Management of risks is fundamental for the Group’s business. Risk management functions include:
- Risk identification and assessment
- Risk minimizing and monitoring system
- Internal control system
- Organizational structure of risk management
Internal policies of Raiffeisen Capital Asset Management Company cover identification and management of credit, operating, interest rate, legal, liquidity and reputational risks as well as regular stress-testing. We use appropriate Group methodologies to assess and manage risk level, additionally all our procedures and methodologies are revised on a regular basis.
The Company also performs regular and detailed performance analysis. Performance of funds’ holdings is analyzed weekly in comparison with benchmark constituents in an attribution report. Peer group report with the same frequency compares results of our funds with those of our competitors. Portfolio rebalancing is tracked by turnover calculation on a quarterly basis. All investment decisions are discussed at an Investment Committee that takes place at least once a month.