M.M.Warburg expands asset management business

Hamburg based M.M.Warburg has strengthened the distribution of asset management with two new appointments.
Frank Prüfer and Guido Hupe will be working for the independent private bank under the direction of Jan-Frederik Belling from Hamburg and Frankfurt respectively.
As part of the acquisition of Nord/LB Asset Management AG, which has been trading as Warburg Invest since January, Warburg Bank is continuously expanding this area and is working on the next generation of asset management.
Prüfer manages financial sales, free financial service providers and pools. The focus here is on the mutual funds of Warburg Invest. He brings with him more than 20 years of experience in serving wholesale customers for his new responsibilities. His special expertise lies in the joint development of the business with the sales partner, the statement states. Prior to joining, Prüfer spent more than seven years with Ethenea Independent Investors on the wholesale team and previously with Veritas Investment Trust for several years.
Horn will strengthen the Asset Management market team with a focus on institutional clients. He brings more than 25 years of experience in institutional clients and previously worked for Nord / LB Asset Management. Hupe once played a major role in the business of Raiffeisen Capital Management and the later QC Partners in Germany. Other stations included DG Bank and Union Investment.