An interview with Martina Vallendar, Head of Investment Management at Adepa
As financial markets continue to face unprecedented challenges, Investment Managers are tasked with navigating through uncertain terrain to secure optimal returns for investors. In the midst of these challenges, Adepa’s Investment Management Department remains committed to providing expert guidance and support to our clients.
In this article, Martina Vallendar, Adepa’s Head of Investment Management, provides insights into Adepa’s approach to investment management navigating today’s dynamic market environment.
1. The current market conditions present heightened volatility and evolving regulatory landscapes. What are the primary activities that Adepa’s Investment Management Department is focusing on amidst this context, and how do these activities support clients in navigating through these challenges?
We are closely observing market shifts, especially given the recent volatility influenced by factors such as earnings reports and interest rate announcements. Moreover, the evolving sentiment over Artificial Intelligence and technology companies is bringing fundamental figures back into focus. We are constantly monitoring how these factors impact asset allocation decisions, along with considerations of inflation rates, interest rate cuts, and geopolitical events, which are leading Investment Managers towards more active strategies.
Our commitment lies in providing proactive market surveillance and client-oriented support, which are core competencies at Adepa
2. Where do you see the most challenging aspect for Investment Managers facing this market scenario?
The most challenging aspect for Investment Managers is navigating the complexities of a regulated market while seeking optimal returns for investors.
While regulation ensures investor protection, it also presents significant challenges in the investment decision-making process. Balancing the pursuit of higher yields with compliance rules is crucial yet difficult. Pre-trade compliance controls play a vital role in mitigating risks and enhancing performance. Our team emphasizes efficient implementation of pre-trade controls to ensure compliance with regulatory requirements and fund-specific guidelines.
3. In the implementation of a robust investment compliance practice, especially in the face of evolving regulatory landscapes and the need to balance performance with adherence to compliance rules, what specific areas would Adepa’s Investment Management team prioritize to ensure regulatory compliance and optimize investment strategies?
In the implementation of pre-trade controls, Adepa’s Investment Management team prioritizes several key points to ensure regulatory compliance and optimize investment strategies.
- Deep understanding of the regulatory environment
- Simulation of asset allocation to align with fund strategy and objectives
- Daily monitoring of portfolio changes
- Sanctioned security checks in light of increased geopolitical uncertainties
- Consideration of subscription/redemption policy for effective cash and liquidity management
- Implementation of alerts and limit warnings to manage compliance rules in volatile markets
- Utilization of electronic connectivity for real-time data updates
With expertise in servicing UCITS and AIFs across various asset classes, our team is committed to assisting clients in all aspects of Investment Management. We offer ongoing support and guidance, assisting clients in navigating market uncertainties effectively.
Our services include comprehensive portfolio management, investment compliance, trading execution, and performance monitoring.
By offering personalized support and maintaining a client-centric approach, we aim to be a trusted partner in our clients’ investment journeys.