Bernd Förtsch

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Bernd Förtsch (born June 30, 1962 ) is a German entrepreneur and publisher . He is the founder and owner of the in Kulmbach based Börsenmedien AG, among others, the stock market and financial magazines , the shareholder and the investor out there. In addition, Bernd Förtsch is founder and owner of Aktionär TV AG (formerly German investor television ) and founder of the online broker flatex . Förtsch achieved notoriety above all in the context of the stock market euphoria of the Neuer Markt .

activity

In 1989 he founded Börsenbuchverlag, the predecessor of Börsenmedien AG, where Bernd Förtsch began translating and distributing stock market books by international bestselling authors, including Peter Lynch and André Kostolany . In 1996 the stock exchange magazine Der Aktionär was founded , which has established itself as one of the most important German business magazines with a weekly circulation of 55,000 . Initially still working as editor-in-chief himself, Förtsch later withdrew from day-to-day business to act as editor. In the same year Förtsch published the Infotech Report, the first German-language stock market letter on the subject of Internet stocks. In the course of time he expanded the range of offerings of Börsenmedien AG to include stock market letters such as the Biotech Report and the Open Market Report .

In 2004 he brought a program on television with Der Aktionär TV , which also implemented the idea of Der Aktionär on the screen. The program was broadcast on N24 and provided viewers with news from the business world and explained connections between news and price development. The show was moderated by Jochen Sattler .

In 2006 Förtsch founded the German investor television (DAF) . The DAF was the first full-streaming television station on the Internet; Since December 1, 2007, the DAF program has also been broadcast via satellite. It was later spread over various cable networks in Germany, u. a. Unitymedia and Kabel BW . The DAF was nominated in the Best Business Model category for the 2010 IPTV Award presented by the German IPTV Association . In March 2015 it became known that DAF had to file for bankruptcy, which could result in a. the high distribution costs via Astra as well as the disappearance of important advertising customers, for example because of the abolition of the minimum exchange rate for the Swiss franc in January 2015. In this context, Conrad Heberling and Mick Knauff resigned from their board positions on March 6th . The channel is to be restructured into a purely internet-based offer, but with as many employees as possible. In November 2015, the company announced that it had completed the insolvency proceedings and renamed itself Aktionär TV AG.

In December 2014 it was announced that Bernd Förtsch had taken over the majority in the debate magazine The European . Förtsch acquired 78 percent of the shares, founder Alexander Görlach 15 percent. In July 2015, Förtsch parted with its shares after the entire team was able to continue its work after the consolidation was completed. The Weimer Media Group has since been the new owner of the magazine .

In November 2018, Börsenmedien AG announced that it would take over 100 percent of the shares in vwd netsolutions GmbH from vwd Vereinigte Wirtschaftsdienste GmbH . The company, based in Berlin, operates the finance portal finanztreff.de , which, according to the information community, is one of the most important finance portals in German-speaking countries for determining the distribution of advertising media . Bernd Förtsch announced that he wanted to "restore the portal to its former strength". The portal was founded in 1998.

Act as a publisher

Since 1986, Förtsch has published well over 100 books under the labels Börsenbuchverlag, books4success and Plassen Verlag, including titles by well-known authors such as Geraint Anderson Cityboy: The book from the heart of the London financial district , Peter Schiff How an economy grows ... and why it is crashing , Peter Lynch One step ahead of the stock market and André Kostolany Money, the great adventure . In 2012, there were works by George Soros Thoughts and Suggestions for Solutions to Financial Chaos in Europe and America , as well as Bill Clinton There is a lot to do . Some of the titles have made it into the bestseller lists of Der Spiegel and Manager Magazin in recent years , including the 2015 book by Daniela Katzenberger with the title “A chick becomes a mom: nine months on the way to a kitten” the book fair in Frankfurt am Main attracted a lot of attention.

The book by Peter Schiff was awarded the renowned Corine Literature Prize in the business book category. Robert Hagstrom's book Warren Buffett. His way. His method. His strategy was described by the business newspaper Handelsblatt as one of the 50 most important business books of all time. Most recently, the book “The Second Machine Age” by the authors Erik Brynjolfsson and Andrew McAfee was awarded the 2015 German Business Book Prize. The book published by Plassen Verlag received the award for the well-founded forecast of the digital revolution in industry.

