About Us

Asset Management for direct clients and EAM
Swiss professionalism 
International network
Transparency as a principle

We focus on the asset management of private and institutional customers, guiding our efforts in the development of strategies aligned to the needs and profile of each of our clients. By being independent advisors, we enjoy a total independence in the selection of a banking institution and the appropriate securities for each client; therefore, there are no conflicts of interest that might skew investments’ final return of.

Aurora Asset Management SA is regulated and authorized by the Panama Securities Commission, Resolution SMV No.279-2014.

Our Team

Florent Chevey


A Swiss national, Mr. Florent Chevey is the Executive Director of Aurora Asset Management SA since its inception. Mr. Chevey has a Master’s Degree in Economics from the Haute Ecole de Gestion HES Suisse having graduated as Valedictorian in 2004. In addition, he received the Best Student of the Year Award UBS Valais.
Mr. Chevey has over 15 years of experience in the Swiss financial sector: retail banking, auditing, controlling and private banking. As it relates to his experience in Private Banking – Asset Management in Geneva, he managed a portfolio of European and South American clients for more than 10 years.
Mr. Chevey holds a Principal Executive license no. 439 and Analyst and Broker Securities license no. 968 from the Superintendencia del Mercado de Valores de Panama. He is also an active member under license no. 3596 of the Panamanian Association of Business Executives.
Mr. Chevey speaks Spanish, English and French.

Cristobal Cortes

Compliance Officer

A Panamanian national, Mr. Cristobal Cortes is the Compliance Officer of Aurora Asset Management SA. Mr. Cortes is an Administrative Industrial Engineer having obtained his qualifications from the Universidad Santa María la Antigua de Panama.
Mr. Cortes has over 10 years of experience with several Investment Advisers and Broker Dealers in Panama. Over the course of his career, he has obtained several licenses inclusive of Principal Executive, Analyst and Stock Broker.
Mr. Cortes is the holder of the Principal Executive license no. 101 issued by the Superintendencia del Mercado de Valores de Panama.
Mr. Cortes speaks Spanish and English.

Navil de Frias

Back Office Officer

A Panamanian national, Ms. Navil de Frias is Back Office Officer of Aurora Asset Management SA. Ms. de Frias is presently completing her degree in Business Administration from the American University of Panama.
Prior to her current position, she served as an operations assistant at an Investment Adviser and Broker Dealer firm in Panama.
Ms. de Frias holds an Analyst and Broker Securities license no. 1143 from the Superintendencia del Mercado de Valores de Panamá.
Ms. De Frias speaks Spanish and English.

Melina Scheuber

Back Office Manager

A Swiss national, Ms. Melina Scheuber is Back Office Manager at Aurora Asset Management SA.
Ms. Scheuber has a Bachelor’s Degree in Economics and Finance from Zurich University of Applied Sciences.
Moreover, she spent more than 10 years with UBS which is the largest bank in Switzerland. This work experience has allowed her to acquire extensive knowledge within the Swiss financial sector, especially Wealth Management.
Ms. Scheuber holds an Analyst and Broker Securities license no. 1322 and a Principal Executive License no. 562 from the Superintendencia del Mercado de Valores de Panama.
Ms. Scheuber speaks Spanish, English, German and French.

Daniela Calderon

Administrative Assistant

A Venezuelan national, Ms. Daniela Calderon is the Administrative Assistant of Aurora Asset Management SA.
Ms. Calderon has a Bachelor´s Degree in International Commerce and Logistics from Universidad Latina de Panama and is currently pursuing a Bachelor of Law and Political Science from Universidad Catolica Santa Maria la Antigua de Panama.
She has previous experience in the area of supply chain, having worked in procurement and logistics for over two years in the brewing and textile industries.
Ms. Calderon speaks Spanish, English and has some skills in Italian.

Our Office

Our office is located in the heart of the financial district. We are in the 27th floor of The Tower Financial Center.

The Tower Financial Center (also known as TowerBank) is an 57-story office skyscraper of 255 meters located on Calle 50, Panama City.

The building is a modern trend with a wide advanced technology, hosting national and international companies. It is one of the most outstanding buildings in the city, due to its impressive height. It is only in town for its facade curtain wall coated black. It was opened in 2011.

Architect Pinzón Lozano & Asociados
Developer Desarrollo Bahía

Our Services


Aurora Asset Management (AAM) is regulated and supervised by the Superintendencia del Mercado de Valores de Panama as per Resolution no. 279-2014.


