DGAP-News: C-QUADRAT Investment AG: C-Quadrat acquires remaining 49 % of its subsidiary C-Quadrat France
DGAP-News: C-QUADRAT Investment AG
/ Key word(s): Investment/Miscellaneous
C-QUADRAT Investment AG: C-Quadrat acquires remaining 49 % of its subsidiary C-Quadrat France
19.11.2019 / 14:00
The issuer is solely responsible for the content of this announcement.
C-Quadrat acquires remaining 49 % of its subsidiary C-Quadrat France
Vienna/Paris, November 19th, 2019 C-QUADRAT Investment AG further strengthens its presence in France after acquiring the remaining 49 % of its subsidiary C-Quadrat France.
"With this acquisition, we plan to push forward with the continuous growth of C-Quadrat's core business while also strengthening diversification at a regional level. By attaining full control of our subsidiary, we continue our long-term commitment to the French asset management market" says C-Quadrat France CEO Carlo Michienzi.
With a volume of around EUR 3.5 trillion, France is Europe's third-largest market. C-Quadrat plans to expand its existing French product portfolio by adding investment products from the parent company. Conversely, C-Quadrat France's European equity products will be offered in C-Quadrat's established markets.
"With offices in London, Frankfurt and Paris, C-Quadrat is now present in all of Europe's key financial centers", says Carlo Michienzi.About CQ
The C-Quadrat Investment Group consists of several independent asset management companies that specialize in quantitative as well as discretionary absolute and total return strategies. The goal of all investment activities is to achieve continuous and sustainable returns for institutional and private investors. C-Quadrat Investment Group is a pioneer in sustainable investments and was recently named ESG Group of the Year 2019/Europe by Investor Magazine.
Founded in Vienna in 1991, C-Quadrat Investment Group today has offices in Vienna, London, Frankfurt, Paris, Geneva, Zurich, Madrid, Yerevan and Tbilisi and operates in more than 21 countries in Europe and Asia.For more information:
Andreas Wimmer
Senior Group Managing Director
CQ Investment Group | Schottenfeldgasse 20 | 1070 Vienna | Austria
phone +43(1)51566300a.wimmer@c-quadrat.com | www.c-quadrat.com
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Performance results of the past are no reliable indicators for any kind of development in the future. Each and every capital investment includes risks. Rates may rise but also fall.
19.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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