The core activity of Laaken Asset Management is managing individual portfolios. The asset management mandate is executed in the client's account at a depository bank of choice. Laaken has agreements with renowned Dutch or foreign custody banks through which the asset of the clients can be managed.
Reporting to the client is done directly by Laaken, either every quarter or conforming the clients wish. If desired, the report can be expanded by consolidating multiple security deposits and assets outside the Laaken mandate.
In accordance with the agreed risk profile, the portfolio will track either a Defensive or Balanced model, or can be custom made. The portfolio it set up to fit the objectives and financial situation of the client.
Laaken offers complete transparency and works with a simple and clear pricing structure. The asset management mandate starts after the deposit of cash or the transfer of an existing portfolio.
The asset management fee amounts 1/4% per quarter over the capital up to EUR 5 million and 1/8% over the exceeding amount, calculated based on the quarter end capital, plus 21% VAT for EU residents. The minimum amount for an individual portfolio is EUR 1 million.