Portfolio Management: Roles Investment Decision Process

Asset Allocation (SAA & TAA)

Model Portfolio (Picking Investment Products)

Implementation

Controlling (Violations Standard Deviation etc.)

Investment Committee

Strategy Team PM Strategy

PM Implementation

Controlling Unit

By Marc Lussy, Senior Manager @ objtec GmbH. www.objtec.ch

Portfolio Management: RolesInvestment Decision Process

Who Decide on Strategic Asset Allocation (Benchmark) Investment Committee Change Frequency Longterm, doesn't change for several years

Decide on Tactical Asset Allocation

Investment Committee

Several times per year

Stock-Picking

Strategy Team PM

Frequently, up to once a week

By Marc Lussy, Senior Manager @ objtec GmbH.