Elite Asset Management Launches Actively Managed Portfolio Strategy

April 8, 2010 - PRLog -- Elite Asset Management, division of Elite Investment Group announced today that it has decided to restructure its asset management offering and has outsourced a portion of its portfolio management strategy to a third party panel of fund experts who provide unbiased advice on the global economy.

"As a business we have to accept that the marketplace [Shanghai, China] cannot support a full asset management style brokerage service which has been evidenced by the fact that 95% of the business written is regular premium savings plans which are best suited to dollar-cost-averaging investment strategies rather than the active asset management approach that is required for lump-sum investments. - David Hockley, (Group CEO)

With these overriding factors in mind, the group has taken a decision to outsource the portfolio research function of its Portfolio Research Analysis Committee (PRAC) to a professional panel of fund management companies.  Elite Asset Management will now construct client portfolios following a pro-actively managed strategy based on the expert opinion of the world’s leading fund managers.  Every month this panel of fund managers provide a detailed analysis on which direction they think the global equity, bond, currency and property markets will head over the next 12 months.  Based on their consensus opinion, Elite Asset Management's portfolio team will move client funds in and out of the relevant markets accordingly.  The firms internal asset allocation fund modeling system will then be applied to select specific funds based on each client’s risk profile.  

Elite Investment Group continues to lead the industry in portfolio management and is very committed on improving the way it manages and services their client base.  Helping investors achieve their financial goals remains top priority for the group.

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Elite Investment Group is an investment management firm specializing in the creation and management of versatile finance and property investment portfolios. The group offers asset management, investment property, life insurance and mortgage services.