Kurt Ochner

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Kurt Ochner (* 1953 ) is a German fund manager .

Life

Kurt Ochner began his work as a business graduate at Baden-Württembergische Bank . After that, in the 1980s, he was a "small caps specialist" at the bank Schröder, Münchmeyer, Hengst & Co., which has since gone under .

In the Bank Julius Baer , he was then fund manager with responsibility for the new market . In his prime there he managed fund assets of around 12 billion German marks . The Special German Stock Fund , launched by Julius Baer, ​​achieved an increase in value of over five hundred percent of the total fund assets under his leadership from 1996 to 2000. In April 2001, Julius Baer Kapitalanlage AG, a subsidiary of the Julius Baer bank, and Ochner parted ways because of different strategic views on business activities. Ochner was accused of having had too intensive contact with the boards of those companies in which he had been involved through his funds; in doing so, he had become prone to misinformation. In addition, he invested too risky in stocks on the Neuer Markt. From 2004 to 2011 he was a member of the board of KST Beteiligungs-AG in Stuttgart, after having acquired twenty percent of its shares from Baader Wertpapierhandelsbank. Twenty percent of the shares remained with Baader, the remaining sixty percent were then in free float . KST specialized in investments in smaller companies in mechanical engineering, medical technology, media or the consumer goods industry such as the Sektkellerei Schloss Wachenheim .

In 2012 he was among other things chairman of the supervisory board of Sinosol AG.

Ochner is married and has two daughters.

Advisory error processes

In the aftermath of his work at Bär, all lawsuits filed by private investors against Ochner were unsuccessful. Most recently, at the end of 2003, a lawsuit filed by three private investors against Ochner's advisory work at the Bär bank failed. Overall, the wording in the sales prospectus of the criticized securities would have indicated that it was a very risky business with high profit and loss expectations, so the judges in their verdict. Ochner also noted that those responsible for companies in the Neuer Markt had operated with too optimistic figures in statements made to him.

Web links

Individual evidence

  1. ↑ Manager Magazin: Kurt Ochner - Neues Spiel, neue Glück from February 19, 2004, accessed on April 2, 2012
  2. ^ Share Pope Ochner overthrown . Financial Times Germany. April 3, 2001. Archived from the original on February 6, 2013. Retrieved on August 20, 2012.
  3. ↑ Stuttgarter Zeitung on the KST Beteiligungs AG website: I'm not an instant banker with cufflinks ( memento of the original from November 4, 2013 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. of July 16, 2004, accessed April 2, 2012 @1@ 2Template: Webachiv / IABot / www.kst-ag.de
  4. ↑ Supervisory Board . Sinosol AG. Retrieved August 31, 2012.
  5. ↑ FAZ: Fund industry - Julius Baer separates from fund manager Ochner on April 2, 2001, accessed on April 2, 2012
personal data
SURNAME Ochner, Kurt
BRIEF DESCRIPTION German fund manager
DATE OF BIRTH 1953