Professional Investments

Berenberg Asset Management offers private and institutional investors innovative concepts and professional risk management strategies. Our experts develop solutions that are specifically configured for your needs and address your return, risk and liquidity goals, focussing preferentially on selected areas where we have especially deep knowledge. We combine different investment styles – discretionary and quantitative – under one roof, and execute them in asset management mandates, segregated accounts and mutual funds.

Discretionary investment strategies are based on fundamental management decisions, taking into account macro- and microeconomic data. From that we develop strategic and tactical market opinions which we execute in the form of an allocation, most especially in our multi-asset strategies. We select individual securities through fundamental bottom-up analysis, drawing on a wide range of in-house and outside research, as well as the long experience of our multiple award-winning portfolio managers.

Discretionary Investments

Quantitative investment strategies are rule-based and follow a clearly defined process. All investment decisions are made systematically and objectively. They are transparent, free of emotional influences, and always clearly understandable for investors.
Our equity selection model identifies individual stocks that appear fundamentally undervalued, have shown a high resistance in falling market phases and are currently in an attractive trend phase.
We also use quantitative selection and allocation models with success in fixed income portfolios. In the multi-asset strategy, the allocation of investment classes is dynamically adjusted to the market environment in accordance with the set risk budget.
All strategies remain under ongoing risk management to monitor and control the respective portfolio risks.

Quantitative Investments

Active overlay management makes it possible to systematically manage and hedge currency, equity, interest rate and commodity risks within a portfolio. Execution is done independently of the underlying assets in a separate overlay portfolio, using transparent and highly liquid derivatives like futures and forwards.
We are among the leading providers of overlay management solutions, and have been using these strategies successfully since 2002 for investors in various managed accounts. 
 

Overlay Management

Like other liquid alternatives, volatility strategies deliver an alternative and independent performance to  traditional asset classes. That makes them in demand by return-orientated investors in periods of high volatility and low market returns. Used properly, they can increase yield and reduce portfolio risk.
Our volatility strategy takes advantage of capital market fluctuations to offer attractive opportunities that can provide stable earnings and diversify a portfolio. In order to make volatility investable as an alternative source of returns, we sell options so that we can systematically collect volatility risk premiums across multiple markets. The volatility risk premium is comparable to an insurance premium on the capital market.
A stringent and transparent management to limit risk during unfavourable market phases is a fundamental element in our volatility strategy.

Volatility Strategies

Berenberg offers first-class basic solutions and specialised individual fund strategies for your portfolio. You can get a look at our offerings and our investment philosophy here.

Funds

For our Asset Management clients we also offer access to special, mostly exclusive liquid and illiquid investment opportunities.
Participate in interesting new issues, invest in infrastructure & energy, or profit from our special knowledge in the investment classes art and real estate or our participation in interesting financing solutions such as ship loan funds. Our special solutions adhere to the highest standards of quality and transparency.

Exclusive access

Equity funds in the spotlight

Equity investments offer return opportunities, but are also subject to higher fluctuations. Our experienced fund managers for German and European stocks and small caps pursue a clear investment philosophy. They epitomise fundamental equity analysis, a long-term investment horizon and continuous risk management.

House View

A compact summary: How our Asset Management and macroeconomics experts view the capital markets in the current month.

July
Economics: The global upswing continues, sentiment has darkened.
Equities: Stocks with limited upside potential.
Bonds: Safe havens are in high demand, while risk premiums continue to rise.
Commodities: Oil price remains at current level.
Currencies: The euro is under pressure, sterling remains stable.

