Press Release
Universal Investment Group further strengthens management team for its German ManCo
Date:
20. June 2024
Frankfurt
- Mathias Heiss appointed as CEO of Universal Investment’s Germany platform
- Local German management team to include KVG experts, Corinna Jaeger and André Jaeger
Universal Investment Group is extending the management team of its German third-party management company (KVG), Universal-Investment-Gesellschaft mbH (UID). UID Managing Director Mathias Heiss was appointed CEO of the German platform in May 2024. Corinna Jaeger and André Jaeger were also added to the management team. The German KVG is one of Universal Investment Group's three fund service platforms, alongside Luxembourg and Ireland.
Matthias has been with Universal Investment since 2018 and has been responsible for the operational business of the German ManCo since January 2022. Prior to this, Matthias worked for DWS for over eleven years. As CEO of Universal Investment’s German platform, he brings deep operational expertise and extensive knowledge of the asset management industry and KVG business. "I look forward to further strengthening the growth of Universal Investment’s German platform. Our focus, locally and globally, is to enable the success and satisfaction of our clients."
Corinna Jaeger has been with Universal Investment since 2011, serving as Head of Tax since the beginning of 2023. With her extensive experience and expertise, the economist and tax advisor is an ideal addition to the German team and is now responsible for tax issues on the management team.
André Jaeger holds a Ph.D. in mathematics, and joined Universal Investment in 2004, becoming Head of Risk in 2011. André is now also responsible for risk management for Universal Investment’s German platform. André has also been the Chairman of the Risk Management & Performance Committee at the German fund industry association BVI since 2008.
The German business of Universal Investment remains fundamental
Francesca McDonagh, CEO of the Universal Investment Group commented that "As the leading fund services platform in Europe, Universal Investment is active in the three main fund domiciles of Luxembourg, Ireland, and Germany. The German market, with our long-standing partnerships with asset managers and asset owners,remains the foundation for our success. Our ambition is to become one of the leading global providers of fund administration and ManCo services. With the appointments of Mathias, Corinna, and André in Germany, we are optimally positioned for this."
In Germany, the company is the largest ManCo by assets under administration (AuA) and the market leader for asset owner solutions and white label funds. In Luxembourg, it is both the largest third-party ManCo and the largest AIFM.