In the course of the year, the IVG Funds Division of IVG Immobilien AG has significantly improved its position in the German market in its business with institutional customers (e.g. insurance companies, pension funds) and has thus consolidated its position as the market leader.
One indicator of this development has been the increase in assets under management (AUM) to more than 12 billion currently (beginning of 2008: 10.3 billion) and the increase in the number of management mandates from 31 to 37. As a result, IVG Institutional Funds will probably increase its market share in the current year in terms of assets under management from approx. 28% in the previous year to more than 31%.
Source: IVG Immobilien AG