German private bank Hauck & Aufhäuser has divided asset management division into the new H&A Global Investment Management GmbH (HAGIM) subsidiary. It has also entered into a joint venture with the Taunus Group, the parent company of the Frankfurt based Leben Group.
The partnership between the two partners wil play an important role in the current transformation process of Hauck & Aufhäuser with the focus on growth, digitisation and internationalisation.
Leben Group is one of the leading consolidation platforms for the German life insurance and pension fund market. Insurance companies or insurance portfolios, which are already in run-off or are to be placed in it, are taken over and integrated.
For the coming years, HAGIM's main focus is on attracting new VAG-regulated investors who need HAGIM's core competencies. These are particularly focused on Fixed Income, Private Debt, Multi Asset with optional risk management and selected equity strategies focusing on the European market. As an asset manager, HAGIM will systematically expand these areas in order to be able to offer investors and business partners state-of-the-art investment solutions in the future as well. In addition, HAGIM, with its roots in the Hauck & Aufhäuser Group.
Already since 1995, Hauck & Aufhäuser Schweiz AG manages shares and pensions in accordance with strict ethical principles and has its own independent ethics committee Experts of different industries created - a real unique selling point in the competition of the ESG managers.
HAGIM sees itself positioned for the future with the new ownership structure.