Our license allows us to engage in the following activities:

  • Investment Advisory
  • Management agreements with local custodian banks
  • Tailored Agreements between Introducers and AAM
  • Opening and managing investment accounts and deposits
  • Safekeeping of all our documents in Panama
  • Physical presence of all our officers in Panama

Why with us – Benefits

Swiss touch

Our Management and corporate shareholders are Swiss and have years of experience in the field of private banking, investment and portfolio management, ensuring a high level of professionalism and service.


Our structure is 100% independent with no territorial affiliation outside of Panama.

Flexibility, speed and pragmatism

Our small size allows us to offer an ultra-personalized service.

Controlled Costs

Our business model allows us to offer very competitive rates compare to the prevailing market.

Our Clients

Aurora Asset Management SA provides a discretionary investment management service to trusts, foundations, institutional clients, private qualified individuals and their families.

Our team has extensive experience formulating investment policy and providing customized solutions that incorporate our client’s unique investment goals and objectives. Managed accounts are typically diversified across a wide selection of asset classes.

We strongly believe that our unique vision of wealth management is structured to deliver our clients high yield returns over the long term.



T (+507) 209-7151
F (+507) 209-7152


PH Tower Financial Center, Piso 27, Calle 50,
Panama City, Panama

About Panama

Political stability, economic growth and quality of life – The winning Panamanian trio

Panama, officially the Republic of Panama is a country located in the southeastern corner of Central America. Its capital is Panama City, bordered to the north by the Caribbean Sea, south by the Pacific Ocean, east to west with Colombia and Costa Rica. Located in the isthmus that connects South America with Central America, its mountainous terrain is interrupted only by the Panama Canal.

Key Facts

Area: 78,569 km2 Telephone Code: +507
Population: 3 926 017 (2014) Currency: Balboa / US dollar
Time Zone: UTC -5 Official Language: Spanish
Access: Direct flights from European capitals: Amsterdam, Paris, Madrid and Lisbon. Copa Airlines hub to all South America.

Key Economic Data

Growth rate: +8.4% (2013) GDP per capita USD 19,630 (2014)
+6.2% (2014) Inflation +2.6% (2014)
+6.1% (est. 2015)

Panama offers political stability thanks to its democratic system of government. The Panama Canal and its role underpins this stability.

The Panamanian economy is resistant to external shocks which has helped it to outperform the economies of Latin America. In the last eight years, Panama has had an average annual growth rate of 8.4%.

The leading sectors are mining with a growth of +31.7%, construction +30.7%, hotels and restaurants +11.1%, transportation and communications +10.4% and financial services +9.1%.
Panama improved its competitiveness by 9 points in the Global Competitiveness Report, ranking fortieth in the world and second in Latin America and the Caribbean.

Called the hub of the Americas, Panama ranks 4th worldwide in quality of port infrastructure and 6th in quality of airport infrastructure.

Panama is also a financial hub; the International Banking Center is noted as reliable, liquid and well capitalized with a growth rate of 12.5% annually.

In this context, rating agencies have been upgrading its sovereign debt every year and have noted Panama as having excellent investment opportunities.

In fact, 80 multinational companies currently operate in Panama, generating investments of USD 400 million. Panama is an attractive country for business leaders who set up regional headquarters to take advantage of the country’s favorable geographical position with its air connectivity, logistics platform, network of fiber optics and highly developed banking sector.

This dynamic economic environment has contributed to a steady decline in the unemployment rate from 6.6% in 2009 to 4.1% in 2014. According to Manpower Group, Panama is the country with the best job opportunities in Latin America. The private sector is the main source of employment, particularly in the fields of transportation, communication, trade, services, construction and agriculture.

Panamanian Banking System

Key Facts

The Panamanian banking sector represents:

• 9.6% of 2014 national GDP
• 24,486 employees (2014)
• 71 banks registered with the Superintendencia de Bancos

The sector mainly consists of private / retail banking. It was strengthened during the first two decades of the twentieth century, positioning itself as one of the most important financial centers in Latin America.

This growth is due to the establishment of legal and administrative framework, state support, geographical location as a hub, economic and political stability and the dollarization of the economy.


The Panamanian banking sector has very particular characteristics:

• Absence of a Central Bank
• Use of the U.S. dollar as its main currency
• Territorial Taxation
• Banking secrecy
• Highly competitive market

The agency responsible for banking supervision, the Superintendencia de Bancos Panama, issues 3 types of banking licenses:

1. General License which allows for local and international operations
2. International License which authorizes foreign operations only
3. Representative License which allows foreign banks to have a representative office to market their services and find clients in Panama.

The two Panamanian state banks are Banco Nacional de Panama and La Caja de Ahorros.

Stock Market

Aurora Asset Management SA is regulated and authorized by the Panama Securities Commission, Resolution SMV No.279-2014.