Jürgen Meyer, responsible Managing Director at Ampega Investment GmbH, comments: "We are looking forward to the cooperation and appreciate the trust that Frankfurter Leben Group has shown in our expertise with this decision." Regarding the significance of the mandate for the strategic orientation of Ampega Investment, which together with Ampega Asset Management forms the Ampega brand, he adds: "The acquisition of this new mandate is a major step forward for our business with institutional clients. It is pleasing to see that our ability to quickly take over the administration of portfolios on an individual basis is attractive for both existing and new clients alike. In this respect we are supported by our powerful IT infrastructure."
Christian Subbe, who is responsible for investments with Frankfurter Leben Group, sees the cooperation with Ampega as a key step towards efficient asset management. "With Ampega we are delighted to have found a partner who is able to fulfil our requirements for efficient and scalable administration of investments. We therefore consider ourselves well positioned for our planned further growth".
Ampega will contribute its expertise above all in the administration of investments for insurers, pension funds and employee benefit institutions. In addition to preparing balance sheets and financial reporting for the asset holdings, the focus is therefore on services geared to the regulatory requirements of Solvency I and II.
Along with the new mandate for Frankfurter Leben Group, Ampega already manages a number of other mandates that benefit from its insurance-specific expertise. In this area Ampega is pursuing a dynamic growth track and envisages further expansion in line with its strategic orientation.
This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.