Asset management service

Interpreted in perspective and implemented in the daily practice of the "private philosophy", asset management is a personalised, high-quality investment solution built with a specific focus on the ratio of risks to benefits.


Very easy to handle: simple, transparent and quickly available.

Mission

The mission of asset management is to develop ongoing protection from risk and growth of the Customer's portfolio over time. For this purpose, advanced methods usually reserved for institutional investors are used.

Management first of all aims at limiting the volatility of portfolios, gradually increasing their value with rates that are in line with financial market trends.


From a subjective standpoint, management translates the requirements of Customers into portfolio decisions that are consistent with their expectations and their personal risk propensity.

Management styles

Based on Customers' requirements, asset management is subdivided into four types:

QUANTITATIVE MANAGEMENT:
based on mathematical/financial management models aimed at protecting all or part of capital or of the maximum performance achieved;

ACTIVE MANAGEMENT:
aimed at exceeding the benchmark by optimising on the flexibility of the portfolio in relation to market conditions;

MANAGEMENT WITH YIELD OBJECTIVE:
aimed at achieving an objective identified contractually and based on a benchmark that approximates the composition of the Customer's portfolio;

MANAGEMENT CUSTOMISED ACCORDING TO BENCHMARK:
aimed at exceeding the pre-selected benchmark, without the requirement of a significant gain, and in accordance with the customised contents of the portfolio.

Risk management:
characteristics

The characteristics of the risk management process and its activities ensure continuity and effectiveness:

INTEGRATION
with the asset allocation activity, given the structural connection between risk management and the reference portfolio;


ENERGY

constant monitoring and periodic revision of the managed portfolio, in order to avoid imbalance situations;


COMPLETENESS
continuous and timely analysis of the prospective risk component ex-ante and the yield component generated ex-post, creating added value at each step of the cycle under analysis.

Risk management:
method

The risk management process adopted in Banca Euromobiliare with respect to asset allocation activities comprises a set of "pluses" that protect, consolidate and make the manager's work universally comprehensible. This guarantees:

  • added value: the contribution of analyses and proposals to review the portfolio with thorough instruments that complement those used by the manager;
  • independence: absence of conflict of interest, as the process is managed by a specifically qualified structure that is separate and independent from the business line;
  • thoroughness and precision: ensured by the care in acquiring the data necessary for analyses from external suppliers;
  • conciseness: the final and tangible result of the process is essential;
  • communicability: the results of the analyses are simple to communicate and can be interpreted immediately, being numeric and expressed on an absolute and relative scale;
  • accessibility: the process output is objective, circumstantial and brief, and as such is easily comprehensible for Customers with some financial knowledge.