Global Risk BBVA Asset Management

Global Risk BBVA Asset Management

The quality of risk management is one of the identifying traits of BBVA Asset Management and, therefore, a core priority for its actions. The combination of prudent risk management, along with the use of advanced management techniques, has proven to be decisive in obtaining returns and, in short, in creating value for the participants and shareholders of the collective investment institutions and pension funds managed by the different companies making up this unit.

The main goal of Global Risk Asset Management is to ensure that the significant risks that affect the collective investment institutions and pension funds managed by the companies to which service is provided have been duly identified, evaluated and quantified, and that the appropriate control systems have been implemented to mitigate them. Of these we must emphasize market risk, credit risk, counterparty risk, liquidation risk and liquidity risk, where there is a large number of qualified personnel to identify and control them, with extensive experience and knowledge and the necessary tools.

Management risk is based on four fundamental mainstays:

Global Risk


Risk areas are separated from operating units so that risk management activities are conducted with enough independence and autonomy to suitably control risks.

Customer service:

The risk areas generate quality information that lets investments be made according to the investment strategies, targets and risk profile of the collective investment institution or pension fund in question. Thus, a thorough, transparent and independent risk process is shaped as a crucial factor to guarantee suitable management of the commitments taken on with customers and regular reporting on their quality investments.

Systematic and permanent control:

On a daily basis, the pertinent risk areas supervise, measure and manage the risks inherent to the collective investment institutions and pension funds managed by the different BBVA Asset Management companies. The management and control systems for different risks comply with the most demanding criteria and employ the best practices in the industry.

Global reach:

The homogeneous application by all BBVA Asset Management companies, regardless of their geographic location, of the principals and criteria considered basic for suitable risk management, respecting the regulatory requirements in force in every country, is considered a crucial factor and, to this end, have employed all necessary resources and technology.

This objective requires permanent updating of the regulations applicable to risk management in the different regions where BBVA Asset Management companies are present, of the general risk policies and methodologies and of the best practices of the financial industry for asset management, with a target to constantly improve and move forward.