C-QUADRAT: Stable volume in Q3 and among Feri's top three small KAGs
C-QUADRAT KAG takes third place in small KAG category in Feri's latest report Total fee generating assets as at 30 September 2008: 4.3 billion (30 June 2008: 4.5 billion after adjustment*)
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Vienna (euro adhoc) - Vienna/Frankfurt, 13 October 2008. In the latest rating report by Feri (the renowned German fund rating company), C-QUADRAT KAG has placed third in the category of small KAGs (Austrian and German investment companies with banking licence). This ranking represents the fund companies with the highest ratio of top rated funds (that are available in Germany). The higher the share of funds with top ratings, the better the fund company is rated. "Less than two years after the launch of C-QUADRAT's sales operations in Germany, this result is especially motivating for us. Turbulent times in particular always separate the wheat from the chaff. This rating from Feri is an award for us as a KAG and a fantastic affirmation for our customers", said C-QUADRAT Board of Management member and company founder Alexander Schütz delightedly.
The total fee generating assets of C-QUADRAT Investment AG (ISIN AT0000613005) as at 30 September 2008 amounted to EUR4.3 billion (30 June 2008: EUR4.5 billion after adjustment*). EUR4.1 billion of this EUR4.3 billion related to core fee generating assets. These include the core business of asset management and fund brokerage. The non-core fee generating assets accounted for around EUR0.2 billion. This also includes volumes not allocated to the core business areas.
* The sale of the dormant participation in the Vienna branch of Privatinvest Bank reduced the volume of non-core fee generating assets from EUR0.4 billion to EUR0.2 billion.
C-QUADRAT- the fund company - is an independent asset manager operating across Europe. Founded in 1991, the company has had is own asset management company with a bank licence since 2003 and has been listed in the Prime Standard of the Frankfurt Stock Exchange since November 2006 and in the Prime Standard of the Vienna Stock Exchange since May 2008. The C-QUADRAT team has made a name for itself across Europe with its asset management, analysis and investment fund management activities and by devising structured products. Innovative investment strategies for institutional investors round off the product offering. Many banks, insurance companies and financial service providers operating internationally rely on the expertise of C-QUADRAT.
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Further inquiry note:
Andreas Wimmer
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Wien
Tel.: +43 1 515 66 316
Fax: +43 1 515 66 359
Mail: a.wimmer@investmentfonds.at
Branche: Financial & Business Services
ISIN: AT0000613005
WKN:
Index: Prime.market
Börsen: Börse Frankfurt / official market
Wiener Börse AG / official market
Original-Content von: C-QUADRAT Investment AG, übermittelt durch news aktuell