Asset and investment management is a broad term that encompasses a range of strategies and approaches that all aim to protect and grow the assets of an individual or organisation. Sometimes the terms asset management and wealth management are used interchangeably, which can be misleading. There are, in fact, some key differences between the two approaches when it comes to stewarding and growing wealth.
There are some considerable perceived advantages to in-house asset and investment management when it comes to pension funds and other shared company investments. Compared to outsourcing, it can often seem like an in-house approach gives a company more flexibility and discretion.
Is that really the case, and are there any potential pitfalls if you decide to manage assets in-house?
Asset and investment management companies are charged with taking care of the finances of companies, institutions and individuals. They have a role not only to safeguard wealth but also through intelligent investment advice and decision making to help grow that wealth. They will do this in line with their client’s objectives and own particular appetite for risk.
Asset and investment management services should be bespoke and focused on the requirements of the clients. Asset and investment managers should take the time to quantify the client’s capacity and willingness to live with volatility. They should then carefully develop an investment and wealth management strategy that is regularly revisited and revised over time.
When it comes to determining the success of your trading activities, a key component is your choice of online stockbroker. While there are few guarantees when it comes to trade execution, a skilled, knowledgeable and accessible stockbroker can increase your chances of success.
John Gunn, executive chairman at SynerGIS Capital, said: “Given the exponential growth of the industry these past five years, it is inevitable there will be some form of consolidation in the future”.
John Gunn, executive chairman at SynerGIS Capital, said that challenger banks would employ every tool at their disposal – including rebrands – to differentiate themselves to customers.