Cost-effective and efficient portfolio structure

At a glance

  • Independent assessment of the portfolio structure
  • Knowledge of risks inherent in the investment vehicles
  • Identifying potential for optimization and cost reduction

Portfolio structure

Portfolio structure refers to the implementation of the investment strategy. The analysis of the portfolio structure serves to identify the risks and show the potential for raising efficiency and reducing costs.

Mandate structure

Recommendations on mandate structure: ideal number, size and type of mandates or financial products.

Investment guidelines

Drawing up investment guidelines for asset managers ensuring compliance with both the legal requirements and the principles of modern risk management.

Investment vehicles

Analysis of possible risks associated with the products used: counterparty risks, legal risks, concentration risks.

Investment style

Identifying the pros and cons of different investment styles (e.g. active vs. passive asset management) as well as recommending the ideal combination of them.

Benchmark

Working out and establishing benchmarks, bandwidths and rebalancing mechanisms in line with the strategy.

 


Contact persons

Scherer_Hansruedi_grau_klein.jpg

Dr. Hansruedi Scherer
Partner
Contact

Skaanes_Stephan_grau_klein.jpg

Dr. Stephan Skaanes
Partner
Contact


Publications

Move left Move right
Is faith in past winners justified?

Is faith in past winners justified?

Rankings of top performers are publicly available for retail funds. However, databases for institutional mandates (segregated accounts and institutional funds) are still incomplete and rare. For our historical simulation of picking past winners we use a set of track records that were submitted by asset managers as part of public and non-public mandate tenders for institutional clients in Europe.

Challenges Pension Funds Face due to Low Interest Rates

Challenges Pension Funds Face due to Low Interest Rates

Risk-averse asset-only investors should go for short duration as risk return is distributed highly asymmetrically.

Is factor-based allocation new?

Is factor-based allocation new?

Factor-based allocation may be theoretically interesting for Swiss pension funds but it is hard to implement in a practical way.

Swiss Investors demand CHF hedged share classes

Swiss Investors demand CHF hedged share classes

Hedged options in funds denominated in foreign currencies are becoming a tap priority for Swiss Investors after the franc's rough ride during the summer months.

 


Factsheets

Analysis of the portfolio structure

2013-10-30_Factsheet_Portgoliostruktur.PNG