You can read more here

News: Economics

TRUMP INTENSIFIES TRADE PRESSURES ON CHINA: OBSERVATIONS
ECONOMICS | 12.07.2018
TRUMP INTENSIFIES TRADE PRESSURES ON CHINA: OBSERVATIONS
FED RAISES POLICY RATE, PROJECTS TWO MORE HIKES THIS YEAR
ECONOMICS | 13.06.2018
FED RAISES POLICY RATE, PROJECTS TWO MORE HIKES THIS YEAR
PREVIEW OF FED’S JUNE FOMC MEETING
ECONOMICS | 11.06.2018
PREVIEW OF FED’S JUNE FOMC MEETING
ONE YEAR MACRON: FRANCE IS TURNING THE CORNER
ECONOMICS | 15.05.2018
ONE YEAR MACRON: FRANCE IS TURNING THE CORNER
VISUALIZING GLOBAL TRADE: RISING VOLUMES, MULTILATERAL FLOWS
ECONOMICS | 25.04.2018
VISUALIZING GLOBAL TRADE: RISING VOLUMES, MULTILATERAL FLOWS
ITALY'S COALITION PUZZLE: MISSION IMPOSSIBLE?
ECONOMICS | 18.04.2018
ITALY'S COALITION PUZZLE: MISSION IMPOSSIBLE?
TRUMP'S CHAOTIC TRADE NEGOTIATIONS WILL LIKELY RESULT IN LOWER BARRIERS, BUT AT A COST
ECONOMICS | 04.04.2018
TRUMP'S CHAOTIC TRADE NEGOTIATIONS WILL LIKELY RESULT IN LOWER BARRIERS, BUT AT A COST
Berenberg/HWWI-study
ECONOMICS | 27.03.2018
Berenberg/HWWI-study "Shipping in an era of digital transformation"
POLITICAL UPDATE: WHAT NEXT FOR ITALY?
ECONOMICS | 16.03.2018
POLITICAL UPDATE: WHAT NEXT FOR ITALY?
PROPOSED TARIFFS, POLITICAL DISCORD, AND MARKETS
ECONOMICS | 07.03.2018
PROPOSED TARIFFS, POLITICAL DISCORD, AND MARKETS
CONUNDRUM: WHAT IF BOND YIELDS STAY TOO LOW AGAIN?
ECONOMICS | 06.03.2018
CONUNDRUM: WHAT IF BOND YIELDS STAY TOO LOW AGAIN?
AFTER ITALY: DEALING WITH THE POPULIST MENACE IN EUROPE
ECONOMICS | 06.03.2018
AFTER ITALY: DEALING WITH THE POPULIST MENACE IN EUROPE
ITALY: A MAJOR POLITICAL UPSET
ECONOMICS | 05.03.2018
ITALY: A MAJOR POLITICAL UPSET
PRESIDENT TRUMP'S PROPOSED TARIFFS ON STEEL AND ALUMINUM: THE ECONOMIC IMPLICATIONS OF WRONG-HEADED POLICIES
ECONOMICS | 02.03.2018
PRESIDENT TRUMP'S PROPOSED TARIFFS ON STEEL AND ALUMINUM: THE ECONOMIC IMPLICATIONS OF WRONG-HEADED POLICIES
EUROZONE SENTIMENT STILL LOOKS PROMISING DESPITE SMALL CORRECTION
ECONOMICS | 27.02.2018
EUROZONE SENTIMENT STILL LOOKS PROMISING DESPITE SMALL CORRECTION
FED CHAIR POWELL’S TESTIMONY: BULLISH ON ECONOMIC MOMENTUM
ECONOMICS | 27.02.2018
FED CHAIR POWELL’S TESTIMONY: BULLISH ON ECONOMIC MOMENTUM
THE STORY BEHIND GERMANY'S CURRENT ACCOUNT
ECONOMICS | 23.02.2018
THE STORY BEHIND GERMANY'S CURRENT ACCOUNT
MOMENTUM IN GLOBAL ECONOMIES AND TRADE
ECONOMICS | 16.02.2018
MOMENTUM IN GLOBAL ECONOMIES AND TRADE
ITALIAN ELECTION: ASSESSING THE RISKS
ECONOMICS | 15.02.2018
ITALIAN ELECTION: ASSESSING THE RISKS
MONDAY MACRO UPDATE: MARKET RISKS, GERMAN POLITICS, BREXIT
ECONOMICS | 12.02.2018
MONDAY MACRO UPDATE: MARKET RISKS, GERMAN POLITICS, BREXIT
GERMAN COALITION: THEY HAVE A DEAL, BUT NOT YET A GOVERNMENT
ECONOMICS | 07.02.2018
GERMAN COALITION: THEY HAVE A DEAL, BUT NOT YET A GOVERNMENT
THE EUROZONE LABOUR MARKET: NICE JOB
ECONOMICS | 02.02.2018
THE EUROZONE LABOUR MARKET: NICE JOB
TRUMP’S STATE OF THE UNION – ECONOMIC TAKEAWAYS ON INFRASTRUCTURE SPENDING INITIATIVE
ECONOMICS | 30.01.2018
TRUMP’S STATE OF THE UNION – ECONOMIC TAKEAWAYS ON INFRASTRUCTURE SPENDING INITIATIVE
MACRO UPDATE: GERMAN COALITION, GERMAN STRIKES, ITALIAN ELECTION, CATALONIA
ECONOMICS | 29.01.2018
MACRO UPDATE: GERMAN COALITION, GERMAN STRIKES, ITALIAN ELECTION, CATALONIA
RETURN TO THE MEAN: THE CURRENCY STORY
ECONOMICS | 26.01.2018
RETURN TO THE MEAN: THE CURRENCY STORY
US Q4 REAL GDP: STRONG DOMESTIC DEMAND AND MOMENTUM SUGGEST MORE TO COME
