Fund manager Markus Herrmann of Lupus Alpha will join Loys AG fund management team, effective 1 January 2020.
Hermann will be based in Frankfurt. Ufuk Boydak, CEO and fund manager at LOYS AG said, "with Hermann appointment, we want to expand the existing fund manager duo of Loys."
Ufuk Boydak, who started his career as a fund manager at Loys AG and plays a major role in the further development of fund management processes and the successful expansion of the fund range. He is chairman of the Board since 2017.
With the appointment of Markus Herrmann, Boydak has expanded the portfolio management team of Loys AG to put the fund management.
Loys plans to launch sixth equity fund to expand the existing product portfolio. Herrmann will be looking after the new fund.
Herrmann has more than ten years of experience in asset management, especially in the small and mid caps segment. Since 2011 he has been the responsible fund manager of the very successful and over 400 million large Lupus alpha Dividend Champion.