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Record of Assets under Management for C-Quadrat

Published: January 19, 2011; 00:07 · (Vindobona)

The investment fund was able to increase the managed assets in Austria by 26% to € 3.3bn. The volumne of new investments in 2010 amounts to € 804m.

Record of Assets under Management for C-Quadrat / Picture: © C-Quadrat

C-Quadrat Kapitalanlage AG ended the fiscal year 2010 with a new record of assets under management and a record volume of new investments. The managed assets increased 26%, from € 2,661 bn to € 3,341bn in the yearly comparison by December 31, 2010. The managed assets reached thereby their highest level since the founding of the company.

A new record value was also achieved in new investments. A total of € 804m flowing into the C-Quadrat fund was registered in 2010. This represents an increase of 23% compared with 2009, in which the inflow amounted to € 652m.

"Thanks to the excellent performance of our fund and the excellent work of our sales partners and staff, we could establish a very positive development of the assets under our management, for which we are naturally delighted”, commented on the figures Alexander Schütz and Thomas Rieß, directors and founders of the company.

C-Quadrat Kapitalanlage AG received the status of "investment adviser" by  the U.S. SEC (United States Securities and Exchange Commission) only by the end of last year and can therefore now advise US investors and manage American Funds.

C-Quadrat is listed in the Prime Standard of the Frankfurt Stock Exchange since November 2006 and on the Vienna Stock Exchange since May 2008.