Erste AM reorganises Multi Asset Management

Erste Asset Management (Erste AM) has reorganised the Multi Asset Management department. Discretionary Portfolio Management was set up as self-contained department at the beginning of December. Mixed fund solutions for retail and institutional investors remain with Multi Asset Management. This step was decided on within the context of appointing a Head of Multi Asset Management.

Alexander Lechner, previously fund manager with Erste AM, will take over as Head of Multi Asset Management. In his new position, he will focus on umbrella fund strategies in the retail and institutional segment, and he will develop the investment processes in cooperation with Gerold Permoser. Senior fund manager Jürgen Wurzer will also join the Erste AM team, having previously worked for Macquarie Investment Management.

Thomas Bobek has been Head of Discretionary Portfolio Management (DPM) since the beginning of December. He had previously held a managerial position in asset management with Credit Suisse in Vienna, and knows ERSTE-SPARINVEST very well from his former function as Head of Equity with the institute (2003-2011). He will be in charge of the entire range of DPM solutions across borders, and he will ensure the implementation of the investment processes in all markets.

Gerold Permoser, Chief Investment Officer (CIO) of Erste AM: “By reorganising Multi Asset Management and Discretionary Portfolio Management and appointing Alexander Lechner and Thomas Bobek as department heads, we are well-positioned for the future and can develop our range of products and services in a consistent fashion.” 

 

 

 

 

 

 

Erste Asset Management GmbH (www.erste-am.com) coordinates, and is responsible for, the asset management activities (asset management based on investment funds and portfolio solutions) within Erste Group Bank AG. At its locations in Austria, Germany, Croatia, Romania, Slovakia, the Czech Republic, and Hungary, it manages assets of about EUR 55.8bn (as of 31 December 2015).

 

 

Disclaimer:

This document is an advertisement. All data is sourced from ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H., Erste Asset Management GmbH and ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. unless indicated otherwise. Our languages of communication are German and English.

The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. The simplified prospectus is prepared by ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. and published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the ImmoInvFG 2003 as amended. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H. and Erste Asset Management GmbH (and for ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. after the conclusion of the ongoing licensing procedure) pursuant to the provisions of the AIFMG in connection with the InvFG 2011.

The fund prospectus, Information for Investors pursuant to § 21 AIFMG, the simplified prospectus, and the key investor document/KID can be viewed in their latest versions at the web site www.erste-am.com or http://www.ersteimmobilien.at or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus or simplified prospectus, the languages in which the key investor document/KID is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com or www.ersteimmobilien.at.

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.