Online brokerage

Bernd Förtsch is the founder and majority owner of the online broker flatex, which was founded in 2006 . The company, based in Kulmbach, has been listed on the Open Market of the Frankfurt Stock Exchange since June 2009 (renamed Fintech Group AG since 2014) and is one of the leading online brokers in Germany with over 200,000 customers. The company's share has risen by 320 percent since its IPO (as of December 2015). In 2009 flatex took over the German business of the US broker E-Trade with 11,500 customers. In 2011 the company entered the Austrian market. In 2014, under the umbrella of the holding company, which has now been renamed Fintech Group AG, Die Aktionärsbank Kulmbach GmbH was founded, an online broker with a full banking license. In November 2014, Fintech announced that it had contractually secured an option to acquire a 54 percent majority in the XCOM Group. An important group company of the XCOM Group is the biw Bank , a deposit- taking credit institute that, in addition to extensive market presence, acts as an outsourcing and transaction partner for banks, financial service providers and other sales partners. Among other things, the fintech subsidiary flatex has been a customer of biw Bank since it was founded. On March 24, 2015, the FinTech Group announced that it had successfully completed the takeover of XCOM AG.

Holdings

Bernd Förtsch has been financially committed to nanotechnology for years . Among other things, he is involved in the Frankfurt- based investment company Nanostart AG, which specializes in investments in the nanotech sector . Förtsch founded this together with Marco Beckmann at the end of 2003 and floated it on the stock exchange in summer 2005. He holds 54 percent of the Nanostart shares through BF Holding GmbH (as of October 2012). Nanostart, on the other hand, held the majority in Berlin-based MagForce AG for a long time, which has been working on the so-called NanoTherm® therapy for years - a new type of method for the local treatment of brain tumors . In 2011 MagForce received approval to use this therapy. Förtsch was a member of the Supervisory Board of MagForce AG until August 19, 2014 . The end of the engagement coincided with the entry of Mithril Capital Management, a growth fund founded by Ajay Royan and Peter Thiel for transformative and long-term technology companies. At the end of 2015, Nanostart announced that it would withdraw from the loss-making area of ​​nanotechnology in order to concentrate on German real estate. On December 22nd, 2017 it was announced that Förtsch was taking over the insolvent Hummel Manufaktur in Rödental in Upper Franconia . After two previous insolvencies, he wants to subject the company, which has existed since 1935, to a restructuring process . He sees one of the greatest challenges in increasing the value in which he wants to invest. Sales and, as a result, the development of margins are central components of his concept, which is intended to help Hummel regain its old strength.

Stock exchange

At the height of the speculative bubble that lasted until spring 2000 , Bernd Förtsch managed and advised investment funds with a volume of around three billion DM. The DAC-Contrast-Universal-Fonds (WKN 849069) he managed was long considered one of the best new market Funds . Even years later, Förtsch achieved success. Among other things, he worked as a consultant for the asset development fund HAIG I (WKN 541972), which was named Fund of the Year in 2003 by the magazines Finanz und Euro am Sonntag and in January 2008 with the Fund Award from Euro am Sonntag (1st place in the mixed funds category (mostly stocks) over a period of 5 years ). The HAIG I asset accumulation fund had meanwhile achieved a 5-year performance of over 150 percent, which the rating agency Morningstar rated with five stars.

Förtsch himself has also received several awards: in 1998 he received the title of Fund Manager of the Year from the magazine finances and the Micropal for the DAC-Fonds UI (WKN 978172) - performance from launch in 1997 to the high in March 2000: 984 percent Received an award from Standard & Poor's for the best result of all international equity funds. The Wall Street Journal named him fund manager of the year twice .

According to a judgment by the Hamburg Regional Court on February 28, 2006, the editorial team of DER FONDS can still claim that Bernd Förtsch has suffered a “total shipwreck” with his DAC fund UI .

The DAC-Contrast-Universal-Fonds and the DAC-Fonds UI were both dissolved in 2010.

Awards

In 2008, Bernd Förtsch was awarded the Silver Citizen Medal in his hometown of Kulmbach.

