Arne Holzhausen

ifo Institut – Leibniz Institut für Wirtschaftsforschung e.V. is an independent research firm headquartered in Munich, Germany. Founded in 1949, the firm focuses on five areas of activity: policy advisory work, provision of information/services, participation in public debate, promotion of junior economists, and research in economics.

Allianz Global Investors GmbH (AGI) is an investment management firm headquartered in Frankfurt, Germany. The was founded in 1956 and is a subsidiary of Allianz Asset Management GmbH, which is owned by Allianz SE (ETR: ALV). AGI manages the group's assets and client-focused equity, fixed-income, and balanced portfolios. They also launch and manage equity and fixed-income mutual funds for individual and institutional clients.

Raiffeisen Bank International AG (Research) (Raiffeisen RESEARCH) is the investment research division of Raiffeisen Bank International AG (VIE: RBI) in Austria. Headquartered in Vienna, the firm was founded in 2018 and provides corporate and institutional clients with in-depth, timely and actionable research covering a broad spectrum of markets, industries, and companies. Raiffeisen RESEARCH brings value through its unparalleled specialist knowledge and market expertise on the euro area, global markets and Central and Eastern Europe. The firm’s research focus is on macro, interest, currencies, government bonds, corporate bonds, financials, covered bonds, stocks, bond and equity markets as well as asset allocation.

Allianz Investment Management SE (Allianz IM) is the insurance management subsidiary of Allianz SE (ETR: ALV) in Germany. Headquartered in Munich, Allianz IM was founded in 2007 and provides insurance products, primarily health and life insurances, for institutional and private clients. The firm manages their insurance assets in-house.

Alpen Privatbank AG is a private banking firm headquartered in Riezlern, Austria. The firm was founded in 1894 and formerly known as Raiffeisenbank Kleinwalsertal AG and as Walser Privatbank AG. They are majority owned by Walser Raiffeisen Holding eG. Alpen Privatbank provides investment advice and wealth management services to wealthy private investors.

Südwestbank AG (Investment Management) (Südwestbank-IM) is the investment management division of Südwestbank AG, a regional bank headquartered in Stuttgart, Germany. The firm was founded in 1992 and is ultimately owned by BAWAG Group AG (VIE: BG, OTCPK: BWAGF) in Austria. Südwestbank-IM provides asset management services to individual and institutional clients.

Volksbank Pforzheim eG (Investment Management) is the investment management division of Volksbank Pforzheim eG in Germany. Based in Pforzheim, the firm provides investment management products and services to retail and corporate customers with a focus on customer requirements, developing the local economy. They have a focus on small and medium-sized enterprises.

Union Investment Privatfonds GmbH (Union Investment) is the asset management subsidiary of Union Asset Management Holding AG in Germany. Founded in 1956, the firm was formerly known as Union-Investment-Gesellschaft mbH and changed their name to Union Investment Privatfonds GmbH in 2002. Headquartered in Frankfurt, Union Investment is a socially responsible investor which offers a product range that covers all asset classes worldwide including equity, fixed-income, balanced, index and real estate funds.

DPE Deutsche Private Equity GmbH (DPE) is an independent private equity firm founded in 2007 by Volker Hichert and Marc Thiery. The firm is headquartered in Munich, Germany.