Novus Asset Management

What Novus Asset Management does

Novus Asset Management S.A. is a Buenos Aires-based, privately held Argentine asset management firm registered with the CNV (Comisión Nacional de Valores) as a Sociedad Gerente under registration No. 61. The company operates a 21-plus mutual fund (FCI) platform — Money Market, Peso Fixed Income, USD Fixed Income, Balanced, Equity, and SME Credit strategies — totaling approximately ARS 290 billion (~$290M+ USD) in combined AUM. Share classes A through H segment individual (Persona Humana) and institutional/legal-entity (Persona Jurídica) investors with differentiated minimums (from $1,000 to ARS 10,000,000,000) and management fees ranging from 0.50% to 4.00% annually, plus 9% performance fees on three flagship active strategies (Novus Performance, Novus Capital, Novus Retorno Total).

The business model is recurring management-fee driven, with optional performance-fee economics on active strategies. Funds are distributed through PP Inversiones S.A. (Grupo PPI's licensed distribution agent, CNV Nos. 38/73/686) and deposited/custodied by Banco de Valores. The platform runs on a Macroeconomics Committee (with PPI's research team) and an internal Portfolio Investment Committee that drive strategy and asset allocation. Technology infrastructure centers on a self-serve client portal (clientes.novusam.com / FondosNet) for account opening, holdings, and performance tracking, complemented by a daily Performance Attribution publication and regular Counterparty / Open Investment Committees.

The firm is a subsidiary of Grupo PPI (Portfolio Personal Inversiones), providing ecosystem integration with the parent group's distribution network and research functions. Investor segments are split between retail individuals (Classes A/C/E/G) and corporate/institutional accounts (Classes B/D/F/H), with named customer logos undisclosed in the source data. The leadership team is small (1–10 employees per firmographic records) and includes Gabriel Arguissain (CEO), Miguel Canale (President), Paula Premrou (Vice President), Cristian López (Director), and Fabricio Gatti (Investment Manager). Geographic reach is exclusively Argentina, regulated solely under CNV's domestic framework.

Name

Novus Asset Management

Legal name

Novus Asset Management S.A.

Website

https://novusam.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Novus Asset Management is an Argentine CNV-registered mutual fund manager (Sociedad Gerente No. 61) operating a 21-fund platform across money market, fixed income, equities, dollar-denominated, and SME strategies, serving retail and institutional investors through the Grupo PPI distribution network.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

akta.pro secondary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Mutual fund management
• Asset management services
• Portfolio management services
• Fixed income funds
• Investment fund management

Headquarters

HQ city

Buenos Aires

HQ country

Argentina

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Management Fees: Novus Asset Management charges management fees (honorarios de sociedad gerente) on their mutual funds, ranging from 0.50% to 4.00% annually depending on the fund and share class. Fees are calculated daily on the fund's net assets and collected monthly.
2. Performance Fees (Honorario de Éxito): Certain funds charge success/performance fees. Novus Performance charges 9% performance fee from June 11, 2024; Novus Capital charges 9% from November 20, 2024; Novus Retorno Total charges 9% from October 30, 2025.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Novus Asset Management is an Argentine asset management firm (Sociedad Gerente) registered with the CNV under N° 61 that manages approximately 22 mutual funds (Fondos Comunes de Inversión / FCIs) across money market, peso and dollar fixed income, balanced/multi-strategy, equity, and SME asset classes. It offers differentiated share classes for retail (Persona Humana) and institutional (Persona Jurídica) investors with varying minimum investments and management fees (0.50%–4.00% annually), plus performance fees on selected funds. The firm's value rests on investment oversight by a Macroeconomics Committee partnered with PPI's research team and an internal Portfolio Investment Committee.

Product overview

Novus Asset Management SA is a mutual fund management company (Sociedad Gerente) registered with the CNV under No. 61, offering a diversified suite of 22 mutual funds (FCIs) spanning multiple asset classes, currencies, risk profiles, and investment horizons. The product lineup operates as a multi-fund platform organized around distinct investment strategies: (1) Money Market / Liquidity: Novus Liquidez (T+0 peso money market), Novus Liquidez Plus (T+1 TAMAR-linked fixed income), and Novus Dólar MM (dollar money market); (2) Peso Fixed Income: Novus Renta Fija, Novus Estrategia (market-vision-driven fixed income), Novus Valor (official dollar-linked), Novus Gestión II, Novus Renta Capital, and Novus Low Volatility; (3) Dollar Fixed Income: Novus Renta Dolar, Novus Capital, Novus Ahorro Dolares; (4) Balanced / Multi-Strategy: Novus Balanceado, Novus Renta Balanceado, Novus Multiestrategia, Novus Gestión, Novus Income, Novus Renta Mixta, Novus Retorno Total; (5) Equities: Novus Renta Variable; and (6) SME / Alternative: Novus Abierto Pymes. The funds share common infrastructure — managed by Novus Asset Management SA, deposited at Banco de Valores, and distributed through the PP Inversiones / Portfolio Personal Inversiones distribution network — while offering differentiated strategies ranging from conservative money market to aggressive equity exposure. Several funds carry tiered class structures (Classes A through H) targeting different investor profiles (individuals vs. institutions) with varying minimum investments and fee schedules.