ECONOMICS | 26.01.2018
US Q4 REAL GDP: STRONG DOMESTIC DEMAND AND MOMENTUM SUGGEST MORE TO COME
GERMAN SPD NARROWLY BACKS NEW TERM FOR MERKEL - BUT RISKS REMAIN
ECONOMICS | 21.01.2018
GERMAN SPD NARROWLY BACKS NEW TERM FOR MERKEL - BUT RISKS REMAIN
OUTLOOK 2018: ALMOST TOO GOOD TO BE TRUE?
ECONOMICS | 17.01.2018
OUTLOOK 2018: ALMOST TOO GOOD TO BE TRUE?
US: ELEVATED SENTIMENT BODES WELL FOR 2018 REAL ACTIVITY
ECONOMICS | 10.01.2018
US: ELEVATED SENTIMENT BODES WELL FOR 2018 REAL ACTIVITY
GLOBAL OUTLOOK 2018: COPING WITH THE BOOM
ECONOMICS | 04.01.2018
GLOBAL OUTLOOK 2018: COPING WITH THE BOOM
U.S. TAX REFORM LEGISLATION OBSERVATIONS
ECONOMICS | 21.12.2017
U.S. TAX REFORM LEGISLATION OBSERVATIONS
U.S. TAX REFORM TO LIFT GROWTH, PROFITS, EMPLOYMENT, AND WAGES
ECONOMICS | 17.12.2017
U.S. TAX REFORM TO LIFT GROWTH, PROFITS, EMPLOYMENT, AND WAGES
Eurozone outlook: how hot can it get?
ECONOMICS | 06.12.2017
Eurozone outlook: how hot can it get?
The great convergence: Eurozone labour costs
ECONOMICS | 01.12.2017
The great convergence: Eurozone labour costs
EUROZONE SENTIMENT: SOFT DATA SIGNALS UPSIDE RISK FOR COMING QUARTERS
ECONOMICS | 29.11.2017
EUROZONE SENTIMENT: SOFT DATA SIGNALS UPSIDE RISK FOR COMING QUARTERS
US CONSUMER - CONFIDENCE DRIVEN SPENDING
ECONOMICS | 28.11.2017
US CONSUMER - CONFIDENCE DRIVEN SPENDING
UPDATED HOUSE-SENATE SIDE-BY-SIDE TAX LEGISLATION COMPARISON
ECONOMICS | 21.11.2017
UPDATED HOUSE-SENATE SIDE-BY-SIDE TAX LEGISLATION COMPARISON
FOUR GERMAN QUESTIONS
ECONOMICS | 20.11.2017
FOUR GERMAN QUESTIONS
US: HOUSE PASSES ITS TAX BILL, SENATE UP NEXT
ECONOMICS | 16.11.2017
US: HOUSE PASSES ITS TAX BILL, SENATE UP NEXT
US: CORE CONSUMER PRICES FIRMING AND RETAIL SALES SOLID IN OCTOBER
ECONOMICS | 15.11.2017
US: CORE CONSUMER PRICES FIRMING AND RETAIL SALES SOLID IN OCTOBER
GERMANY: THE BEST OF THE GOLDEN DECADE
ECONOMICS | 14.11.2017
GERMANY: THE BEST OF THE GOLDEN DECADE
EUROZONE GROWTH: EVEN ITALY AND PORTUGAL ARE HELPING
ECONOMICS | 14.11.2017
EUROZONE GROWTH: EVEN ITALY AND PORTUGAL ARE HELPING
TIME TO WORRY? OIL PRICES AND GEOPOLITICAL RISKS
ECONOMICS | 10.11.2017
TIME TO WORRY? OIL PRICES AND GEOPOLITICAL RISKS
US House, Senate Tax Legislation Bills Advance
ECONOMICS | 10.11.2017
US House, Senate Tax Legislation Bills Advance
SHOULD THE ECB STILL RELY ON THE PHILLIPS CURVE?
ECONOMICS | 03.11.2017
SHOULD THE ECB STILL RELY ON THE PHILLIPS CURVE?
CHART OF THE WEEK - BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
ECONOMICS | 20.10.2017
CHART OF THE WEEK - BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
ECONOMICS | 20.10.2017
BOND YIELDS: WHAT HAPPENS WHEN EASY MONEY ENDS?
THE POWER OF MONEY: STABLE UPSWING AHEAD
ECONOMICS | 13.10.2017
THE POWER OF MONEY: STABLE UPSWING AHEAD
U.S. CONFIDENCE POINTS TOWARD SUSTAINED MOMENTUM
ECONOMICS | 09.10.2017
U.S. CONFIDENCE POINTS TOWARD SUSTAINED MOMENTUM
NOTES ON THE INFLATION PUZZLE
ECONOMICS | 06.10.2017
NOTES ON THE INFLATION PUZZLE
NOTES ON THE INFLATION PUZZLE
ECONOMICS | 06.10.2017
NOTES ON THE INFLATION PUZZLE
THE BERENBERG GUIDE TO THE GERMAN ELECTION
ECONOMICS | 21.09.2017
THE BERENBERG GUIDE TO THE GERMAN ELECTION
THE BOE'S JOB IS DONE: IT IS TIME FOR RATE HIKES
ECONOMICS | 01.09.2017
THE BOE'S JOB IS DONE: IT IS TIME FOR RATE HIKES
EURO PLUS MONITOR 2017: Into a higher gear
ECONOMICS | 01.01.2017
EURO PLUS MONITOR 2017: Into a higher gear

