The Savings Management Company

[nurmohammadkhan]

In addition to this, Fund Asset Management can be of two types : the so-called multi-manager ones , which allow diversification across funds of different managements, and the non-multi-manager ones : the latter, however, do not allow diversification and are inevitably more similar to a fund.

Who Can Provide Wealth Management Services? The Two Types of Wealth Management Firms
Usually, the entities authorized to carry out this type of activity are mainly georgia phone data divided into two groups: Savings Management Companies (SGR) and Securities Intermediation Companies (SIM), to which are added the banking players specifically authorized to provide this service.

In both cases, the relationship between the institution and the customer is of a fiduciary nature , which means that the customer entrusts his savings to the player with the aim of creating an investment portfolio, giving only general indications, directives that must be followed by the intermediary also in coherence with the type of customer he is dealing with. In this sense, the customer "trusts".

Going into specifics, let's analyze the first of the two types of asset management companies mentioned above.