Differentiator

Problem solved

Functional benefit

Brands

• Novus Liquidez: Money Market fund offering cash management and maximizing yield through short-term placements
• Novus Liquidez Plus
• Novus Estrategia
• Novus Valor
• Novus Performance
• Novus Balanceado
• Novus Renta Balanceado
• Novus Income
• Novus Gestión
• Novus Multiestrategia
• Novus Renta Fija
• Novus Renta Mixta
• Novus Renta Dolar
• Novus Capital
• Novus Renta Capital
• Novus Gestión II
• Novus Ahorro Dolares
• Novus Retorno Total
• Novus Low Volatility
• Novus Renta Variable
• Novus Dólar MM
• Novus Abierto Pymes

Products and services

• Novus Liquidez A peso money market fund that maximizes returns by arbitraging term deposits, investing primarily in interest-bearing accounts, sight deposits, and fixed-term deposits, with immediate T+0 redemption. Targeted at investors seeking capital preservation with daily liquidity.
• Novus Liquidez Plus A short-term peso fixed income fund that arbitrages wholesale fixed deposit rates (TAMAR), investing in treasury bills, fixed-term deposits, and money market instruments with T+1 redemption. Targeted at investors seeking TAMAR-linked yield with daily-plus-one liquidity.
• Novus Estrategia A peso fixed income fund that seeks to maximize returns based on the investment committee's market vision, investing in fixed and floating rate bonds, inflation-linked bonds, Badlar-linked bonds, and official dollar-linked bonds, with T+1 redemption. Targeted at investors seeking active management of peso fixed income exposure.
• Novus Valor A fund that seeks medium-term performance comparable to the official exchange rate evolution (BCRA Communication 'A' 3500), investing in assets that adjust their capital by the official dollar or synthetic instruments replicating that exchange rate, with short to medium duration and T+1 redemption. Targeted at investors seeking official-dollar-linked returns in pesos.
• Novus Performance A total return / 'house view' fund that captures the best investment ideas from the investment team, investing primarily in fixed income assets of different adjustment types and currencies and adapting to market changes, with T+1 redemption. Accrues a 9% success fee since June 11, 2024. Targeted at investors seeking active, idea-driven total return strategies.
• Novus Abierto Pymes An SME-focused fund that invests at least 75% of its assets in SMEs, qualifying as a specific-purpose fund. Invests primarily in checks, promissory notes, and ON Pyme instruments with the highest market ratings, with T+2 redemption. Targeted at yield-seeking investors interested in SME-backed instruments.
• Novus Balanceado An actively managed balanced fund that can invest in fixed income and/or variable income assets depending on market conditions, investing in bonds of different risk profiles, adjustments and currencies, with potential equity exposure. Targeted at investors seeking dynamic asset allocation.
• Novus Renta Balanceado A balanced fund that seeks returns through active portfolio management, investing primarily in sovereign and corporate risk instruments, with T+1 redemption. Targeted at investors seeking balanced exposure to Argentine fixed income markets.
• Novus Income A fund that seeks long-term returns in pesos through a diversified portfolio, investing primarily in fixed income from different issuers, with T+1 redemption. Targeted at investors seeking long-term peso-denominated fixed income exposure.
• Novus Gestión A fund that seeks long-term returns in pesos through a diversified portfolio, investing primarily in fixed income from different issuers and variable income, with T+1 redemption and a 0.50% management fee across all classes. Targeted at long-horizon peso investors.
• Novus Multiestrategia A multi-strategy fund that seeks long-term returns in pesos through a diversified portfolio of assets, with T+1 redemption and tiered minimum investments. Targeted at investors seeking diversified multi-strategy exposure.
• Novus Renta Fija A fund that seeks to generate returns by investing in a portfolio of peso fixed income assets, primarily bonds of different risk profiles, adjustments and currencies, with T+1 redemption. Targeted at investors seeking dedicated peso fixed income exposure.
• Novus Renta Mixta A mixed income peso fund that invests primarily in fixed income and variable income assets, with T+1 redemption and a 0.60% management fee across all classes. Targeted at investors seeking moderate mixed-asset exposure.
• Novus Renta Dolar A dollar-denominated fund offering a diversified portfolio seeking total return, investing primarily in Argentine fixed or variable income instruments as well as regional instruments based on market vision, with T+2 redemption. Targeted at investors seeking USD-denominated mixed income exposure.
• Novus Capital A diversified dollar-denominated fund under active management that captures the best USD investment strategies, investing in Argentine sovereign bonds, Bopreales, and corporate bonds with equity exposure limited to no more than 10% of assets, and T+2 redemption. Accrues a 9% success fee since November 20, 2024. Targeted at investors seeking active USD investment strategies.
• Novus Renta Capital A peso fixed income fund with 24-hour redemption, investing primarily in fixed income assets, with a 1.70% management fee across all classes. Targeted at investors seeking short-duration peso fixed income exposure.
• Novus Gestión II A fund that arbitrages short-term rates to achieve peso returns above the Badlar rate, investing primarily in peso-denominated government bonds and notes, first-line corporate bonds, provincial bonds, fixed deposits, and money market operations, with T+1 redemption. Targeted at investors seeking above-Badlar short-term yields.
• Novus Ahorro Dolares A dollar savings fund that seeks capital appreciation through investment in a diversified portfolio of dollar-denominated fixed income assets with a short-term investment horizon, investing primarily in short-term dollar bonds including Bopreales, Argentine government bonds, US Treasury bonds, and USD money market operations, with approximately one-year duration and T+1 redemption. Targeted at investors seeking USD savings instruments.
• Novus Retorno Total A fund that seeks long-term returns in pesos through a diversified portfolio of assets, investing primarily in fixed income and variable income, advised by Bloq Capital SAS (AP PJ 1609), with T+1 redemption. Accrues a 9% success fee since October 30, 2025. Targeted at investors seeking advised total return strategies in pesos.
• Novus Low Volatility A low-volatility fund that arbitrages short-term rates to achieve maximum possible returns, investing primarily in peso-denominated treasury bills, first-line bonds, provincial bonds, fixed deposits, and interest-bearing accounts, with T+1 redemption and 0.80% management fee. Targeted at investors seeking low-volatility peso yields.
• Novus Renta Variable An equity fund that generates medium- to long-term capital appreciation through investment in stocks while maintaining a diversified portfolio with active management based on market conditions, with T+1 redemption. Targeted at investors seeking long-term equity (variable income) exposure.
• Novus Dólar MM A dollar money market fund that preserves capital in dollars and offers daily liquidity (T+0) while seeking competitive returns through low-risk, high-quality credit instruments, investing primarily in short-term dollar instruments including foreign currency fixed deposits, interest-bearing accounts, and caución (repurchase) operations. Targeted at investors seeking USD cash management with daily liquidity.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• PP Inversiones S.A.coreChannel Partner/ Reseller/ DistributorPP Inversiones S.A. is the primary distribution agent for Novus Asset Management funds, registered as Agente de Liquidación y Compensación Integral under CNV N° 686, and as Agente de Colocación y Distribución de FCIs under CNV N° 38 and N° 73. They provide intermediation for acquisition and sale of securities, custody services, and act as the contracting entity for clients.
• Banco de ValorescoreOthersBanco de Valores serves as the Sociedad Depositaria (depositary bank) for all Novus mutual funds, providing custody, settlement, and asset safekeeping services. It is a key infrastructure partner in the fund distribution ecosystem.
• Portfolio Personal Inversiones (PPI)coreStrategic or Co-development PartnerPPI is the parent group of Novus Asset Management. Novus is a company of the Grupo PPI that provides a differential and unique service offering. The Macroeconomics Committee is formed with PPI's research team, and Novus operates within the PPI ecosystem.
• Bloq Capital SASminorImplementation/ SI/ Consulting PartnerBloq Capital SAS acts as an advisor to the Novus Retorno Total fund (registered as AP PJ 1609), providing advisory services for the fund's investment strategy.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ICBC Investments Argentina: Asset management arm of ICBC Argentina (Industrial and Commercial Bank of China subsidiary), managing mutual funds across fixed income and balanced strategies. Comparable given institutional client focus and CNV-registered FCI platform, though bank-affiliated.
• Banco Macro Asset Management: Bank-affiliated asset management arm of Banco Macro, one of Argentina's largest private banks. Offers a broad FCI platform leveraging captive deposit base for distribution. Comparable to Novus on product universe but with structural distribution advantages from parent bank's retail footprint.
• Santander Asset Management Argentina: Local asset management subsidiary of Grupo Santander, offering a diversified FCI platform across multiple strategies and currencies. Comparable to Novus on product breadth but with global parent backing, larger balance sheet, and integrated bank distribution.

