1 AURIGA GLOBAL INVESTORS SOCIEDAD DE VALORES, S.A . INDEX 8 - - PowerPoint PPT Presentation
Cuesta del Sagrado Corazn 6-8 ,28016 Madrid Telf.: 913 244 200 - Fax: 913 244 204 1 AURIGA GLOBAL INVESTORS SOCIEDAD DE VALORES, S.A . INDEX 8 Philosophy 4 Fixed-Income Our Offices 21 Equity 9 History 5 Auriga EEUU 11 ClickTrade
Cuesta del Sagrado Corazón 6-8 ,28016 Madrid Telf.: 913 244 200 - Fax: 913 244 204
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AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
Philosophy History
Fixed-Income Equity Auriga EEUU ClickTrade AurigaBonos Our Investment Funds Our SICAVs Wealth Management Hedging Advisory Services Funding Optimization
Our Offices
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4 5 8
9 11 13 14 15 16 17 18 20
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Since our launch, we have built trust based on the following principles:
changing environment.
day-to-day basis.
with which we work.
lines that meet the financial needs of our clients, partners and shareholders.
believe that recognition by the company is a reflection of their work. Today, we are in the best possible position to continue building a great financial services company.
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SOCIEDAD DE VALORES, S.A.
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Auriga Global Investors was founded in 2007 with a strong commitment to meet the financial and investment needs of our clients, partners and shareholders. Our main goal has always been the pursuit of excellence through the best professionals in each business line. Fixed-income and equity teams were the first to join the company, and are the foundation on which we are building our business. The challenging environment of the financial crisis encouraged us to establish Auriga USA. Since our inception, we have also made a firm commitment to retail business, both in fixed–come, with Auriga Bonos, and in equity, with Click Trade. Our perseverance and long-term commitment to projects and people have led us to emerge from the crisis in a stronger position.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
2007
Ambition
Income
2008
Confidence
2009
Work
2010
Growth
2011
Consolidation
Advisory Services
2012
Renewal 5
Optimization
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
Our independence and objectivity have allowed our company to obtain excellent results in an adverse economic and financial environment. We provide comprehensive wealth management services adapted to our clients’, as well as customized solutions to their needs. Auriga has a multidisciplinary team with proven professional experience in wealth management and investment services, and is present in all major financial markets worldwide. The company has offices in Madrid, Barcelona, New York, Chicago, San Francisco, Santa Monica and Westlake Village. Auriga is a member of the following markets and
Auriga Global Investors SV, S.A. Madrid, Barcelona and Valencia stock exchanges Eurex (German derivatives market) AIAF (Fixed-income market) MAB (Alternative stock market) Latibex (Latin American Securities Market) Iberclear (Clearing & Settlement) Auriga USA LLC Broker-dealer member of the NASDAQ market (authorized by the SEC) FINRA (Financial Industry Regulatory Authority) Auriga Investors SICAV was incorporated on October 20, 2009 in Luxembourg. It was registered by the CSSF, which supervises different funds. Auriga’s partners are proactively involved in the development and growth of the company. The employees hold part of the shareholding of the company. Auriga Global Investors stands out for its high level of specialization and proven professionalism. The company has opened new business lines in order to meet all the financial needs of its clients.
6 Auriga is one of the leading companies in the fixed-income and equity markets in Spain.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
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Auriga Global Investors’ fixed-income desk has established itself as one of the leading fixed-income teams in Spain and Europe.
Our aim is to provide the best service to the main Spanish and European financial institutions in the trading of fixed- income securities. The trading volume of the desk has been growing annually to such a level that it is currently one of the leaders in the sector. A large team staffed by professionals of different nationalities allows us to provide services to clients across
professionalism enable us to trade a very extensive range
securitizations, mortgage-backed securities, senior and subordinated financial bonds, etc. Our proprietary portfolio is one of the key elements in achieving our objectives. Our traders manage this portfolio day-to-day to extract the highest possible profitability within well-defined risk parameters. The management of this portfolio is also an indispensable tool to provide our clients with immediate liquidity. During the last financial crisis, marked by volatility, Auriga has become a benchmark for providing a way out to securities whose liquidity was almost nil. We believe that
liquidity at all times.
