Franco-German financial group Oddo BHF has merged its two existing asset management companies in Germany Oddo BHF AM GmbH and Frankfurt-Trust Investment-GmbH, effective 30 April 2018. With this merger ODDO BHF AM combines close to €61bn in AUM and becomes the third largest independent asset manager in Europe. The aim of the merger is to […]
Franco-German financial group Oddo BHF is set to merge its two existing asset management companies in Germany, Oddo BHF AM GmbH and Frankfurt-Trust Investment-Geselllschaft mbH. The operation aims at creating enhanced asset management capabilities in Germany by combining and strengthening the expertises of both firms. Oddo BHF AM, led by Nicolas Chaput, will manage €61bn […]
Frankfurt-Trust (FT) expanded its market-neutral equity fund portfolio by global variant portfolio diversification by combining different regions and strategies. The correlation between equities and bonds has risen in recent years. Investors wishing to diversify their portfolio as widely as possible, FT offered a solution with the FT Alpha strategy since the end of 2011. The […]
Allianz Global Investors (Allianz GI) has appointed Lothat Meinke as new head of Regional Account Management. Based in Frankfurt, he will be responsible for the distribution of mutual funds to regional distribution partners such as Banks, savings banks, asset management and independent advisors. He reports to Sandra Sonnleitner, head of Retail Business Germany. Meinke joins […]
The German asset management association BVI has appointed its new board for the coming three years during its general meeting. The composition of the board remains largely unchanged, with Holger Naumann being reelected as president of the BVI. Naumann is also a member of the board for Deutsche Asset & Wealth Management. Evi Vogl (pictured) […]
ING Investment Management hat die Ernennung von Lutz Morjan zum Senior Sales Director Institutionals in Deutschland bekanntgegeben. Er war frueher als Leiter Unternehmen, öffentliche Einrichtungen und betriebliche Altersversorgung bei Frankfurt-Trust taetig.
The independent distributor offers smaller managers a route into Germany – Europe’s most fragmented and expensive market – and there are other reasons third-party marketers are effective for new funds.