What can an Asset Management Company do?

[nurmohammadkhan]

The Savings Management Company is a financial intermediation institution and is the only legal entity under Italian law that is authorised to provide the collective savings management service .

Asset management companies (also known by the acronym SGR) are divided into two types , based on some specific characteristics .

The first is that of the promoter savings management company , which germany phone data occurs in the case of promotion, establishment and organization of mutual investment funds and administration of relationships with participants . The second typology, instead, is that of the manager savings management company , which occurs in the case of management of the assets of OICR (Collective Investment Undertakings for Savings), of its own or other institutions, through the investment having as its object financial instruments, credits, or other movable or immovable assets .

Both types of SGR, when carrying out their functions, must respect certain limitations : not only those indicated in the fiduciary mandate received from the client, but also those established by the regulations, which precisely identify the contours of their scope of action.

The main activity of asset management companies is, as one might imagine, the creation of a portfolio for each client through which to invest the collected funds .