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Erste Group Bank AG is part of the Austrian savings bank group and thus one of the leading financial institutions in Austria and Central and Eastern Europe. Some 46,700 employees advise 15.9mn clients in about 2,700 branch offices across seven countries. Erste Group is market leader in Austria, Romania, Slovakia and the Czech Republic and is strongly committed to this region. (All data as of 31.12.2016.)

At a market share of 18,9%, the subsidiary ERSTE-SPARINVEST KAG m.b.H., founded in 1965, is the biggest asset management company in Austria. Institutional investors and special funds account for EUR 15.4bn of assets under management, while mutual funds make up EUR 16,1bn. This makes ERSTE-SPARINVEST both the oldest and biggest subsidiary of Erste Asset Management, which holds an 81.48% stake in the subsidiary. Österreichische Kontrollbank records EUR 31.5bn worth of assets under management for Erste-Sparinvest. (All data as of 31.12.2016)

RINGTURM KAG was founded in 1988 and has been a subsidiary of Erste Asset Management and Vienna Insurance Group AG Wiener Versicherung Gruppe since 2009. Erste Asset Management holds 95% of shares of RINGTURM KAG, which pursues a conservative and risk-minimising investment strategy. Overall the subsidiary manages assets of EUR 5bn (as of 30.06.2015) in special and mutual funds.

ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. was founded in 2007. Erste Asset Management is among the shareholders. ERSTE Immobilien Kapitalanlagegesellschaft enables investors to participate in property even with small investments. The company develops, launches, and manages solid property investments with strong rates of return.

In addition Erste Asset Management has numerous subsidiaries under its own name across various countries.

For more information on Erste Asset Management in Germany, Croatia, Hungary, Romania , Slovakia and the Czech Republic please follow this link.