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Investments typically account for a significant portion of a de novo's income during the early stage development when loan production is still ramping up. Longer-term, investments fulfill an even more vital role, supplementing income during periods of slow loan growth; consequently, "tenured" financial institutions typically have 20% to 25% of their assets in investments. Shay's specialty is helping financial institutions ensure this substantial portion of their balance sheet is managed effectively, efficiently and in a manner consistent with the larger balance sheet needs.
Shay's Fixed Income & Trading Division provides the complete set of resources required to manage investments in-house and our Asset Management Division offers de novo managers the unique opportunity to attend to other aspects of their business while enjoying the benefits of professional management, diversification and liquidity offered in Shay's six institutional Funds. All of these Funds are designed and managed specifically for financial institutions.
- Individual security & Investment Portfolio Analytics
- Bond Analytics specific to financial institutionals
- Market/Security-specific Education/Intelligence
- Investment Policy
- Investment Accounting
- Investment Safekeeping
In 1982, Shay Assets Management, Inc. pioneered the use of mutual fund products for investment by regulated financial institutions (banks, thrifts, and credit unions) with the introduction of the Asset Management Fund ("AMF"). Today, the highly acclaimed Asset Management Fund is a mutual fund company comprised of 6 professionally managed fixed income Funds designed to meet the investment and liquidity needs of financial institutions. These Funds provide de novos the expertise, liquidity and flexibility they need to manage their start-up operations efficiently and cost-effectively.
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