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Brexit talks dampen otherwise optimistic German outlook

By: Mona Dohle | 12 Dec 2017

The ZEW economic outlook, reflecting the six month forecast based on a monthly survey among German investors, has declined slightly compared to the previous month, but remains…

Donner & Reuschel promotes Mumm to chief economist

By: Mona Dohle | 12 Dec 2017

Hamburg-headquartered private bank Donner & Reuschel has appointed Carsten Mumm as chief economist. Mumm has been head of the Capital Market Analysis department for more than a…

Aegon AM expands European sales team

By: Mona Dohle | 08 Dec 2017

Aegon Asset Management has appointed Rik Verhoeven as head of International New Business for the groups TKP Investments multi manager offering. Based in Frankfurt, Verhoeven will be…

Deutsche Bank WM appoints head of Investment Advisory

By: Ridhima Sharma | 08 Dec 2017

Deutsche Bank’s Wealth Management has appointed Christian Koch as head of Investment Advisory for the west region. He succeeds Rainer Göritz, who will assume the role of…

Scalable Capital appoints new CIO

By: Ridhima Sharma | 07 Dec 2017

Digital asset manager Scalable Capital has appointed Thiemo Krink as chief investment officer (CIO). Krink will be responsible for the development of asset manager’s quantitative and computer-driven…

Björn Jesch exits Union Investment

By: Ridhima Sharma | 06 Dec 2017

Björn Jesch leaves the fund management company Union Investment at his own request by the end of the year. His position as head of portfolio management at…

Rebranding of a rebrand: Deutsche changes global fund offering ahead of IPO

By: Mona Dohle | 05 Dec 2017

The institutional and wholesale asset management wing of Deutsche Bank, Deutsche Asset Management, will merge into its main retail offering, DWS in Q1 2018, ahead of Deutsche…

DJE Kapital merges two funds into umbrella range

By: Mona Dohle | 04 Dec 2017

German asset manager DJE Kapital has merged two of its funds, DJE Cosmopolitan equity fund and Euro Renten under its DJE Umbrella, per 1 December. The equity…

Catella Residential IM expands residential portfolio in Germany

By: Mona Dohle | 04 Dec 2017

Catella Residential Investment Management (CRIM), the Berlin-based real estate arm of Swedish asset manager Catella, has acquired two residential project developments in Nuremberg and Stuttgart. Conducted on…

Aktia AM and Universal Investment to launch local currency frontier market fund

By: Mona Dohle | 01 Dec 2017

Finish asset manager Aktia Asset Management and German Universal Investment have launched a new local currency emerging market bond fund. The launch follows a recent announcement that…

UBS AM launches sustainability fund

By: Ridhima Sharma | 01 Dec 2017

UBS Asset Management (UBS AM) has launched the UBS (Lux) Equity Sicav – Global Impact fund (USD). This cost-efficient, open-ended, global equity fund is invested in long-term…

Ex-Berenberg banker founds 7orca Asset Management

By: Ridhima Sharma | 30 Nov 2017

7orca Asset Management AG (7orca) was granted a license as a financial services provider by the German Federal Supervisory Authority (BaFin) in November 2017, in accordance with…

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