Hauck & Aufhäuser Group bundels its strengths in Luxembourg into new Hauck & Aufhäuser Fund Services S.A.
- Merger of Hauck & Aufhäuser Investment Gesellschaft S.A. and Hauck & Aufhäuser Asset Management Services S.à r.l.
- Concentration of Business activities in new Hauck & Aufhäuser Fund Services S.A.
- Another important step in the Group's growth strategy
Luxembourg, February 27, 2018 – As of today, two subsidiaries of the Hauck & Aufhäuser Group have been merged: Hauck & Aufhäuser Investment Gesellschaft S.A. and Hauck & Aufhäuser Asset Management Services S.à r.l. (formerly Oppenheim Asset Management Services S.à r.l.) will combine their business activities in the new Hauck & Aufhäuser Fund Services S.A. in the future.
Thereby, Hauck & Aufhäuser Fund Services S.A. covers all services of the two previously existing companies. “By bundling our competencies and activities, we are able to offer a constantly growing and interesting range of services from one hand to a large and increasing number of business partners. As a quality provider, we can also meet individual and complex requirements. Our business partners will benefit from the resulting synergies,” states Michael Bentlage, CEO of Hauck & Aufhäuser.
Following the acquisition of Sal. Oppenheim jr. & Cie. Luxembourg S.A. and Oppenheim Asset Management Services S.à r.l. in December of last year, the merger is the consequent next step along the growth strategy of the Hauck & Aufhäuser Group. One of the company's goals is to further expand its position as one of the leading specialists in asset servicing in the financial center of Luxembourg.
Today, Luxembourg is the Group's largest location. In addition to Hauck & Aufhäuser Privatban-kiers AG, Luxembourg branch, and the new Hauck & Aufhäuser Fund Services S. A., the services will be provided by the independent subsidiaries Hauck & Aufhäuser Alternative Investment Services S.A. and Hauck & Aufhäuser Fund Platforms S.A., which will continue to operate independently.
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