/ Investment portfolios

Investment portfolios

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Experienced and highly qualified team of CBL Asset Management develops and professionally manages individual investment portfolios, taking into account:

  • Client’s risk tolerance and investment goals;
  • expected portfolio return;
  • planned investment horizon.

Advantages of an investment portfolio:

  • Portfolio is developed to meet Client’s individual needs and managed accordingly
  • Risk is diversified among different asset classes: low risk fixed income instruments, high yield bonds, equities and alternative assets
  • Structure of the investment portfolio is tactically modified according to the CBL Asset Management's outlook for financial markets
  • More favorable and convenient tax regulation, compared to personal investments
  • Liquidity – if a need arises assets can be realized on a relatively short notice
  • Potentially lower transaction costs, compared to brokerage services
  • Investment portfolio is held outside the bank’s balance sheet and thus is not subject to the related risks

1. CBL Asset Management specialists find out Client’s needs and goals, asses risk tolerance and discuss suitable investments.

2. Investment specialists develop a portfolio structure that best suits client’s specific situation.

3. Assets are invested according to the agreed portfolio structure.

4. Portfolio and the securities it contains are constantly monitored and alternative investment opportunities are evaluated.

5. Tactical asset allocation changes are implemented in the portfolio, according to the CBL Asset Management investment strategy and situation in the financial markets.

6. Client receives regular portfolio reports and can monitor it through the internet bank.

Iļja Lūsis (Head of Client portfolio management, 10 years with the company, 15 years in the industry, EMBA, MSc in Economics)
Iļja Lūsis joined Citadele group in 2007 and executed significant funding transactions and interbank cooperation projects before joining CBL Asset Management In 2009 as an investment consultant. In 2011 he started managing client investment portfolios and since 2013 is leading Client portfolio management team. Iļja Lūsis holds EMBA from the Stockholm School of Economics in Riga and MSc in Economics from BA School of Business and Finance.
Ivo Ailis, CFA (Portfolio manager, 4 years with the company, 11 years in the industry, MSc in Finance).
Ivo Ailis joined CBL Asset Management in 2014 and is responsible for management of client investment portfolios. Ivo holds MSc in Finance from the Stockholm School of Economics and BSc in Economics and Business from the Stockholm School of Economics in Riga. He is also a CFA (Chartered Financial Analyst Institute) charterholder.
Reinis Gerasimovs, CFA (Portfolio manager, 7 years with the company, 7 years in the industry, BSc in Economics and Business)
Reinis Gerasimovs joined CBL Asset Management in 2011 and is responsible for management of client investment portfolios. Reinis holds BSc in Economics and Business from the Stockholm School of Economics in Riga. He is also a CFA (Chartered Financial Analyst Institute) charterholder.
Jevgēnijs Kravčenko, MBA (Portfolio manager, 5 years with the company, 13 years in the industry, MSc in Economics)
Jevgēnijs Kravčenko joined CBL Asset Management in 2012 and is responsible for management of client investment portfolios. Jevgēnijs holds MBA and MSc in Economics degrees from Riga Business School and BSc in Economics from the University of Latvia.

Charges, fees, etc. applied by the Company relating to a customer investment portfolio: Rate/Amount
Portfolio management fee 1.00% per year
Portfolio management fee for the share of assets invested into the funds managed by CBL Asset Management IPAS 0.05% per year
Portfolio management fee if the volume of the investment portfolio is less than 10,000 EUR* 120 EUR* per year
Entry charge 0% - 1%**
Preparation of reports and statements at the customer’s request 50 EUR
Minimum amount of the investment portfolio under management 100,000 EUR*

 


* or the equivalent amount in another currency.
** depending on the portfolio’s size and risk profile.

More detailed and wider ex ante information required by laws and regulations with regard to the portfolio management service costs and charges will be presented to the Client in a personalized way along with the investment portfolio management offer before entering into the investment portfolio management agreement or making amendments thereto.

General Rules of Investment Portfolio Management

Actual

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