Private Wealth Management
Posted on Nov 16, 2000 08:15:27 AM
Asset management includes:
Mutual funds (mutual funds), and General funds of bank management (OFBU). And in the first and second cases, an individual broadcast their savings in the management of the manager of the management company (MC) or a bank. But in both these cases, it was a collective investment: from the capital of many investors to form a single portfolio, which ran a manager. In contrast, in the case of the IMU, each private investor own a portfolio consisting only of his money, that is, principle that the capital of different clients are not merged.
Individual asset management process is called a licensed property trust investor professional trustee with regard to individual wishes and preferences of the investor.
Using this service, customers can efficiently deposit free money at no extra cost and your own need to constantly monitor the market, analyze the large amount of information to make trading and other operations.
In order to implement individual asset management investor must have a sufficiently large sum of money (hundreds of thousands and millions of rubles), only when such amounts can build individual strategies and the creation of a differentiated portfolio.
If such funds would not then yield mutual funds, which are also usually give a very good interest.
At the moment this kind of business are about a fifth of the Russian market of asset management. Individual control is significantly different from forms of collective investment, the main ones are the client’s right to influence the decisions of the manager, fewer restrictions imposed on the investment strategy, and a relatively high threshold for entry into the market, that is, the minimum amount which the management company is ready to accept from the client.
- What is OFBU
- The choice of management company
- Than risk a private investor
- How the Mutual Fund
- Results for client portfolio