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At the forefront of innovation to provide
Auriga Global Investors is a member of the Madrid, Barcelona and Valencia stock exchanges and provides execution services to its resident and non-resident institutional customers in the following markets: Spain - BME Germany - XETRA France, Holland, Belgium and Portugal – EURONEXT Italy – Borsa Italiana Switzerland – SWX-VX Finland, Norway, Sweden and Denmark – OMX London – LSE USA – NYSE y Nasdaq
1 Description of the service
spectrum of needs our customers may have in a highly demanding international environment, from the most sophisticated IT system (DMA-Direct Market Access) to the traditional telephone monitoring service. Our team of highly qualified professionals is one of the most innovative in the Spanish market and has more than 25 years’ experience in front office, middle office and back office operations, as well as in the fields of technology and regulatory requirements of the national and international markets in which it operates.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
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3 Middle & Back Office
applications (ABOT – Auriga Back Office Tools), through which it meets the most demanding reporting needs, with the highest standards of regulatory compliance and information transparency. Reconciliation of files at market closing with a summary
Issue of any kind of report or confirmation adapted to clients’ requirements to be sent by fax, via email, via FTP, etc. Daily monitoring of the clearing and settlement process
Coordination of the process between the market, the client and the clearing & settlement entity.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
Types of front-office service: 1.Routing Service Execution of orders in stock markets with direct access to them (order-routing service). Auriga has developed and implemented the most sophisticated
nanoGAIN. Auriga nanoGain is a FIX-based order transmission engine approved by the most important stock exchanges in the world, including the Spanish stock market. The speed (latency) of nanoGain is measured in microseconds and is the best on the Spanish market.
Execution of orders in several stock exchanges in which trades are conducted with the assistance of a
telephone, email, via Bloomberg, or by any other means of communication generally accepted in the markets.
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2. Front Office
Notification to customers of any rejection of orders and exceptional circumstances that may affect the normal
Daily reporting to clients on financial markets events and news:
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
The managers of the Structured Products team have extensive and recognized experience in the structuring and placement of products for an accumulated amount of $100 billion. The Structured Products Department also provides services related to the analysis, cash-flow analysis, issue and distribution of the following products.
Our team of professionals has extensive experience in the market and delivers services to more than 500 institutional clients.
The company has offices in New York, Chicago, San Francisco, Santa Monica and Weslake Village. Our management team specializes in the following securities and products: Residential Mortgage-Backed Securities (RMBS) Traders managing this team have accumulated more than fifteen years’ experience in the property sector. They also have prior experience in portfolio management, structuring, and management of risk. Our main institutional clients include hedge funds, insurance companies and banks. Auriga USA has the capacity to issue, evaluate, distribute and operate the following products guaranteed by residential mortgage loans:
residential whole loans).
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AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
XZERTA was created with a view to providing financial services to customers from the renewable energy sector for all the stages of their projects development: funding; capital raising; direct capital investments; co- development of projects. Xzerta currently operates in the U.S. and the Caribbean. Our core team of dedicated professionals has extensive experience in power purchasing agreements, lease or rental of plots and sites, and placement of debt securities. The company has an extensive network of clients in the U.S. and Europe.
Our team of professionals has extensive experience in the market and delivers services to more than 500 institutional clients.
Auriga USA also invests in a wide range of alternative assets:
program.
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Since our launch in 2007, ClickTrade’s efforts have been focused on offering a high-quality service to our clients guaranteed by the valuable experience in the sector gained by our dynamic, professional and highly skilled team. Clients may access the stock and derivatives markets in
information and execution. ClickTrade’s cutting-edge platform guarantees our clients professional execution. ClickTrade offers its clients the safety of trading with a Spanish company with solid financial results, registered with the CNMV and a member of the FOGAIN (the Investors Compensation Scheme for clients of Spanish investment firms).
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
The online broker to trade stocks, CFDs, futures, forex and options. 13
The bonds: profitability and safety Bonds are marketable debt securities issued by companies and governments that represent the loans granted by investors to such entities. Fixed-income securities entitle investors to receive fixed periodic interest payments (coupons) and the return of all or part
Issues listed on aurigabonos.es are the most liquid in the world and their issuers are the most important governments and companies in the global landscape. Almost 2,000 fixed-income issues. Government debt securities and corporate bonds from the most important companies in the world. 200 private issues and 30 governments issues. Maturity terms from 3 months to 40 years. Geographically and sectorally diversified issues. Zero coupons, fixed coupons, variable coupons and step- up coupons. Constant admission of new issues.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
The most comprehensive service on the Spanish fixed-income market for individual investors, with transparency and liquidity. 14
Our service makes the difference Binding trading with transparency in online prices. Automatic settlement of securities transactions. Guaranteed liquidity for all the bonds. Real-time monitoring of positions. Quotes from the main European fixed-income markets. Depth-of-market window with up to 5 positions per bond. Continuous trading from 09:00 AM to 17:30 PM (CET). There are no hidden spreads or charges. Auriga Global Investors’ unique position as a leader in the fixed-income market, the latest innovations in financial technology and the increasing demand for investment alternatives for individual clients have led us to create www.aurigabonos.es, the first and only online trading platform with binding prices for more than 2,000 bonds.
