Why are AMCs (Actively Managed Certificates) Popular for Asset Managers?
With an AMC, the Asset Manager (AM) is able to run the entire portfolio with only one instrument in an extremely efficient way and at a very attractive price.
Clients can structure their off-balance-sheet, risk-segregated trading strategy. The certificate can be easily distributed among qualified investors.
What are the AMC (Actively Managed Certificate) Characteristics?
AMCs can be used for the implementation of strategic model portfolios as well as for tactical allocations. Compared to traditional AMCs issued by banks, AMCs issued out of SPVs do not bear traditional issuer risk. The AMC is issued with an ISIN in a Clearing System, making it a tradable security.
Why are AMCs in such High Demand?
The underlying idea of an AMC is the same as for an investment fund: pool investor money for a specific investment objective. At a closer look, AMCs offer many advantages that explain their popularity in recent times.
Advantages in Comparison to Traditional Asset Management Processes:
Advantages in Comparison to Funds:
Would you like to learn more about AMCs? Download our free e-brochure, where the Actively Managed Certificates (AMCs) are explained and learn all there is to know about the topic!
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