C-Quadrat Plans to Close Its Fundbrokerage Business

Professional Services › Financial Services ♦ Published: September 24, 2011; 02:24 ♦ (Vindobona)

The Austrian fund company will focus exclusively on its asset management core business segment.

C-Quadrat Plans to Close Its Fundbrokerage Business / Picture: © C-Quadrat

In continuation of the strategy adopted by its management board of streamlining the company´s corporate structure with the goal of increasing its profitability, due to the changed economic and regulatory outline conditions C-Quadrat Investment AG intends to discontinue its business activities in its Fundbrokerage division by the end of 2011 - subject to the consent of the company´s…

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