Our aim is to provide our clients with the investment funds that best suit their investment profile.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
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AZ Total Return Fund UCITS IV Long/Short Equity Belgravia Lynx UCITS IV Long Equity European Global Allocation FI FI Global Flexible Mixed GFE Aequitas Fund UCITS IV Multi-strategy M2T Multi-Strategy UCITS IV Multi-strategy M2T Multi-Strategy Plus UCITS IV Multi-strategy Montserrat Global Fund UCITS IV Long / Short US Biotechnology Rho Investments SIL SIL Global Macro S2A2 Trading Opportunities SIF Multi-strategy Vitrio Real Return UCITS IV Absolute Return
Our aim is to provide our clients with the investment funds that best suit their investment profile.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
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Gesbolsa Inversiones SICAV Long Equity Global Kirites de Inversiones SICAV Mixed Defensive Global Valenciana de Valores SICAV Long Equity Global
Access to a comprehensive wealth management service.
The extensive experience of our Wealth Management Solutions team, combined with our dedication to help investors to attain their investment goals, are the fundamentals that have led us to become a benchmark company in the private banking sector. Our working method is based mainly on the principles of independence, discipline, diversification, and an informed
advanced tools on the market, have led us to gain the trust of our clients, building long-term success relationships.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
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Our work is based on a strict, CUSTOMIZED investment process that consists of the following stages:
Our team consists of professionals who come from the trading departments of the major national and international financial institutions.
Our highly experienced team provides hedging advice on clients’ specific operations or their overall risk, encompassing all the problems related to risk
and commodity risk management for capital risk funds, energy and property funds, and family offices. Hedging advice is especially important in a context marked by:
the risks associated with them.
clients.
Our advisory service is based on:
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Risk assessment
to evaluate the interest-rate risks of the client, different scenarios of the evolution of the interest rate curve are simulated.
exchange rate risk.
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SOCIEDAD DE VALORES, S.A.
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2
Market and Product Advice
before it changes.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
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Advice on trading and hedge closing
4
Monitoring and restructuring of Hedges
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We provide access to public and private funding through capital markets.
The optimization team, which consists of professionals who come from major Spanish financial institutions, specializes in the origination and syndication of fixed- income issues. Auriga offers a wide range of financing solutions adapted to the actual needs of companies. Our funding
clients/issuers and inventors to understand their financing and investment needs. Their expertise and knowledge of the financial industry, the products and the economic environment, make the team the perfect interface between clients/issuers and investors. This team also cooperates with other departments in the company in the search of alternative investors who provide funding adapted to the credit profile of clients/issuers.
Services and Products
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Corporate Finance
Financial advice Asset financing Valuation of companies Corporate development Financial advice: Debt restructuring and refinancing.
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Capital Markets
TAP Convertible bonds Structures: first loss, etc. Securitizations Private placements Underwritings Project bonds Advice: capital structures Capital Increases Mergers & Acquisitions Promissory notes Bonos: secured/unsecured, senior/ subordinated, bullet/ amortizing, fixed/ floating FRN, Zero-Coupon, at discount, etc.
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
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MADRID
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
BARCELONA NEW YORK CHICAGO SAN FRANCISCO SANTA MONICA
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WESTLAKE VILLAGE
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
NEW YORK CHICA GO SAN FRANCISCO SANTA MÓNICA
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BOSTON
Madrid
Calle Cuesta del Sagrado Corazón, 6-8 28016 Madrid Tlf.: (+34) 91 324 42 00 Fax: (+34) 91 324 4204
San Francisco
50 California Street Suite 1500 San Francisco, CA Tlf.: (+001) 415-277-5954
New York
546 5th Avenue 9th Floor New York, NY 10036 Tlf.: (+001) 646-998-6400
Santa Monica
2500 Broadway, Building F Suite F-125 Santa Monica, CA 90404 Tlf.: (+001) 424-238-4384
Barcelona
Edificio de la Bolsa de Barcelona Paseo de Gracia, 19 08007 Barcelona Tlf.: (+34) 934-013-773
Westlake Village
2945 Townsgate Road, Suite 200 Westlake Village, CA 91361 Tlf.: (+001) 805-719-2730
Chicago
30 South Wacker Drive 22nd Floor Chicago, IL 60606 Tlf.: (+001) 312-674-4981
AURIGA GLOBAL INVESTORS
SOCIEDAD DE VALORES, S.A.
Cuesta del Sagrado Corazón 6-8 - 28016 Madrid Telf.: 913 244 200 - Fax: 913 244 204
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