For us the basics of asset management is that, after consulting you extensively, we built a portfolio that best suits your desires and ambitions, within the boundaries of your risk tolerance and suitability. We watch the markets and keep you informed about the relevant developments within these markets.
With bonds we look for example at the duration, the expected cash flow, risks and ratings plus the effective yield. If we view stocks, we try to diversify in such a manner that we, among other areas, cover large, mid and small cap companies, different regions and investment styles. Obviously we like to consider alternatives like real estate, commodities, hedge funds and private equity.
Asset management might be best suited for you if you don’t have the time or the desire to get involved. Persist offers asset management is different variances. As one of the few Dutch companies we can offer the Separately Managed Accounts (SMA), which offer institutional third party asset management available for both retail and institutional clientele.
A separately managed account (SMA) is a term within the investment management industry encompassing several different types of investment accounts. An SMA often is used to refer to an individual managed investment account offered by Persist through Pershing LLC and managed by independent investment management firms (often called money managers for short). These particular types of SMAs may be called “wrap fee”. These characteristics include an open structure or flexible investment security choices; multiple money managers; and a customized investment portfolio formulated for a client’s specific investment objectives or desired restrictions.