The newly established fund boutique Capitulum Asset Management and the asset management arm of Landesbank Baden-Württemberg, LBBW Asset Management enters into a strategic partnership. A first joint fund is already in the starting blocks.
It is planned to launch the first cooperation fund advised by Capitulum Asset Management on the basis of the world interest concept at the Stuttgart-based fund management company LBBW Asset Management. The planned fund is intended to meet the legal requirements of the Insurance Supervision Act (VAG) and thus also enable regulated institutional investors to invest in the emerging market local currency strategy that has been established on the market for many years.
In the current low interest rate environment, such a strategy can be persuaded by high yield margins of just under 8% with limited credit risks and short bond maturities. In addition, the expected high annual distributions from ordinary income make the fund attractive to investors.
The fund manager Röhmeyer combines this step into self-employment with this long-term cooperation with LBBW Asset Management. He meets long-standing people and thus the necessary product-specific expertise and experience.
Thanks to this cooperation, LBBW Asset Management, which is strongly positioned in the savings bank warehouse and in the institutional business, can expand its range of funds in the fund sector with an already established and established emerging market management approach in the German market. For the investors, the cooperation ensures continuity in this pension strategy for both public and special fund solutions.