EANS-Adhoc: C-QUADRAT Investment AG
C-QUADRAT receives management mandates
from Talanx Asset Management GmbH with a volume of approx. EUR 300 million
08.09.2011 – 16:56
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 08.09.2011 C-QUADRAT Kapitalanlage AG - a wholly owned subsidiary of C-QUADRAT Investment AG - has received management mandates from Talanx Asset Management GmbH with a volume of approx. EUR 300 million. It is due to assume these management mandates in the 4th quarter of 2011. C-QUADRAT Kapitalanlage AG currently manages assets with a volume of approx. EUR 2.8 billion. Together with Talanx Immobilien Management GmbH and AmpegaGerling Investment GmbH Talanx Asset Management GmbH comprises the Talanx financial services group, Germany´s third-largest insurance group. Since late 2010 Talanx Asset Management GmbH has had an approx. 25.1 % stake in C-QUADRAT Investment AG. In addition, a framework resolution has been passed to establish a joint venture with the goal of acquiring new clients in the institutional investors segment. The two founding partners will each hold a 50 % capital share. The company will be seated in Frankfurt am Main. Subject to consent from all relevant committees, this company is scheduled to commence its business activities on January 1, 2012. Assumption of these management mandates and the planned new joint venture are elements of a project seeking to exploit the two companies´ reciprocal synergies. Further inquiry note: Mag. Andreas Wimmer Member of the Board C-QUADRAT Investment AG Stubenring 2 A-1010 Vienna Tel.: +43 1 515 66 316 Mail: a.wimmer@investmentfonds.at www.c-quadrat.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: C-QUADRAT Investment AG Stubenring 2 A-1010 Wien phone: +43 1 515 66-0 FAX: +43 1 515 66-159 mail: c-quadrat@investmentfonds.at WWW: www.c-quadrat.at sector: Financial & Business Services ISIN: AT0000613005 indexes: Standard Market Auction stockmarkets: official market: Frankfurt, Wien language: English
Original content of: C-QUADRAT Investment AG, transmitted by news aktuell