We work for your Investment

We work for your investment

Union Investment
The expert for institutional investors

As one of the most experienced German fund managers, Union Investment has acted as a professional asset management partner to institutional investors for decades. Efficient risk management is a particularly important component of all our investment processes.

Market assessment

UIC_Nov_EN.mp4
In the US, the Fed lowered interst rates further - at the ECB, Christine Lagarde recently followed Mario Draghi. What implications do we expect from these changes at the major central banks? Benjardin Gärtner, Head of Equities, comments on recent developments.

News

  • Guidelines for responsible investment

    Guidelines for responsible investment

    We consider sustainability to be a core element of the cooperative principles by which we operate. We have adopted a clear sustainability strategy that provides a framework for responsible action. These guidelines set out the approach that we take to ensure responsible investment.

  • Stapelfeldt

    EU action plan: pragmatism is needed

    The EU Action Plan for Financing Sustainable Growth presents a bold agenda that is looking to reshape the future of the financial sector. But because of the high level of complexity and the lack of a clear definition of what sustainability means, it is obvious that not all the pieces of the puzzle will fit together from the start, and that this is very much a work in progress.

  • March 2019: Market news and expert views

    Market news and expert views: November

    Economy, growth, inflation and monetary policy – the monthly report ‘Market news and expert views’ will keep you informed about the latest developments and our expert assessments. It will also give you a comprehensive review of and outlook for the relevant asset classes. (As at 05 November 2019)

  • Taxonomy and Green Bonds

    Taxonomy and green bonds

    In June 2019, a technical expert group (TEG) set up by the EU Commission presented a proposal that defined a standardised classification system. This was known as the taxonomy report. It is intended to provide a transparent means of assessing the environmental impact of an activity or investment. It could be first applied to green bonds.

  • Determinants of returns on collateralised loan obligations

    Determinants of returns on collateralised loan obligations

    Structured credits fell into disrepute during the financial crisis, often without justification. The poor image of subprime mortgages, which are a small subset of structured credits, distorted people’s view of the fundamental idea behind a structured credit and  its economic benefits. This study examines collateralised loan obligations (CLOs), which are structured credits backed by corporate loans, and offers an explanation as to why they have a possible mark­up over classic corporate bonds.

  • UIC

    Equity weighting raised slightly

    The Union Investment Committee (UIC) confirmed its neutral risk positioning (RoRo meter at 3) at its regular meeting in October. At the same time, it slightly raised the equity weighting by neutralising the previous underweighting in the emerging markets segment. By contrast, the weighting of government bonds from the core eurozone countries was reduced again. The heavy emphasis on the carry segments of the bond market has been explicitly confirmed.

  • Active Management 2.0

    Active Management 2.0 

    Active asset management is worth the money – and that is as true today as ever. However, new circumstances have put the model under pressure. The answer to this challenge: become more active, not less!

  • Geopolitical damage limitation

    Geopolitical damage limitation

    The annual meeting of the International Monetary Fund (IMF), which came to a close by mid- October, brought together in Washington the central bank governors and finance ministers of 189 member states plus several thousand observers. Christian Kopf, Head of Fixed-Income Fund Management at Union Investment, reports from the meeting and looks at the implications for the capital markets

  • Fondjubiläum Structured Credit

    Good reasons for Structured Credit 

    Union Investment is celebrating the fifth anniversary of the inception of its fund UniInstitutional Structured Credit High Yield. The fund mainly invests in international asset-backed securities in the high-yield segment. In an environment of low interest rates, this asset class can offer advantages over traditional corporate bonds.

  • Anniversary Asian Bond and Curreny Fund

    Investment opportunity Asian bonds

    Asian (high-yield) bonds may be an interesting opportunity for European fixed-income investors, given their attractive return profile. The UniInstitutional Asian Bond and Currency Fund has proven its successful track record since inception five years ago. Learn more about the about the asset class and the investment strategy.

  • Quality Leader 2019

    Quality Leader 2019

    Greenwich Associates has recognized Union Investment as a "Quality Leader" in Institutional Clients business. According to Greenwich Associates, Quality Leaders distinguish themselves from their competitors by providing outstanding customer service that helps institutional investors reach their investment goals.

Our awards

Quality Leader 2019

Quality Leader 2019

Greenwich Associates has recognized Union Investment as a "Quality Leader" in Institutional Clients business. This is the result of this year's survey of institutional investors in Germany conducted by the international consulting firm. According to Greenwich Associates, Quality Leaders distinguish themselves from their competitors by providing outstanding customer service that helps institutional investors reach their investment goals.

A+ Rating by PRI

Union Investment given A+ rating by PRI

The United Nations Principles for Responsible Investment (PRI) initiative has awarded Union Investment its top mark of A+ in recognition of the company's overarching approach to responsible investment.

Sustainability strategy awarded has been the FNG Label

UniInstitutional IMMUNO Nachhaltigkeit has been awarded the FNG Label

UniInstitutional IMMUNO Nachhaltigkeit has been given two out of three stars for its particularly sophisticated and comprehensive sustainability strategy. It scored extra points for institutional credibility and dialogue strategies.