Management of private portfolios

Portfolio management for private persons - a special relationship

Pioneer Fund Management Ltd. presently also takes care of securing and increasing the value of private properties within the framework of private asset management constructions. We do not see the private portfolio management as a simple mandatory relationship, but a kind of real partnership that is at least as personal and trustful as the client-private banker partnership round the turn of the 19th century.

Assessment of the performance-risk expectation of our clients

The most important thing is that we handle every single potential customer according to his/her individual risk tolerance level. We support our partners from the very beginning with investment advice and analytical information on the market processes. We aim continuously at bringing to perfection the portfolio that represents the best way the expectations of our clients regarding risk, performance and liquidity. In order to accomplish that goal, the meetings with our clients are regular - not only at the beginning of the co-operation, but also later on throughout the length of the relationship.

Continuous information flow, mature report system, analysis

During the portfolio management, our clients get a biweekly, detailed asset value report about the changes of the value and of the composition of their assets and the transactions done. Beyond that, we supply analysis and comments on the market happenings. On top of the professional abilities of the portfolio managers the highly trustable custodian system guarantees the security of the managed assets.

Transparent and controllable cost structure

The private portfolio management service - open for private persons - is available from HUF 50 million as far as the value of the portfolio is concerned. The portfolio management fee is calculated on the basis of the yearly average capital managed. This fee also contains the costs that are independent from the asset manager: deposit guarding, transfer and currency conversion fees. This way the cost structure of the portfolio management constructions is simple and easily traceable.

Global coverage - local attention

Within the frame of the asset management contract not only the domestic money and capital market instruments are accessible for our partners, but the access to the global capital market is a part of the everyday business operation. Within that we offer government bonds and AAA rated corporate bonds traded in the markets of the USA, Western-Europe and Central-Europe, stocks that are listed on the leading burses and other instruments when we work out the investment policy. It is also possible to form a targeted portfolio that focuses on a certain region and/or a certain asset class (e.g. only US stocks or EURO government bonds). Our asset management professionals are all the time reachable through telephone for in-depth information regarding market analysis, financial technicalities for our partners. Either by e-mail or in person, these services are crucial part of the asset management process.