Mandates

  • Member of the Supervisory Board of FinTech Group AG until January 31, 2017
  • Member of the Supervisory Board of MagForce AG until August 19, 2014
  • Member of the supervisory board of ViTrade AG until January 11, 2014
  • Chairman of the Supervisory Board of Panthera Capital AG
  • Member of the Supervisory Board of XCOM AG until January 31, 2017

Individual evidence

  1. ↑ The stock exchange media start the magazine "The Investor". | turi2 . In: turi2 . ( turi2.de [accessed on January 25, 2018]).
  2. ↑ http://www.presseportal.de/pm/13399/611348/neu-auf-n24-der-aktionaer-tv-ab-05-11-04-freitags-um-19-30-uhr-moderation-jochen -saddler
  3. ↑ DYRK SCHERFF: The Return of the brazen deceiver - FAZ, August 28, 2006
  4. ↑ The nominees for the German IPTV Award have been confirmed at digitalfernsehen.de (visited on October 31, 2010)
  5. ↑ German financial news channel DAF goes insolvent
  6. ↑ http://www.boersenmedien.de/DAF-wird-AktionaerTV.htm
  7. ↑ Debattenmagazin: Dotcom legend buys "The European". In: Spiegel Online . December 6, 2014, accessed June 10, 2018 .
  8. ↑ http://www.theeuropean.de/the-european/10467-verkauf-an-die-weimer-media-group
  9. ↑ Börsenmedien AG takes over finanztreff.de . In: presseportal.de . ( presseportal.de [accessed on November 14, 2018]).
  10. ↑ http://www.tz.de/stars/kreischalarm-bei-katzenberger-auf-der-buchmesse-zr-5657258.html
  11. ↑ http://www.quadriga-communication.de/pressemitteilungen/Peter-und-Andrew-Schiff-erhalten-den-begehrten-CORINE-Buchpreis/
  12. ↑ http://www.handelsblatt-shop.com/downloads/frankfurter-buchmesse-spezial-p4181.html
  13. ↑ http://www.handelsblatt.com/panorama/kultur-kunstmarkt/wirtschaftsbuchpreis/deutscher-wirtschaftsbuchpreis-2015-hohe-auszeichnung-fuer-the-second-machine-age/12458810.html
  14. ↑ http://www.fintechgroup.com/fileadmin/fintech/content/pdfs/2015/news/pm_150930_fintech_group_erreich_200000_kunden.pdf
  15. ↑ http://www.flatex.at/top/investor-relations/unternehmensgeschichte.html  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / www.flatex.at  
  16. ↑ Archived copy ( Memento from December 26, 2014 in the Internet Archive )
  17. ↑ Archived copy ( Memento from December 26, 2014 in the Internet Archive )
  18. ↑ http://www.fintechgroup.com/fileadmin/fintech/content/pdfs/2015/news/pm_150324_fintech_group_uebernnahm_mehrheit_an_der_xcom.pdf
  19. ↑ Archive link ( Memento of the original from December 25, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / nanostart.de
  20. ↑ http://www.magforce.de/fileadmin/magforce/teaser/MagForce_EN_ISO_13485_Zertifikat_-_deutsch.pdf
  21. ↑ MagForce expands into the US market ( Memento from November 26, 2014 in the web archive archive.today )
  22. ↑ - ( Memento from December 28, 2015 in the Internet Archive )
  23. ↑ New owner for Hummel-Manufaktur. In: Handelsblatt.com. December 22, 2017. Retrieved December 23, 2017 .
  24. ↑ After bankruptcy: rescue for Hummel figurines? Retrieved January 25, 2018 (German).
  25. ↑ Heike Bangert: New Markets Fund: Entry Opportunities. In: Focus Online . August 24, 2000, accessed October 14, 2018 .
  26. ↑ One step ahead of the stock exchange ( Memento from January 14, 2013 in the web archive archive.today )
  27. ↑ Second iFG fund is launched ( Memento from July 16, 2015 in the Internet Archive )
  28. ↑ http://www.fondscheck.de/news/Artikel-DAC_Fonds_UI_totaler_Schiffbruch-980671
  29. ↑ http://www.portfolio-international.de/newsdetails/article/universal-investment-macht-foertsch-fonds-dicht.html
  30. ↑ Archived copy ( Memento from December 26, 2014 in the Internet Archive )
  31. ↑ http://www.magforce.de/presse-investoren/news-events/detail/article/agforce-ag-gibt-positive-results-der-hauptversammlung-2014-known.html
  32. ↑ Archive link ( Memento from May 14, 2012 in the Internet Archive )
  33. ↑ Archive link ( Memento from October 22, 2012 in the Internet Archive )
  34. ↑ https://www.xcom.de/unternehmen/management/

Web links

personal data
SURNAME Förtsch, Bernd
BRIEF DESCRIPTION German publisher
DATE OF BIRTH June 30, 1962
PLACE OF BIRTH Kulmbach