Company profile

Business & locations

Erste Asset Management (Erste AM) coordinates and is responsible for all asset management activities across Erste Group and has been successfully operating in the market since 1965 (formerly under the name ERSTE-SPARINVEST).

As part of Erste Group, we are among the leading asset managers in the CEE region. We unite the flexibility of a boutique manager with the size of a multinational bank under one roof and are thus able to provide retail investors with a comprehensive range of mutual fund solutions. In addition to institutional share certificates, we also offer professional investors tailormade solutions in individually managed mandates.

With more than 386 employees – some 100 of whom are investment professionals – we manage assets of EUR EUR 72.83bn* at our offices in Austria, Germany, Croatia, Romania, Slovakia, the Czech Republic, and Hungary.

eam organigramm

Our range of products for institutional investors

Erste AM sees itself as full-range provider for institutional clients across the entire field of investment.

The focus in the German-speaking region is on our successful core competencies of fixed income management, emerging markets, and responsible investments (also referred to as sustainable investments). We also offer our clients individual multi asset management solutions.

The topic of sustainability comes with a long tradition at Erste AM: we launched our first ESG fund in 2001. Since then, we have built a dedicated research team and developed and successfully introduced a wide range of sustainable funds, for which we have received numerous awards. With assets under management of EUR 13.40bn, Erste Asset Management is today one of the most important providers of ethically sustainable investment funds in the German-speaking region.*

Assets under management

EUR 72.83bn

Institutional investors

EUR 38.65bn
(62.91 percentof total investors)

Retail investors

EUR 22.78bn
(37.09 percent of total investors)

Sustainable investments

EUR 13.40bn

*Source: Erste Asset Management, data as of June 2021; assets under management including Erste Immobilien KAG and excluding effects from consolidation.


Areas of responsibility

heinz bednar eam
  • Investment    
  • Finance
  • Communications, PR and Digital Marketing
  • Human Resources
  • Legal
peter karl eam
  • Operating Office
  • Investments Real Estate
winfried buchbauer eam
  • Risk Management
  • Information Technology
  • Back Office
  • Compliance*

*Compliance reports directly to the entire Management Board. It is separate from the other functions and activities of the management company, independent, and not bound by directives.

Thomas Kraus eam
  • Institutional Sales
  • Retail Sales
  • Product Management
  • Internal Audit (administrative)*

*Internal Audit reports directly to the entire Management Board. It is separate from the other functions and activities of the management company, independent, and not bound by directives.

Weitere Themen


This document is an advertisement. All data is sourced from Erste Asset Management GmbH, unless indicated otherwise. Our languages of communication are German and English.

The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.

The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the  web site or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments in securities entail risks in addition to the opportunities presented here. The value of shares and their earnings can rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. For this reason, you may receive less than your originally invested amount when you redeem your shares. Persons who are interested in purchasing shares in investment funds are advised to read the current fund prospectus(es) and the Information for Investors pursuant to § 21 AIFMG, especially the risk notices they contain, before making an investment decision.

Please consult the corresponding information in the fund prospectus and the Information for Investors pursuant to § 21 AIFMG for restrictions on the sale of fund shares to American citizens. Misprints and errors excepted.