BNY Mellon’s German investment boutique strengthens sales team
LONDON and DUSSELDORF, 24 October, 2013 — Meriten Investment Management GmbH, BNY Mellon’s German based investment manager, has appointed Martin Theisinger as member of the General Management Board with responsibility for sales.
Theisinger, who has 30 years’ experience in the financial sector, joins from Oppenheim Capital Management, where he was Managing Director, in charge of client relations and business development. Prior to Oppenheim, Theisinger held senior roles at BNP Paribas Investment Partners, Fortis Investments, Schroder Investment Management and J.P. Morgan Asset Management (formerly known as J.P. Morgan Fleming Asset Management).
Theisinger who will report to Werner Taiber, Chief Executive Officer of Meriten Investment Management, will be based in Düsseldorf and is scheduled, subject to German financial regulatory authority BaFin’s approval, to start in January, 2014. In his role, Theisinger will be responsible for developing and implementing strategies for the institutional channel with existing client portfolios as well as overseeing new business development and cross-selling opportunities working closely with BNY Mellon and its investment boutiques.
Werner Taiber, Chief Executive Officer of Meriten Investment Management commented: “Martin is a strategic and key hire for Meriten Investment Management. With his extensive experience in the European Investment Management Business, he will be a real asset to the team. Martin will work alongside Dr. Norbert Becker, deputy Chief Executive Officer who has been at Meriten Investment Management for over 20 years, to focus on deepening our relationship with existing clients. Additionally Martin will explore new business opportunities, particularly in the pension fund and insurance segments. We believe that with our strong focus on European assets in both fixed income and equities as well as our ability to give our clients access to the broad range of financial products from Meriten Investment Management as well as other expert investment managers within the BNY Mellon multi-boutique structure, we are well positioned to cater for the growing demands of our clients."
Meriten Investment Management is a financial services company offering asset management services to institutional and wholesale clients and is a subsidiary of The Bank of New York Mellon Corporation. Meriten Investment Management manages assets totalling € 24 billion (as of 30 September 2013). Its client base includes corporations, pension funds, mutual funds, endowments, foundations, banks, central banks, savings banks, governmental agencies and insurance companies. Meriten Investment Management does not offer services in the U.S. Meriten Investment Management was founded in 1969 in Düsseldorf (formerly WestLB Mellon Asset Management KAG mbH) and has long established itself as one of the market-leading providers of special funds and fund management services in Germany. For further information, please visit www.meriten.com
BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.5 trillion in assets under management as at 30 September 2013. It encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies. More information can be found at www.bnymellon.com
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of 30 September 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration, and $1.5 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.
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