Frankfurt-based European equity veteran steps down
Exclusive: €2 billion Union Investment manager set to retire.
by Emily Blewett on Feb 15, 2013 at 11:19
Hans-Joachim König has stepped down as head of European equities at Union Investment as he begins his retirement, the firm revealed exclusively to Citywire Global on Friday.
This latest departure follows the annoucement in December that André Köttner, manager of the Union Investment flagship fund Uniglobal , left the firm to join its competitor, asset management firm DWS.
Whilst König has stepped back from his responsibilities, he is still contracted under a partial retirement plan at Union Investment.
In the last three years the Unifonds returned 31.9%. Its benchmark, the Dax 30 TR, rose 38.6% in the same period.
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