Munich Ergo Asset Management (Meag) has appointed Frank Becker to the position of managing director in charge of the Institutional Clients division, effective 1 November 2019.
Becker was previously managing director of State Street Global Advisors GmbH, where he was responsible for their business with institutional clients and intermediaries. Prior to that he held management positions in the fields of sales and product management at the companies Pioneer, Activest and allfonds BKG.
Meag manages the assets of Munich Re and ERGO. It has representations in Europe, Asia and North America and also offers its extensive know-how to institutional investors and private clients from outside the company group. Meag currently manages assets to the value of €270bn, 12 billion of which for institutional clients in Europe.