ADIG General German Investment Company

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The ADIG General German investment company with limited liability was an investment company .

history

The A eneral D eutsche I nvestment -G ompany was established in November 1949 by four Bavarian banks as the first German investment company founded. Involved were u. a. the Bayerische Vereinsbank , the Bayerische Staatsbank and the Bankhaus H. Aufhäuser . A year later, the first were investment funds in Germany laid by the ADIG: the Fondra (SIN 847 100), a balanced fund ( Fon ds for d eutsche R ducks and A ktien) and the Fondak (SIN 847 101), a stock funds ( Fon ds for d eutsche Ak tien). Both funds were subsequently managed by Cominvest. In 1951 Commerzbank took a stake in ADIG. From 1965, allowed the construction account the savings fund . In 1994 ADIG launched the first German money market fund .

In 2002 ADIG was merged with Cominvest Asset Management after Commerzbank had acquired the majority in ADIG in 1999. The name was initially used as a brand name for the sale of mutual funds. Since September 2006, the names ADIG and ALSA (ADIG Luxemburg Société Anonyme ) have gradually disappeared from the fund names and from the market and have been replaced by Cominvest. The renaming was completed in January 2007. The managed fund assets ( assets under management ) in the 90 retail funds most recently amounted to 22.7 billion euros.

literature

Individual evidence

  1. ADIG. In: finanzen.net. Retrieved October 1, 2018 .