Risk Management a new driver forperformance

Portfolio asset allocation helps you to meet your financial targets while working around your constraints. It therefore requires a global approach, integrating risk factors to provide insights which go beyond separate assessments of return expectation, market volatility and the VaR of the portfolio.

Our Active Asset Allocation experts will assess your situation, your assets and liabilities, work with you to identify the actual risks you face, your targets and any constraints you have. They will then develop a customised asset allocation strategy to help you reach your targets.

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Active Asset Allocation adopts a global approach to your portfolio risk management.We assess your assets and liabilities and develop customised investment strategies. We then monitor them daily & adjust them on a monthly basis to help you to reach your targets.

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Active Asset Allocation allocates your assets according to your own definition of risk, and

is dynamic in order to adapt to the way the markets impact your portfolio.

Our experience in  Asset Management has taught us that the asset allocation approach, as it is usually practiced, can be combined with other strategies to become a new performance driver for your assets.

We place our performance tools, our expertise and our research teams at your disposal to optimise the performance of your assets.

Adina GrigoriuManaging Director

We are a digital finance company and an independent member of FinTech, comprising experts in the fields of asset management, actuaries, and academic and digital research.

Our unique methodology combines diversification, hedging and portfolio insurance, to ensure that your targets and constraints remain at the heart of the investment process at all times.

Olivier HiezelyPresident

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Our satisfied clients include...

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Portfolio analysisA new perspective on portfolio risk assessment

Developing and optimising investment strategiesYour targets remain at the heart of the investment process, using asset allocation as a new performance driver

Dynamic asset allocation, monitoring and reporting all on a digital platformConsult your portfolio at the click of a button

Distribution supportRAFA Robot Allocator For Advisors

Our fields of expertise…

Portfolio Analysis Developing and optimising investment strategies

Your portfolio

What are the actual risks for your portfolio? Do they help or hinder you in meeting your targets?We provide a customised assessment to analyse risk factors and their potential evolution across thousands of scenarios, as well as their impact on the expected risks and returns of your portfolio.We use our proprietary tools to analyse risks, adopting a vision which is both historical and prospective, to provide you with:

A detailed and quantified presentationof our analysisA list of vigilance points

Suggestions for improvements

As an independent organisation, we promise toprovide you with unbiased recommendations.

Generating prospective scenariosThe best way to plan for the future and the impact it could have on your portfolio is to simulate a large number of prospective scenarios for each asset category and analyse the potential impact of each. Our simulation methodology covers many aspects including lack of assumptions on the distribution of returns, and preserving thick-tailed distributions.

To help you to meet your performance targets while negotiating constraints, we work with you to develop:

Strategic medium- and long-term allocations

Strategic Asset LiabilityManagement (ALM) allocations

Dynamic allocation drivers

Dynamic Asset Liability Management (ALM Dynamic)allocation drivers

Horizon active asset allocations

Model portfolios

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Dynamic allocations,and investment strategy monitoring and reporting

Distribution support:the RAFARobo AllocatorFor Advisors

We work hand-in-hand with banking and

insurance groups to help their distribution

face the challenges of today’s world,

including plummeting euro fund returns and

increasingly restrictive regulations. 

RAFA is THE digital platform for the best

investment advisors! 

We implement your strategy on our digital

platform, and then monitor it daily to ensure it

remains aligned to your targets and constraints.

We propose both regular and exceptional

reallocations in the event of market crises.

We provide you with regular reports so you can

track progress and assess how close you are to

meeting your targets.

The strategy we develop for you will be the

product of the latest expertise developed from

our continual investment in research and

development.

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Focus on maximum loss controlMaximum drawdown, representing the maximum

loss from peak to trough of a portfolio, enables the

investor to calculate the capital risk incurred. This

can be used either instead of, or as well as,

traditional risk measurement tools, such as

volatility or VaR.

Portfolio drawdown management presents several

advantages for investors and their investment

manager. It particularly provides a perfect

alignment of interests, as safeguarding investor

capital also safeguards the investment manager’s

revenues.

Active Asset Allocation research has led to us

developing a unique drawdown management

methodology, combining diversification, cover and

general portfolio insurance.

Far from sacrificing returns, using portfolio

drawdown in risk management is an effective

performance driver.

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2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 EONIAState bondsIG bondsHY bondsMS bondsEurope sharesWorld sharesMS shares

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2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Managing different types of protection

Managing different asset categories

Reducing monetisation risk

Protecting a progressive level of wealth

DARM Portfolio

Maximum loss protection threshold 10%

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Our research team

We have extensive experience in

actuaries, finance, econometrics, quantitative studies, programming

and institutional and distributionalinvestment services, and our

organisation is:

Dynamic, reactive and agile

Stable, with experts trained toensure continuity of service

Scrupulous about respecting confidentiality of personal client information

Active AssetAllocation is managed by

Adina Grigoriu,

Founder and Managing Director,Actuary and Asset Allocation Specialist.

Olivier Hiezely,Founder and President,MBA EDHEC and expert in Organisational Management, Strategy and Information Systems.

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corporate@active-asset-allocation.com@ActivAssetAlloclinkedin.com/company/active-asset-allocationfacebook.com/activeassetallocation www.youtube.com/user/ActiveAssetAlloc 

www.active-asset-allocation.comwww.aaa-institutional.comwww.aaa-rafa.com

4, rue Dante 06000 Nice (Headquarters)+33 (0) 4 93 18 02 97

Financial engineering consultancy firm, registered with French insurance, banking and financial services registry ORIAS under n°13000765 and member of ACIFTE, an association certified by the AMF (Financial Market association)