Direct peers

• Consultatio Asset Management: Mid-to-large Argentine asset manager running a diversified FCI platform including money market, fixed income, equities, and dollar funds. Comparable to Novus given similar product breadth, retail/institutional dual-channel distribution, and active management style.
• Galicia Asset Management: Largest Argentine mutual fund manager, subsidiary of Grupo Galicia. Operates a similar multi-fund FCI platform across money market, fixed income, equities, and balanced strategies, serving both retail and institutional clients through a bank-affiliated distribution network. Direct comparable given overlapping product universe and target market.
• Delta Asset Management: Argentine asset manager offering mutual funds across money market, fixed income, equities, and dollar-denominated strategies. Direct competitor to Novus in the independent (non-bank) FCI segment serving retail and corporate clients.
• AdCap Asset Management: Argentine asset manager focused on active fixed income and balanced strategies, with retail and institutional fund offerings. Comparable to Novus on active management style, peso-denominated fixed income focus, and use of differentiated share classes.
• Balanz Capital: Independent Argentine asset manager and brokerage offering mutual funds, advisory, and trading across retail and institutional segments. Closely comparable to Novus as an independent (non-bank-affiliated) FCI operator competing on transparency, advisory quality, and multi-strategy coverage.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/novus-asset-management-sa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Novus Asset Management