30.11.2016 — Elite asset manager – Berenberg voted No. 1 for 8th time in a row
Hamburg. Private bank Berenberg has once again been named “Best Asset Manager” in the “Elite Report”.
Yesterday evening in Munich, Germany’s oldest private bank was awarded the “Winner’s certificate” in the report “Die Elite der Vermögensverwalter”. This is now the eighth time in a row that it has achieved the best score in the analysis, earning the title of “Best Asset Manager”. Elite Report editor-in-chief Hans-Kaspar v. Schönfels highlighted: “Berenberg doesn’t rest on its laurels. Instead, it is constantly reassessing and renewing itself in order to meet clients’ wishes to preserve their wealth. To do this, the bank is using more and more top-class experts. Berenberg is responding to the changed market conditions and can build on positive and clearly conservative asset management. The bank understands the tricky situation and knows just how far today’s asset managers have to analyse and think in order to meet the client´s brief.”
“We are delighted to accept this sought-after award for what is now the eighth time,” says Dr Hans-Walter Peters, Spokesman for the Managing Partners of Berenberg. “For 426 years, our bank has been characterised by its ability to change. Based on that tradition, we gear the growth and structure of wealth management consistently to the changing needs and lives of our clients.”
In the study, the Elite Report analysed a total of 348 asset managers throughout the German-speaking countries; only 46 institutions were classified as recommended, with Berenberg again coming out top of the list.
Earlier, on 26 October, Berenberg had been named “Best Private Bank in Germany” for the sixth time in a row by the trade magazines The Banker and Professional Wealth Management (both part of the Financial Times Group) at the Global Private Banking Awards in London. In addition, Berenberg was given the top rating in the “Tops 2017 - Vermögensmanagement im Test” asset management ranking by the Fuchsbriefe publication on 21 November and was awarded second place in the country ranking for Germany.