Risk management

Experienced and skilled, the Risk Management team is composed of 5 members.

Risk Management Policy for funds (internal and/or delegated)

General Risk Budget:

Performance monitoring
Volatility, tracking error, commitment and VaR follow up and constraints
Liquidity follow up
Formalization of risk exposure

Risk Management for internal funds

For Equity funds:

Sectorial allocation constraint (with transparency)
Country allocation constraint (with transparency)
Forex exposures

For Fixed Income funds:

Credit risk budget
Follow up and constraint on countries and rating allocations
Follow up of sector
Follow up of flagged issuers

For Balanced funds:

Each sub fund will be followed as an Equity or a Fixed Income funds
In addition: monitoring and constraint of the potential asset allocations