Historic Automobile Group
Encyclopedia
The Historic Automobile Group International (HAGI) is a London based research organization in the area of rare historic motorcars and collectors’ automobiles. HAGI is known for its classic car
market indices, which have been calculated since December 2008, based on a proprietary market capitalization formula called “survivor weighting”.
Founded in 2007 HAGI has strong established links with members of the financial industry in London, Asia and North America, as well as the sector for historic motorcars.
Founding members are Dietrich Hatlapa, a former managing director of ING Barings financial markets, Hardeep Sohanpal, a publishing expert and private aviation specialist. They were joined by David Selby, a senior writer and journalist in the classic car sector and index expert Bruce Johnson, an independent advisor to global financial companies and author of The Hedge Fund Fraud Case Book.
The purpose of the research initiative is to improve transparency in the sector and create the initial foundations for an investment infrastructure into this long established area of ‘passion’ investment.
HAGI runs a proprietary database of actual transactions in the sector for rare classic cars. Data is sourced from four areas: Private transactions, dealer transactions, marque experts and auction results.
HAGI describes itself as an “independent research house and think tank with specialized expertise in the rare classic motorcar sector”.
HAGI claims more than 300 individual members from more than 15 countries.
The group has developed a set of professional indices (HAGI Indices) and releases index data on a monthly basis for four indices. HAGI Top and HAGI Top ex F&P are market indices whereas HAGI F (Ferrari
) and HAGI P (Porsche
) are car marque specific indices. Index readings, other research results and market comments are published on its website Historic Automobile Group, in the Financial Times, and in Octane Magazine, a classic car special interest magazine based in the UK.
HAGI has been involved in a number of academic papers focusing on the classic car market.
Founder Dietrich Hatlapa published a reference book about the classic car market in May 2011.
Classic car
A classic car is an older car; the exact meaning is variable. The Classic Car Club of America maintains that a car must be between 20 and 40 years old to be a classic, while cars over 45 years fall into the Antique Class.- Classic Car Club of America :...
market indices, which have been calculated since December 2008, based on a proprietary market capitalization formula called “survivor weighting”.
Founded in 2007 HAGI has strong established links with members of the financial industry in London, Asia and North America, as well as the sector for historic motorcars.
Founding members are Dietrich Hatlapa, a former managing director of ING Barings financial markets, Hardeep Sohanpal, a publishing expert and private aviation specialist. They were joined by David Selby, a senior writer and journalist in the classic car sector and index expert Bruce Johnson, an independent advisor to global financial companies and author of The Hedge Fund Fraud Case Book.
The purpose of the research initiative is to improve transparency in the sector and create the initial foundations for an investment infrastructure into this long established area of ‘passion’ investment.
HAGI runs a proprietary database of actual transactions in the sector for rare classic cars. Data is sourced from four areas: Private transactions, dealer transactions, marque experts and auction results.
HAGI describes itself as an “independent research house and think tank with specialized expertise in the rare classic motorcar sector”.
HAGI claims more than 300 individual members from more than 15 countries.
The group has developed a set of professional indices (HAGI Indices) and releases index data on a monthly basis for four indices. HAGI Top and HAGI Top ex F&P are market indices whereas HAGI F (Ferrari
Ferrari
Ferrari S.p.A. is an Italian sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A. in 1947...
) and HAGI P (Porsche
Porsche
Porsche Automobil Holding SE, usually shortened to Porsche SE a Societas Europaea or European Public Company, is a German based holding company with investments in the automotive industry....
) are car marque specific indices. Index readings, other research results and market comments are published on its website Historic Automobile Group, in the Financial Times, and in Octane Magazine, a classic car special interest magazine based in the UK.
HAGI has been involved in a number of academic papers focusing on the classic car market.
Founder Dietrich Hatlapa published a reference book about the classic car market in May 2011.
Classic Car Indices by HAGI
- HAGI Top, market cap weighted index for the total market of rare classic cars.
- HAGI F, market cap weighted index for rare Ferrari classic cars.
- HAGI P, market cap weighted index for rare Porsche classic cars.
- HAGI Top ex P&F, market cap weighted index for the total market of rare classic cars other than Porsche and Ferrari.
Senior research staff
- Dietrich Hatlapa
- Bruce Johnson
- Hardeep Singh-Sohanpal
- David Selby
- Ludovic Lindsay
Council
- Karl LudvigsenKarl LudvigsenKarl Ludvigsen . Cum Laude graduate of Phillips Exeter Academy and attended both the Massachusetts Institute of Technology, studying engineering, and Pratt Institute where he matriculated in industrial design...
, automotive consultant and historian - Fergus MacLeod, head of investor relations BPBPBP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
plc. - Philip Basil, former head of RBSRoyal Bank of ScotlandThe Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
asset management - Dr. Warren Eads, founder, Spydersports, USA