Union Investment

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  • Hans Joachim Reinke (Chairman)
  • Alexander Schindler
  • Jens Wilhelm

Union Investment (full designation Union Asset Management Holding AG ), headquartered in Frankfurt am Main is the investment company of the DZ Bank Group and part of the cooperative financial group.

The distribution of public funds firstly on the 1,101 local cooperative banks (including Sparda banks, PSD banks, etc.), on the other hand on the external service of the building society Schwäbisch Hall AG.

The main shareholders are DZ Bank and WGZ Bank with 54.44 % and 17.72 %. The other shareholders are BBBank and the local cooperative banks through their associations or affiliated companies.

Union Investment managed by 31 December 2013 assets of 206.2 billion Euros.

Organization

Under the umbrella of the Union Asset Management Holding AG has 15 subsidiaries, including:

  • Attrax S. A. is the Luxembourg subsidiary for fund brokerage, distribution, share administration and custody
  • Union Investment Institutional GmbH is responsible for the business with institutional clients
  • Union Investment Institutional Property offers tailored property funds for institutional investors to
  • Union Investment Luxembourg S. A. is the Luxembourg subsidiary
  • Union Investment Private Funds GmbH attaches funds for private clients
  • Union Investment Real Estate GmbH (formerly DIFA German Immobilien Fonds AG ) is the second largest German property fund manager
  • Quoniam Asset Management GmbH uses a quantitative investment approach and manages funds for institutional clients

Board of Directors

The Management Board of Union Investment consists of the following four members:

  • Hans Joachim Reinke, Chairman of the Board
  • Jens Wilhelm, Chief Executive Portfolio Management and Real Estate
  • Alexander Schindler, Director Institutional Clients

Divisions

The divisions of Union Investment:

Institutional Clients

  • Provides concepts for asset management and solutions for sustainable investment
  • Invested in different formats, such as special securities funds, institutional funds, mutual funds, institutional asset management and real estate special funds
  • Has a wide portfolio of clients: banks, pension funds, insurance companies, religious institutions, industrial enterprises and non-profit organizations such as foundations and associations

Private Clients

  • Provides private investors products and services from the private pension over Ansparlösungen to asset accumulation
  • If a product offering of stock funds, bond funds, money market funds, open- end real estate funds, balanced funds, funds of funds and capital protected funds
  • Provides on-site care about the approximately 13,350 branches of the local cooperative banks

Real Estate Division

  • Provides open-ended property funds for private and institutional investors
  • Is active in the commercial real estate markets as an investor and seller, as builder and developer, as well as landlords and service providers around the property
  • Invests primarily in service-and retail-oriented commercial real estate and has an internationally diversified real estate portfolio of approximately 300 properties in 25 countries markets

Then there are the divisions fund services and infrastructure that provide support services for the above three divisions in the Union Investment.

History

On January 26, 1956, the Union - Investment-Gesellschaft mbH was founded by 14 cooperative banks as the third German investment company. In the same year, the equity fund UniFonds was launched as the first open-ended fund. 1961 were first offered in Belgium and thus outside Germany Fund.

In 1965, the co op property funds management AG was founded in Hamburg and renamed in 1980 in DIFA ( German Immobilien Fonds AG ). Shareholders were initially the Central Institute of Consumer Cooperatives and BfG. 1966 laid the DIFA the open real estate fund co op on, later renamed DIFA Fund No. 1 Since 15 January 2007, the DIFA operated under Union Investment Real Estate AG, 2009 it was transformed into a GmbH.

Since 1967, the Union Investment offers the management of investment portfolios. In 1968 the first pension fund of the group under the name UniRenta on the market. 1969, a fund assets of one billion DM was achieved.

In 1988, the Union Investment Luxembourg S. A. was founded. The assets managed by the group now was 10 billion marks.

In April 1994, Union Investment brought a unit-linked asset management strategy with three variants ( opportunity, growth and security ) on the market. In 1996, the unit-linked life insurance OptiPlan was released.

1999, the Union - Fonds-Holding Aktiengesellschaft was founded. This holding company was renamed in July 2002 in Union Asset Management Holding AG.

Awards

Union Investment was rated in 2013 for the eleventh time in succession 5 stars the Fund compass of the business magazine Capital as one of the best fund companies, which no other funds have been successful previously yet.

Types of business entity Fund of funds Capital (German magazine) Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
240095
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