Germany
Investment | 24 Jun 16
Less than a quarter of HNWs invest offshore for tax reasons
Only 23.2% of global high net worth (HNW) wealth is invested offshore for tax reasons, according to financial services research and insight firm, Verdict Financial.
Alternatives | 9 Jun 16
Generali Germany folded into Generali Investments
Generali Investments Deutschland (GID) has been merged into Generali Investments, as part of the group’s strategy to streamline its global asset management operations.
Bellevue acquires German fund manager StarCapital
Swiss investment company Bellevue Group has acquired independent German fund manager StarCapital in a move that brings its assets under management to CHF7.8bn (£5.6bn, $7.8bn, €7.1bn).
AUM hit record levels in Germany in 2015
The German fund industry experienced a record year in 2015 with total assets under management (AUM) sitting at €2.6trn (£2trn, $2.9trn).
BNY Mellon opens German office
New York-headquartered BNY Mellon Investment Management has opened its first German office in Frankfurt as it looks to tap into more European markets.