News: Asset Management

Markets - Monitor: structured overview of current capital markets developments
ASSET MANAGEMENT | 09.07.2018
Markets - Monitor: structured overview of current capital markets developments
Markets - Focus: extraordinary market events and capital market related special topics
ASSET MANAGEMENT | 11.06.2018
Markets - Focus: extraordinary market events and capital market related special topics
Berenberg receives award as best asset manager for German equities
ASSET MANAGEMENT | 09.05.2018
Berenberg receives award as best asset manager for German equities
Berenberg appoints Lars Albert as Head of Sales Asset Management
ASSET MANAGEMENT | 02.11.2017
Berenberg appoints Lars Albert as Head of Sales Asset Management
EUROPEAN EQUITIES: PROFIT GROWTH CONTINUES TO DRIVE THE RALLY
ASSET MANAGEMENT | 02.11.2017
EUROPEAN EQUITIES: PROFIT GROWTH CONTINUES TO DRIVE THE RALLY
Berenberg to set up two new equity funds with Peter Kraus with a focus on European second-tier stocks
ASSET MANAGEMENT | 11.10.2017
Berenberg to set up two new equity funds with Peter Kraus with a focus on European second-tier stocks
ROBUST START TO THE END-OF-YEAR RUSH – BONDS FROM EMERGING ECONOMIES REMAIN ATTRACTIVE
ASSET MANAGEMENT | 28.09.2017
ROBUST START TO THE END-OF-YEAR RUSH – BONDS FROM EMERGING ECONOMIES REMAIN ATTRACTIVE
Henning Gebhardt receives Sauren Golden Award 2017
ASSET MANAGEMENT | 08.09.2017
Henning Gebhardt receives Sauren Golden Award 2017
Market Commentary: Small and Medium-Size German Companies
ASSET MANAGEMENT | 23.08.2017
Market Commentary: Small and Medium-Size German Companies

Current Investment Ideas

We invest in a wide range of investment classes and strategies. They are the building blocks of your portfolio, allowing us to develop individual investment concepts, combine strategies for a perfect fit, and tune them to meet the needs and wishes of the investor. Here we present selected investment ideas for the current market environment.

Contact

Investors have different needs and individual goals. The market environment, laws and regulations have a major influence on the capital investment decisions of private and institutional investors. Our experienced team understands these challenges, and can develop the ideal investment solutions with and for you.

Private Investors
Funds may be purchased at your local bank.
Further information at

 

Professional Investors
Lars Albert, Leiter Sales Asset Management
Phone: +49 69 91 30 90-520
Mobile: +49 172 446 25 68