Keppler Asset Management, the New York asset manager, transfers its Sicav fund platform Global Advantage funds with its two flagship sub-funds with total assets of €170m to Universal Investment. The Sicav encompasses the two sub-funds Emerging Markets High Value and Major Markets High Value. Universal-Investment gained the mandate to manage the funds in a selection […]
After more than 25 years of service in various management positions at Universal Investment, Oliver Harth has decided to leave the company at the end of September 2017, when the current financial year ends. Having joined the company in 1992, Harth was on the management board of Universal Investment since 2001, most recently as chief […]
Fokus Fund Advisors and Universal Investment announced the launch of fokus fund Germany+. A fundamentally oriented long-only mixed fund that focuses on German secondary stocks. The fund’s approach is designed to provide a high degree of flexibility between equities and bonds. The selection of the titles takes place through an extensive, multi-stage research process. . […]
Bad Homburg-based multi-family office HQ Trust and asset manager Universal Investment have teamed up to launch a concentrated global equity fund focussing on dividend returns. The fund offers and equally weighted portfolio investing in 22 businesses globally based on a universe of 6000 stocks. It is based on the existing HQT Dividende fund, which was […]
German asset manager Universal Investment has appointed Thorsten Schneider as head of Institutional Sales Management, covering pension funds, insurances and corporate clients in the German speaking countries. Schneider joins from Frankfurt-based Maple Bank, where he most recently covered agency sales. Prior to that, he spent more than five years at Commerzbank, where he covered Derivative […]
Universal Investment, currently owned jointly by Joh. Berenberg, Gossler & Co and Bankhaus Lampe confirmed a planned takeover by British private equity firm Montagu Private Equity for an undisclosed amount. Based in Frankfurt, Universal-Investment focuses on fund administration, securities, alternative investments and real estate, the group has subsidiaries in Luxembourg and Austria. It specialises in […]
BNY Mellon Investment Management has appointed Marenka Thierfelder (pictured) as senior channel marketing manager in charge of the German market. Based in Frankfurt, Thierfelder will be responsible for implementing new marketing strategies aimed at institutional and wholesale investors. She joins from Universal Investment, where she also held the position of senior marketing manager. Prior to […]
Peter Flöck wird künftig als Mitglied der Geschäftsleitung von Universal-Investment den weiteren Ausbau des Portfoliomanagements vorantreiben.
Peter Flöck is to be appointed member of the executive board of Universal-Investment in Germany as the firm strives to further expand its portfolio management.
The latest rumours from Berlin suggest the proposal to ban new open real estate Spezialfonds in Germany will not be accepted by the legislator after all.
Berlin’s proposal to prohibit launching new open-ended property Spezialfonds may not be stopping real estate managers from launching new funds, but it is forcing them to choose Luxembourg for the task.
Private banks Berenberg Bank and Bankhaus Lampe have increased their stake in Germany’s Universal Investment to 50%, in a vote of confidence in the fund platform model.