What is discretionary management?

Building a house means creating a future for yourself, your children and your family. Of course you need walls and a sturdy roof, but there is much more to consider: deciding where to put the windows and doors, planning for renovations and extensions, and making sure you have the right number of bedrooms. This is too lengthy and too sizeable a project to carry out alone. Your vision, your chosen architect and skilled tradespeople are all essential for its completion.

Your financial assets deserve the same level of attention, and that is where discretionary management comes in. Managing your financial assets means building a future for you, by ensuring your financial security and that of your loved ones. As part of a discretionary management service, you give your bank a mandate to manage your assets in your name and on your behalf, in accordance with the investment strategy defined with you in advance.

Your wealth must be structured and managed in a way that is flexible, solid and robust enough to help you weather the storms as best possible and achieve your long-term objectives.

Portfolio managers are the architects of your financial wealth. They consolidate the bank’s expertise to help you build lasting assets, as well as giving you regular reports. They are professionals who assist you in developing your vision, delegate to experts on your behalf and watch over your investments on a daily basis to minimise any current and future risks you might face.

At Banque Internationale à Luxembourg (BIL), we do everything we can to stand by our commitments to diligence and quality, with the aim of building a lasting relationship with you. Backed by a team of specialists, your portfolio manager constantly analyses the market in order to strike the right balance for you between risk and returns.

While information now travels at lightning speed, the sheer quantity of data appears overwhelming and short-termism seems to be prevailing, your portfolio manager remains true to the mantra that common sense - in the long term - is paramount.

Their primary objectiveis to achieve long-term performance at all stages of the market cycle and to protect your capital at best. They will look for performance wherever it is, with a watchful eye on the risk taken in return.

To find out more about discretionary management, please contact BIL’s investment experts. They will be happy to advise you and help make your financial goals a reality.