Asset Management Services
In the area of investment funds, there are vehicles within the reach of all asset ranges, and we have a varied offer so that our clients can find the product that best suits their needs. We highlight several fixed income funds, with a conservative profile; our star fund: the AGS Red Flame Absolute Return, a moderate profile fund based on a proven hedged equity strategy. This fund is designed to adapt to any market circumstances and avoid tail events or risks. Finally, for more aggressive clients, we have our equity funds.
The needs of our investors do not necessarily fit in with investment funds, where investments are defined in a very precise policy. For this reason, we highlight our exclusive discretionary portfolio management service. Our managers build totally tailor-made portfolios with the best alternatives on the market and applying a strategic and tactical vision that perfectly matches the investor profile and the specific needs of the client. These portfolios are aimed at high-net-worth clients with demanding needs. This service is optimal for assets in excess of 500,000 euros.
We are a great team of professionals and people, with more than 20 years of experience in asset management. We strive for excellence in service and provide value in investment decision making.
What is your investment profile?
Conservative: This category includes those clients who seek total capital preservation, so their exposure to risk is minimal. In these cases, the capital is invested in fixed income assets. This implies obtaining a lower return in exchange for enjoying total security and is therefore one of the most recommended strategies for long-term savings.
Moderate: This category includes those clients who are willing to assume a certain degree of risk in order to increase their profits. This profile basically seeks to find a balance between profitability and security. Therefore, most of the capital is invested in fixed income assets and the rest in other riskier products. With this strategy, the investor accepts that returns may be negative for a period of time and within acceptable limits.
Balanced: In this category, the client values return, but is always mindful of the risk involved in investing in equity markets; he accepts a little risk in exchange for increasing his return and not just protecting the initial investment against inflation. He tends to look for a portfolio that combines fixed income and equity investments.
Aggressive: : In this category we place those clients who are willing to take on as much risk as necessary in exchange for the highest possible return. They are not overly sensitive to market volatility. They tend to have some financial knowledge, and their time horizon is focused on the long term, so they can accept negative returns and even abrupt falls in their portfolio over short periods of time.
What is Asset Allocation and why is it important?
It consists of diversifying investments among different financial assets or markets in order to optimise performance and/or control the aggregate risk of the portfolio. Asset Allocation is responsible for much of the return a portfolio achieves.
Just as writers face the dreaded blank page before starting to write their articles and deciding what to write about, managers face the decision of which assets to invest in and in what proportion, taking into account the client's risk profile and time horizon, in order to try to achieve the goals set by the client.
The objective is to build an investment portfolio with a risk and return profile based on the needs and profile of each investor. However, this is a much more difficult task than it may seem at first sight. Part of that difficulty lies in the importance of choosing between the different asset classes: from the more traditional ones - equities, fixed income and liquidity - to other types of assets, such as commodities, currencies or alternative assets, to name a few, and in what proportion to do so. This selection and the percentages are usually made taking into account the risk tolerance and time horizon of each investor, as well as the outlook for each asset class depending on the market context.
By combining assets, the aim is to obtain a diversified portfolio so that if one or more asset classes perform poorly, the other asset classes will balance out the lower returns, or even potential losses. Conversely, if the portfolio is invested in a single asset class, the risk is greater, as everything will depend on the performance of that asset class.
At Agisa we hold weekly meetings to adjust our clients' asset allocation, so that the portfolios are constantly monitored to be able to adapt their composition and proportion to market changes if necessary. An asset allocation made, for example, at the beginning of the year may not be ideal six months later if market circumstances or prospects have changed, so it would have to be readjusted to ensure that the risk-return trade-off remains appropriate.