Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

31820

Lyxor completes integration of Commerzbank’s asset management activities with launch of new branch in Germany

RELATED TOPICS​

Lyxor Asset Management has completed the integration of Commerzbank’s asset management activities and of its total EUR16 billion in assets under management, following the purchase of Commerzbank’s Equity Markets & Commodities business by its parent company Societe Generale Group in November 2018.

As part of this integration, Lyxor has opened its first asset management branch both in Germany and outside of France, which is called Lyxor International Asset Management SAS Deutschland (Lyxor Deutschland) and is based in Frankfurt am Main. The branch will be jointly managed by Guillaume de Martel and Thomas Timmermann who are appointed co-heads of Lyxor Deutschland.
 
Lyxor Deutschland brings all of Lyxor’s own active and passive investment activities in Germany and Commerzbank’s EMC asset management business under one roof – including notably the ComStage range, one of the leading ETF providers in German retail banking.

They will be backed by a unified and expanded team of experts in Frankfurt, meaning institutional and private investors alike can be confident Lyxor Deutschland will offer them the products, scale and servicing they need.

Lyxor has been present in Germany since 2010 and will now lean on Commerzbank’s robust set-up and the expertise of its local asset management professionals to expand its range of active and passive investment solutions and deliver seamless client service in Germany and Austria.
 
Lionel Paquin (pictured), CEO of Lyxor Asset Management, says: “Thanks to our combined strengths, our shared client-oriented culture and our common vision of asset management, we are building an even stronger asset manager, right at the heart of Europe. With a platform founded on ETF expertise and innovation, active asset management and a deep understanding of the German retail market, I am convinced that together we will be even better placed and better equipped to support our clients as their needs evolve.”
 
Guido Zoeller, Group Country Head Germany & Austria for Société Générale, adds: “The launch of the new Lyxor Asset Management branch in Germany marks an important step in the on-going integration of EMC activities acquired by Societe Generale from Commerzbank. This new platform will allow Lyxor to further strengthen its development in Europe, especially in the German market, while complementing Societe Generale’s offering in Germany for the benefit of our clients.”

Latest News

Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15..
New analysis by London-based Nickel Digital Asset Management reveals 38 listed companies with a combined..
Bloomberg has announced that for the first time, its proprietary Bloomberg Second Measure (BSM) transaction..

Related Articles

Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by