In the United States, where the average financial culture is much higher

the investment is designed as a long-term additional income and not for an immediate return. Reversal SIM in a planned and efficient way, analyzes the risks and inefficiencies that lie behind classic active portfolio management, the hidden costs of commissions and the unrealizable commercial promises, in short term.

ReVersal offers its customers a change of perspective by providing institutional services and investment strategies broadly used in the anglo-saxon investment industry, supported by academic empirical evidence, with medium long term investment horizon setting realist goals and being judge by the results achieved year on year.

We treat every private retail customer as a billionaire institution

In ReVersal we believe that each client matters no matter the amount invested, therefore we apply the best institutional practice and investment solutions to private investors mastered by the largest money managers in the world. We continually strive to update ourselves on global market trends and guide our clients to yield the benefits of an asset allocation built on test prof model portfolios and with a unique market insight provided by our investment provider. ReVersal analyzes client needs by implementing an investment portfolio with a pricing scheme in line with the U.S. market (the most efficient according to independent analysts) and in a complete transparency of direct and indirect costs. ReVersal charges a single advisory fee, inspired by international best practices. We do not hold assets conferred in advisory on behalf of the clients

To protect investors, financial instruments and cash remain deposited with selected banking institutions with which the best economic conditions have been negotiated in advance. ReVersal partner banks can offer our clients traditional banking products and credit solutions to enhance return and improve liquidity (Lombard lending, single stock lending, other tailored lending).

Most of active management fails to create value in the long term

Over a 20-year horizon, only 18% of equity funds and 15% of bond funds manage to beat the market (Source: DFA, The Fund Landscape 2022). The persistence of results - i.e. the ability to confirm themselves as top performers over time - is very weak: the probability that the best funds in the last 5 years will be confirmed in the following 5 and 10 years is equal to 5% in equities (6% in bond).

The costs associated with active management have a material impact on performance: funds with the highest costs are least likely to create value for investors. Over the past 20 years, only 6% of the most expensive equity funds have beaten the market (10% for bonds). This is an element often not considered by private investors and which in Italy is abused to remunerate the traditional distribution channel through the retrocession of most of the commissions that weigh on the products.

Our Investment Philosophy

We believe that the creation of value for the client is associated in a decisive way with the correct construction of the portfolio, tailored to the needs of each specific investor. We want to seize the opportunities that markets offer by tactically adjusting the portfolio to the various risk factors.

We pay close attention to the costs of the tools used, largely using passive/factor-based products that efficiently allow us to access the markets and products with quantitative management that aim to beat the market at low costs.

Northern Trust Asset Management supports us through its extensive and exclusive market research structure, and by making its best-in-class investment product expertise exclusively available to our retail clients at institutional prices.

We selectively use active management to seize those opportunities that less efficient markets can offer to highly specialized operators. Any commissions that are retroceded to us by the managers are fully credited back to the customers.