C-QUADRAT Investment AG increases assets in "Asset Management" segment by 59 percent in 2007
- Network of financial advisors in Europe expanded to 35,000
- C-QUADRAT well-positioned in Germany and the CEE markets
C-QUADRAT Investment AG (ISIN AT0000613005), an independent European Asset Manager, is pleased to announce a 59 percent volume increase in its "Asset Management" segment for the year 2007. Fee Generating Assets (FGAs) in the core segment "Asset Management" increased by EUR 0.6 billion to EUR 1.7 billion for the year. In total, C-QUADRAT started 2008 with EUR 5.0 billion in FGAs. These FGAs consisted of EUR 4.9 billion under management on 31 December 2007, and additional Fee Generating Assets for new mandates, which C-QUADRAT was able to acquire at the beginning of 2008. As Thomas Riess, a founding father and a Member of the Board of C-QUADRAT, stated: "Within the past 12 months, C-QUADRAT was able to increase its Fee Generating Assets in the core segment "Asset Management" by 59 percent. This is a highly positive development, which we attribute to our sales and marketing activities in meanwhile six European countries and to the outstanding and multiple award winning performance of C-QUADRAT products."
C-QUADRAT takes on asset management for two retail funds of Raiffeisen Salzburg Invest Kapitalanlage GmbH
Effective from 2 January 2008, C-QUADRAT Kapitalanlage AG has assumed the responsibility for managing the assets of two public funds of Raiffeisen Salzburg Invest Kapitalanlage GmbH ("Klassik Abfertigung" and "Klassik Strategie Ertrag"). These two funds were previously also managed by an external asset manager. The total volume of both funds combined amounts to approximately EUR 77 million. The funds will be merged in the course of the first quarter of 2008. This particular management mandate is being handled by C-QUADRAT’s Frankfurt team which, in its first year of business activities, already contributed substantially to C-QUADRAT’s volume growth by acquiring several institutional mandates.
C-QUADRAT expands its retail sales activities to six countries, now reaching more than 155 million potential clients
In 2007, C-QUADRAT expanded its retail sales activities to six countries, thus targeting more than 155 million potential clients. In addition to Austria and Germany, C-QUADRAT is currently active in Czechia, Slovakia, Poland and Hungary. Through its sales and marketing network of more than 35,000 financial advisors, C-QUADRAT funds are being marketed as direct investments and are also being indirectly marketed via unit-linked life insurances. C-QUADRAT’s cooperation partners include the key independent financial marketing organizations and the most renowned insurance companies in all of C-QUADRAT’s respective markets.
C-QUADRAT well-positioned in the German and CEE country markets
In Germany, the sales and marketing network for C-QUADRAT products was expanded to a total of 20,000 independent financial advisors. In this manner, a dense distribution network, including the top independent financial services companies as well as the independent brokers, was established. With over 82 million potential clients, the German market will remain pivotal to C-QUADRAT’s marketing efforts in 2008. In 2007, in addition to expanding its network in Germany, C-QUADRAT also positioned itself strongly in the CEE countries. In October 2007, C-QUADRAT authorized the direct sales and marketing of the funds C-QUADRAT ARTS Best Momentum, C-QUADRAT ARTS Total Return Dynamic and C-QUADRAT ARTS Total Return Balanced in Hungary. In Czechia, a crucial move was accomplished in November 2007, when the direct sales and marketing of selected C-QUADRAT products became possible. With approximately 20 million potential clients, Hungary and Czechia are among the strongest-growing markets in the whole of Europe. Since 2006, C-QUADRAT has been successfully marketing unit-linked life insurances in these two countries, as well as in Poland and Slovakia. C-QUADRAT’s main cooperation partners include the largest insurance companies in each of these countries.
C-QUADRAT Investment AG
C-QUADRAT, the fund company, is an independent asset manager that is active throughout Europe. Founded in 1991, C-QUADRAT has had its own investment company since 2003. Within a few years, the company, originally founded by Alexander Schütz and Thomas Rieß, has grown to become a team of approximately 100 employees. The C-QUADRAT team has established its reputation throughout Europe with asset management, the analysis and management of investment funds, and the conception of structured products. Many banks, insurance companies and financial services companies operating internationally rely on the expertise of C-QUADRAT.