German asset manager Lloyd Fonds has appointed three managers to boost its new open-ended fund strategy.
The new equity and fixed-income specialists will join in Munich from 1 January.
Chartered financial analysts Christian Reindl and Maximilian Thaler, plus Tobias Spies, will play a key role in driving forward the "reorientation of Lloyd Fonds as the leading asset manager," it said.
Reindl, 38, is head of equities at Munich-based asset manager Huber, Reuss & Kollegen, while Spies, 40, is head of fixed income there.
Thaler, 32, is a fund manager and analyst at Munich-based DJE Kapital.
“We’re delighted to have acquired Christian Reindl, Dr Tobias Spies and Maximilian Thaler, three experienced fund managers with a successful track record for our new line of funds," said CFO Klaus Pinter.
"The key focus to be performed by Christian Reindl and Maximilian Thaler is on European equities. Both are investment experts for innovative and top-quality growth enterprises.
"Our new fixed-income fund will be managed by Dr Tobias Spies in future, who delivered a compelling sustainable performance in the past with his special fixed-income strategy, proving that above-average returns with bonds can also be achieved in a low-interest environment."
The team will establish an actively managed mutual fund line comprising equity, mixed and fixed-income funds. The market launch is scheduled for the second quarter of 2019.
In August, the company won backing for its open-ended fund strategy, but appears to be focusing more on property as it considers sales of existing assets including shipping ones.
