Martin Sirch

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (MEAG-K) is the wholly-owned asset management subsidiary of MEAG MUNICH ERGO AssetManagement GmbH, itself a subsidiary of Münchener Rückversicherungs AG (FR: MUV2) in Germany. Established in 1999, the firm is based in Munich and manages assets, investing in securities, real estate and funds for a range of clients including insurance companies, pension funds and pension schemes, church organizations, foundations, local authorities, industrial companies from outside their company group and private investors.

HSBC Global Asset Management (Deutschland) GmbH (HSBC-GAM-DE) is the wholly-owned asset management subsidiary of HSBC Trinkaus & Burkhardt KG (FR: TUB), itself a subsidiary of HSBC Holdings plc (NYSE: HSBC; LSE: HSBA) in Germany. Formerly known as HSBC Investments Deutschland GmbH, the firm was established in 1989 and is the HSBC group's asset management arm for German speaking-countries, including Germany, Austria, Switzerland and Luxembourg, as well as for Eastern European countries. They are located in Düsseldorf and manage and develop investment instruments for institutional clients and private individuals.