27.11.2019 — “The Asset Manager Elite” – Berenberg takes first place for the eleventh time
Hamburg/Munich. For the eleventh time in a row, the Berenberg private bank has been named “Best Asset Manager” in the German-speaking countries in the Handelsblatt Asset Manager Elite report. The highest rating, “summa cum laude,” went to Germany’s oldest private bank for the 16th time.
Elite Report Editor-in-Chief Hans-Kaspar von Schönfels said that “standstill brings immobility and is detrimental. This tradition-rich private bank has accordingly invested in new areas, in addition to conventional asset management. It has done so very successfully, and this will stand it in good stead going forward. The vitality of its approach to the markets explains why Berenberg is also changing internally. Changing markets demand new answers. The numbers show the growing strength of this bank, and Berenberg is now one of the leading asset management specialists.”
“We are very proud and delighted to receive this distinction now for the eleventh time in a row,” said Hans-Walter Peters, Spokesman of the Managing Partners of Berenberg. “With our deep understanding of clients’ needs, the quality and breadth of our services, and our pronounced investment expertise, we look forward to further growth and expansion in our Wealth Management offerings.”
This year, the Elite Report examined 350 asset managers throughout the German-speaking countries.
Shortly before that, Berenberg had already received a “recommended” rating in the Financial Times Group Global Private Banking Awards. EURO magazine rated Berenberg “good” in its 2019 Private Banking Test, and highlighted the bank’s risk analysis as the best on the market.
Caption: Hans-Kaspar von Schönfels (Editor-in-Chief, Elite Report), Dr Hans-Walter Peters (Spokesman of the Managing Partners, Berenberg), Dirk Wehmhöner (Head of Wealth Management, Berenberg), Karsten Wehmeier (Director Corporate Communications, Berenberg), Roland Weigert (State Secretary, Bavarian Ministry of Economic Affairs)
Photo: Elite Report, free of charge