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New investment categories for institutional investors04.04.2006
Since April 1, 2006, MEAG has been offering institutional investment categories for four of our mutual funds.
Managing Director Dr. Robert Helm explains: "According to the IFRS accounting standards, institutional investors in mutual funds do not have to disclose the assests that the funds contain individually, unlike in other indirect investment classes. In addition, mutual funds can be valued and traded every trading day and have low transaction costs at MEAG."
In 2005, xtp Transaction Partners honoured MEAG for "Best Execution" in the field of equity funds.
About MEAG: MEAG MUNICH ERGO AssetManagement GmbH of Munich, Germany, manages the assets of Munich Re and ERGO Insurance Group. With offices located in New York and Hong Kong, MEAG is a global player. In addition to handling equities, MEAG collaborates with partners outside the Munich Re. Currently, MEAG manages assets valued at approximately €180 billion.
Munich 04/04/2006
Contact: Dr. Josef Wild Phone: 089 | 2489 - 2072 Fax: 089 | 2489 - 2075 E-mail: JWild@meag.com
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