more than materialistic pleasures.'

'Something doesn’t always have to be big to be beautiful'

His first neon art exhibition was four years ago. Since then, all of his works have been based around everyday objects. ‘Neon isn’t such an obvious genre in art collections, but it’s bright, fun and catches people’s attention,’ he says, citing some of his earlier pieces such as 'Hold and Let Go', an oversized wooden clothes peg, and 'Traps', which centres around a human sized mouse trap, parts of it being rebuilt in bright, shining red neon. ‘For this, I was inviting people to think about what the traps are in their lives, whether money or something else. I used red neon to play around with the idea of death, underlining the danger and bloody aspect of a mousetrap.’ Since then, Miloni has branched out, experimenting with other mediums and more recently, working on quieter works—of which Peanuts is certainly one. ‘I’m moving towards smaller sculptures, maybe to make the point that something doesn’t always have to be big to be beautiful,’ he says.

Another equally quiet piece is Fortune Cookie (a version of which has previously been exhibited at Cape Capital). ‘I ordered many fortune cookies and again chose the most appealing one. We scanned it in, printed it out with a 3D printer and painted it Baker-Miller Pink, a shade that was invented by Dr. Alexander Schauss, an American psychologist in the 1970s. This very special pink is said to have a calming effect and is generally very dear to me’ he says. Fortune Cookie also has a small, but very bright screen, a motion detector and a microprocessor, so that whenever someone approaches the piece, a fortune cookie quote is randomly generated. ‘When I was talking with employees at Cape Capital about it, one said how every morning when she arrived at the office, the first thing she did was walk up to the Fortune Cookie. She told me that somehow the quote predicted her day. It’s interactive and fun: like a horoscope, you don’t really believe the quote but part of you does.’

Next up is a series based around SPAM, the canned meat. ‘Philippe David, the gallerist with whom I had my first solo exhibition came for dinner and gave me a can as a present. From the very first moment, it looked really attractive; a little Pop Art. But it was only later, after I had done some research, that I discovered that our common understanding of spam (as in a junk email, or sometimes unwanted content on social media feeds like Instagram), derives from this food product which dates back to the 1930s’, says Miloni. ‘It was given to soldiers to eat in WWII but later, after a famous Monty Python sketch, it became symbolic for something that you don’t want in your life. For me, SPAM also stands for the complete sensory overload that many of us experience today.'

New works will include a large scale LED of the SPAM logo in Baker-Miller Pink as well as small, pink concrete sculptures in the same size as the original tin of SPAM.

Ultimately, like the rest of his work, these new creations will hopefully make people think. ‘I am happy if my art is an impetus for collectors and other observers to contemplate life and its purpose, and to reflect on their own challenges,’ he concludes. ‘Peanuts, for instance, is literally just peanuts and gold—simpler than other works of mine but at the same time, so much more.’

In this article
Written by