Johannes Höring appointed to the management board of Universal-Investment-Luxembourg
Luxembourg/Frankfurt, 25 January 2012 – With immediate effect, Johannes Höring has been appointed to the management board of Universal-Investment-Luxembourg to advance growth further. The 39 year old
lawyer heads the Luxembourg subsidiary of Universal-Investment, the largest independent investment company in German-speaking areas, together with the two long-standing managing directors, Alain Nati and Stefan Rockel. Mr. Höring will especially be responsible for the areas of taxation, legal issues and risk management in the future.
Against the background of the increasingly complex regulation framework, he will support institutional investors in designing and implementing investment solutions. Previously, the tax specialist was responsible for tax law and regulations as executive director and lawyer at J.P. Morgan Bank Luxembourg, inter alia. Other career steps in management positions were at the Bank of New York Mellon (Luxembourg) and KPMG Luxembourg; tax law and regulation were also his main areas of work there.
"We are very happy that Johannes Höring is going to support Universal-Investment in our growth course as a recognised investment expert," according to Bernd Vorbeck, President of the Advisory Board of Universal-Investment-Luxembourg S.A. and spokesperson of the management board of the parent company Universal-Investment-Gesellschaft mbH.
Investors are increasingly betting on alternative investments and real estate.
The Luxembourg subsidiary doubled its administrated volume over the past three years to approx. nine billion euros. In addition to the administration of conventional funds for institutional and private investors, the growth drivers also increasingly include customised production solutions for professional investors, especially in the area of alternative investments and real estate. The securitisation platform launched in 2010 is also developing very positively.
Universal-Investment-Group increased its total managed assets by almost 50 billion to its current approx. 130 billion euros over the past three years. "Investors are looking for independent partners for administration and risk management more than ever," Mr. Vorbeck explained the reasons for the strong growth. With the continual expansion of the service range for all investment vehicles, issue sites and investment classes all the way to a full-service supplier, he sees the investment company to be clearly on a growth course even in troubled times. Institutional investors are also already using the real estate platform launched in 2011 actively.
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Your contact at Universal-Investment
Bernd Obergfell
Press officer
T: +49 (0) 69 7 10 43-575
E: bernd.obergfell@universal-investment.com