German private bank Berenberg has appointed Tim Albrecht as Head of German Equities in Wealth and Asset Management effective 1 January 2019.
“Tim Albrecht has won many awards as a fund manager, and I value him greatly as a colleague. His appointment is a clear reflection of our intention to become one of the best equity investment houses in Germany and Europe,” says Henning Gebhardt, Head of Wealth and Asset Management at Berenberg. Tim Albrecht will be Head of German Equities and report into Matthias Born, CIO Equities.
Under Henning Gebhardt, who came to Berenberg from DWS in 2017, the bank has greatly expanded its Wealth and Asset Management operations. “With fund managers like Matthias Born, Peter Kraus, Andreas Strobl and now Tim Albrecht, we have an outstanding team of investment experts to drive our growth, with unique expertise in German and European equities.
“The performance that our equity-team has achieved so far shows that we have taken the right path in building this team with an additional boost from this high-profile new hire.”
Discretionary funds and strategies are managed in Frankfurt, while quantitative strategies and overlay management are run from Hamburg. The outstanding expertise that the bank has built up benefits its Wealth Management clients as well as institutional clients. Its funds products can also be purchased by non-clients.
Following a vocational training program for bankers and after studying business administration in Würzburg, Albrecht started his career in 2000 at DWS, the funds subsidiary of Deutsche Bank where he is currently Head of Equities for the German-speaking countries. Before that he was Head of German Equities and Global Sector Head for Industrials, among other positions. As Lead Fund Manager for DWS Investa, DWS Deutschland and DWS Aktien Strategie Deutschland he manages several DWS flagship funds, overseeing an investment volume of EUR14 billion. He has won numerous awards, including Fund Manager of the Year and Best Fund Manager for German Equities.