Assenagon hires Union managers to establish portfolio management services  

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Asset manager Assenagon has confirmed the appointment of Thomas Romig, former head of Multi-Asset Management and Stefan Handte, senior portfolio manager at Union Investment in order to establish its multi-asset portfolio management and risk expertise services.

Hans Günther Bonk, founding partner of Assenagon comments: “By offering multi asset portfolios we can provide our clients with a broader product suite and thus continue our dynamic growth story.”Multi asset portfolio management fits well with Assenagon’s existing areas of expertise, which include equities, credit and derivatives.”

Romig has been with Union Investment since 2009, in his latest position, he managed €12bn in assets under management, allocated between four major investment strategies. Overall, he has 18 years of experience in asset management.

Handte worked alongside Romig at Union Investment for the past nine years, he has 13 years of experience in asset management.

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