A fund manager, asset manager or investment manager is an independent advisor in charge of managing the wealth or assets of private and institutional clients. Being completely independent, their management is focused on maximizing asset performance and minimizing costs, thereby favoring client growth.

Bendio partners with leading private banks and financial intermediaries (brokerage platforms) in Switzerland and the United States, which selection depends on the objectives and profile of each of our clients.

Bendio charges a flat annual fee for its portfolio management (management fee) and a variable percentage (performance fee) depending on the gains achieved during the calendar year. The primary objective is for the manager’s returns to be correlated to the client’s account growth.

Bendio works with a segregated portfolio management format where the client opens a relationship with a bank or a financial intermediary on their behalf and grants Bendio a limited power of attorney to transact in their account. The investment advisor cannot make withdrawals and deposits from the account as it is under the full control of the client.

Bendio’s best practices and operations are audited annually by bodies linked to the Superintendency of Securities (FINMA). The regulator demands strict compliance with certain processes. The financial and accounting information is audited by private firms recognized in Switzerland.

It is a comprehensive service provided by some fund managers, which centralizes all the wealth management of a family group, including tax, fiscal, financial, real estate, succession planning, among others. Bendio is characterized by providing an exclusive Family Office service to clients who have this need.

The first step is to open an investment account with one of our proposed counterparties and then we present you with our portfolio of available alternative investments.

Bendio works on a case-by-case basis, evaluating the potential to grow the relationship, as well as the medium-term plan. However, the minimum for wealth management clients is around USD 50,000.

There are different groups of assets in the financial markets such as stocks or indexes, energies, bonds or fixed income, metals, grains, soft commodities, currencies, among others. Each asset has characteristics, for example, stock indexes have a clear upward bias while energies are characterized by their volatility. A good management should be able to maintain a sustainable performance by making an optimal combination of assets.

A backtesting or historical simulation is a process where the fund manager tests the robustness of an investment strategy using a particular data window. The simulations allow us to understand the nature, profile, and mathematical expectation of the strategy.

It is a credit granted by the counterparty where the client has his account, which has as collateral the investment portfolio. Its amount will depend on the securities held in the portfolio. That is to say, it is possible to leverage the portfolio according to the quality and the securities held as underlying. With an intelligent use of this leverage, returns can be improved at certain market junctures.

It is a contract through which the client authorizes its regulated advisor, in this case Bendio, to execute an agreed investment strategy, excluding the possibility of making deposits or withdrawals in the holder’s account. The main advantage of having a Limited Power of Attorney ¨LPA¨ is that the advisor or portfolio manager will be able to make decisions more quickly and take advantage of opportunities that are framed within the client’s risk profile.