Berenberg Bank wins European Pensions Awards 2011
Hamburg. At the ceremony for the European Pensions Awards 2011 in London, Berenberg Bank won in the category “Currency Manager of the Year” in Europe.
Berenberg is one of the leading currency managers in Europe with 3.6 billion euros under management. “We are very pleased about this new award as it demonstrates the effectiveness of our quantitative, model-based and transparent investment process in the international arena,” said Tindaro Siragusano, head of asset management at Berenberg Bank.
The prestigious European Pensions Awards are awarded to honour high achievement in different areas of the European pension industry. The independent judges consist of representatives from the pension industry, consultants, providers of pension products and relevant associations.
Additionally, Berenberg’s asset management team was nominated in the category “Alternatives Manager of the Year”. In 2009 it received a “highly commended” award for currency management from the judges.
Berenberg Bank was founded in 1590 and is one the leading private banks in Germany today. It has more than 1000 employees, total assets of 3.2bn euros* and liable equity of 213 million euros. The privately owned bank has its headquarter in Hamburg and has 17 offices in total around the world. The bank manages more than 25bn euros for private and institutional investors and provides private, investment and commercial banking services (* as at 31.12.2010).
The asset management business of Berenberg Bank specialises in the development and implementation of active and quantitative investment strategies. It has more than 8.7bn euros of assets under management for institutional investors.
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Director Corporate CommunicationKarsten Wehmeier
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