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The office, which will be managed by Marlies Brune, is the company’s eleventh in Germany.
Wilhelm von Haller, chairman of the executive board at Sal. Oppenheim, said this step is a continuation of the expansion strategy in private asset management. “Establishing a branch in Bremen is an expression of our return to growth,” he said.
The office will service wealthy private clients based in the Lower Saxony and Bremen region.
Collaboration between Schroders and Phoenix Group
Open to feedback on the plans until 10 June
‘The era of no allocation to private markets will come to an end’ as wealth investors up their exposure over the next five years
22% of clients live more than an hour away from their adviser
But further market turbulence remains likely
Investors could do more harm than good by chopping and changing their portfolio, says Sparrows Capital CIO Raymond Backreedy
