Union Investment
| Union Asset Management Holding AG
|
|
|---|---|
 |
|
| legal form | Corporation |
| founding | 1956 |
| Seat | Frankfurt am Main , Germany |
| management |
|
| Number of employees | 3102 |
| Branch | Banking |
| Website | www.union-investment.de |
| As of December 31, 2018 | |
The Union Investment (full name Union Asset Management Holding AG), headquartered in Frankfurt am Main is the investment company of the DZ Bank and part of the cooperative financial network .
The sale of mutual funds firstly on the 875 cooperative banks , on the other hand on the field of Bausparkasse Schwäbisch Hall AG .
The main shareholder is DZ Bank with 72.23%. Other shareholders are the Volksbanken and Raiffeisenbanken through their associations or affiliated companies.
Union Investment managed assets of 323.4 billion euros in 2018 .
organization
Subsidiaries under the umbrella of Union Asset Management Holding AG include a. ::
- Union Investment Institutional GmbH is responsible for business with institutional clients
- Union Investment Institutional Property offers real estate special funds for institutional investors
- Union Investment Luxembourg SA is the Luxembourg subsidiary
- Union Investment Privatfonds GmbH sets up mutual funds for private customers
- Union Investment Real Estate GmbH (formerly DIFA Deutsche Immobilien Fonds AG) is the second largest German real estate fund company
- Quoniam Asset Management GmbH pursues a quantitative investment approach and manages funds for institutional clients
- Attrax SA is the Luxembourg subsidiary for fund brokerage, distribution, share management and custody
- Union Investment Austria GmbH in Vienna is the Austrian branch
- Union Investment Real Estate Digital GmbH offers a digital ecosystem for office real estate
Business areas
Union Investment's business areas:
Institutional clients
- Offers concepts for asset management and solutions for sustainable capital investment
- Invested in various formats, such special securities funds, institutional funds, mutual funds , institutional asset management and property funds
- Has a broad customer portfolio: banks, pension funds, insurance companies, church institutions, industrial companies and non-profit organizations such as foundations and associations
Private customers
- Products and services for private investors from private old-age provision and savings solutions to asset accumulation
- Product offerings include equity funds , bond funds , money market funds , real estate funds , mixed funds , funds of funds and capital protected funds
- On-site support from around 13,350 branches of the Volks- and Raiffeisenbanken and the other banks of the cooperative financial group (Sparda-Banken, PSD-Gruppe and BBBank)
Real estate division
- Open real estate funds for private and institutional investors
- Acts on the commercial real estate markets as an investor and seller, as a builder and developer as well as a landlord and service provider for everything related to real estate
- Invests primarily in service and retail-oriented commercial real estate and has an internationally diversified real estate portfolio of approx. 300 properties in 24 country markets
There are also the fund services and infrastructure business areas, which provide support services for the three above-mentioned business areas at Union Investment.
history
On January 26, 1956, Union-Investment-Gesellschaft mbH was founded by 16 cooperative banks as the third German investment company. In the same year, the UniFonds share fund ( WKN 849100) was launched as the first open fund . In 1961, funds were offered for the first time in Belgium and thus outside Germany.
In 1965 the co op Immobilienfonds Verwaltung AG was founded in Hamburg and renamed DIFA (Deutsche Immobilien Fonds AG) in 1980. The shareholders were initially the central institutes of the consumer cooperatives and the BfG . In 1966, DIFA launched the open co op real estate fund (WKN 980550), later renamed DIFA Fund No. 1 and then UniImmo: Deutschland . From 1987 onwards, DIFA has been part of the overall cooperative network and is renamed Union Investment Real Estate GmbH in 2007.
Union Investment has been offering the management of investment accounts since 1967 . In 1968, the group's first bond fund was launched under the name UniRenta (WKN 849102). In 1969 fund assets of one billion DM were reached.
Union Investment Luxembourg SA was founded in 1988. The group's managed assets were now 10 billion German marks.
In April 1994 Union Investment launched a unit-linked asset management system with three strategy options (opportunity, growth and security). In 1996, the unit-linked life insurance OptiPlan was launched .
In 1999 the Union-Fonds-Holding Aktiengesellschaft was founded. This holding company changed its name in July 2002 to Union Asset Management Holding AG.
Awards
In 2018, Union Investment was rated as one of the best fund companies with 5 stars in the fund compass of the business magazine Capital for the sixteenth time in a row .
Web links
Individual evidence
- ↑ a b c Annual and CSR Report 2018. (PDF) Union Investment, March 28, 2019, accessed on July 12, 2019 .
- ↑ Numbers, data, facts. Federal Association of German Volksbanks and Raiffeisenbanks, July 10, 2019, accessed on July 12, 2019 .
- ↑ Our shareholders come from the cooperative financial network. Union Investment, accessed on July 12, 2019 .
- ↑ Annual and CSR Report 2018 (PDF) Union Investment, March 28, 2019, p. 122 , accessed on July 12, 2019 .
- ↑ PropTech Innovation Summit: Tailwind for digital ecosystems. Retrieved August 15, 2020 .
- ↑ Union Investment - An overview of our group of companies. (PDF) In: Company Presentation. Union Investment, March 31, 2019, p. 5 , accessed on July 12, 2019 .
- ↑ Our story. 1965. Union Investment, accessed July 12, 2019 .
- ^ Christian Kirchner: Union Investment takes back first place. In: Fonds-Kompass 2018. Capital (Germany) , February 14, 2018, accessed on July 12, 2019 .
