WEALTH AND ASSET MANAGEMENT THOUGHT LEADERSHIP

Do your clients’ portfolios hide risks to your profitability?

Prometeia workshop - London, 11th September 2018

 

Wealth Management firms advise their clients on what to invest in, and the revenues of the organization are dependent on the growth in those investments.  How do you test the effect of markets on your revenues and profits?

Adverse market conditions clearly present a series of risks to clients, whose portfolios could potentially lose value, but are a danger to investment firms as well. If AUM falls, both fees and reputations can be affected.

Investor protection legislation, and in particular suitability controls which measure risk at the portfolio level, go some way in limiting retail investors’ exposure to the degree they desire.

Wealth managers too should aim to understand and monitor the risks which their clients’ portfolios expose them to, and just as they rebalance single portfolios when limits are breached, so too they should take action when the aggregate client portfolio as a whole becomes susceptible to market shocks.

Prometeia, a consultancy and a provider of software solutions whose roots are in econometric and macroeconomic forecasting, organized a seminar on Risk which described a client portfolio risk monitoring framework which incorporates the risks borne by firms arising from the aggregate composition of client assets, and shared relevant client experiences.

Michele Leoncelli, Senior Partner, Head of Data & Analytics, Wealth & Asset Management Area of Prometeia, will talk about:

  • Lessons learned from massive stress testing of retail investor portfolios
  • Estimated effects on aggregate AuM
  • Incidence of investors experiencing significant potential losses
  • Suggested risk monitoring and mitigation framework

Haney Saadah, Senior Manager, Asset Management & Capital Markets Risk & Regulation Advisory - EY EMEA, will discuss the broader regulatory and risk considerations facing the front office when managing or advising on client money. Mr. Saadah will also talk about the key regulatory and risk implications of emerging technology in the provision of investment services.

The event is being held in London and it is by invitation only. For further information: event@prometeia.com.

Prometeia workshop - Do your clients’ portfolios hide risks  to your profitability?
 
 
 
 
 
 
Agenda
16:30 
Registration and welcome coffee
17:00 
Welcome and introduction
Massimo Pedroni
Senior Partner, Head of International Business - Prometeia
17:10 
How your clients’ investments put your profits at risk
Michele Leoncelli
Senior Partner, Head of Data & Analytics - Prometeia
17:30 
Key risk and regulatory trends affecting wealth and asset managers 
Haney Saadah
Senior Manager, Asset Management & Capital Markets Risk & Regulation Advisory - EY EMEA
17:50 
Q&A
18:10 
Final wrap-ups and greetings
Massimo Pedroni
Senior Partner, Head of International Business - Prometeia
 
 
 

Prometeia's speakers

Michele Leoncelli, Senior Partner Prometeia
A partner at Prometeia since 2015, Senior partner since 2018. He is Head of Data Analysis Services for the Wealth Management & Personal Finance Area. He oversees a range of Wealth Management initiatives for the market’s most important financial institutions, including consulting projects and implementation of wealth management solutions, and is also involved in the research and methodological development of the Practice. His expertise covers wealth management service models, business planning, regulatory compliance, investment management, risk management, quantitative finance and data science.

 
 

Massimo Pedroni, Senior Partner Prometeia
A partner at Prometeia since 2015, Senior partner since 2018. He is Head of International Business - Enterprise Risk Management Area since 2014, he coordinates the activities of the overseas branches of the Group based in London, Istanbul, Moscow, Beirut and Lagos. A graduate with honours in Banking Economics from the University of Modena in 2000, he completed a Master’s in Finance at London University. Before returning to Prometeia, he worked for KPMG and Lloyds TSB in London as head of the Model Governance & Validation department. His many years of experience as a Risk Management consultant have seen him work in over fifteen countries, managing major projects in Austria, Germany, Russia, Turkey, Central-Eastern Europe and the Middle East.