Departments

Get to know the various departments of Erste Asset Management. Have a look and find the position that most suits you in our team.

Investment Division

The Investment Division develops, manages, and controls investment solutions (funds and portfolios) for the asset classes “Fixed Income“, “Equities“, “Multi Asset Management“, and “Responsible Investments“.

Product Management

The division Product Management is responsible for development and management of Erste AM’s product range, as well as marketing agendas. This includes innovation management, the steering of the product strategy as well as the support for investment and sales units. The division consists of Product- and Marketing Specialists.

Operating Office

All Midoffice and operating departments of Erste Asset Management Group are bundled in the Operating Office. The further development and implementation of the digitalized, data-driven operating model, which enables efficient business processes, is of central interest. As the hub between sales / customers and a wide variety of internal departments as well as external business partners, great importance is attached to a functioning value chain in Erste Asset Management's service offering both in Austria and in CEE.

Risk Management

Risk Management is responsible for measuring and monitoring all product-specific risks in investment funds and portfolios. Typically, market risks (value at risk, stress tests, etc.), liquidity risks and credit risks are recorded and evaluated. The results of this assessment are constantly reconciled with external (legal) and internal regulations. In those cases, where the risk values are not in line with the respective risk profile of a fund or portfolio, immediate steps are demanded from the fund management team in charge. In addition to product-specific risks, operational risks are also measured and managed.

Risk Management is also consulted whenever a new product is launched in order to assess potential risks and thus contribute to the design of the product.

One of the main tasks of Risk Management is to provide clients, the Supervisory Board, the Management Board, and the fund management team with research reports in order to avert potential harm pre-emptively.

Back Office

The Back Office consists of two departments:

  • Tax & Fund Reporting
  • Investment Operations

It was newly set up in May 2014. Our “Back Office CEE“ is the staff position of the Back Office and coordinates back office activities between the subsidiaries and Erste Asset Management.

Sales & Sales Support

Our Sales departments consist of Institutional Sales (International and Austria) and Retail Sales Austria. Whereas Institutional Sales deals with investment solutions for domestic and international clients such as pension funds, insurance companies, and groups of companies, Retail Sales Austria provides comprehensive advisory services to all Austrian retail sales partners.

Regulatory Functions

Our control functions Compliance, Internal Audit, and Legal ensure the correct processes and procedures across all operational departments both internally and externally.

Company-wide Tasks

Our corporate departments such as Human Resources, Communications & Digital Marketing, Network & Project Services, Finance and IT are responsible for important processes that contribute to smooth operations and subsequently to the success of the company.

This might interest you as well 

Disclaimer

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 www.erste-am.com within the section mandatory publications  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 www.erste-am.com. A summary of investor rights is available in German and English on the website www.erste-am.com/investor-rights as well as at the domicile of the management company.

The management company can decide to revoke the arrangements it has made for the distribution of unit certificates abroad, taking into account the regulatory requirements.

Detailed information on the risks potentially associated with the investment can be found in the fund prospectus or Information for investors pursuant to § 21 AIFMG of the respective fund. If the fund currency is a currency other than the investor's home currency, changes in the corresponding exchange rate may have a positive or negative impact on the value of his investment and the amount of the costs incurred in the fund - converted into his home currency.

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.

The public sale of shares in the specified fund in Germany was registered with the Federal Financial Supervisory Authority, Bonn, pursuant to the German Kapitalanlagegesetzbuch (KAGB). The payment and information office in Germany is HSBC Trinkaus & Burkhardt AG, Königsallee 21–23, D-40212 Düsseldorf. Orders for the return of shares in the fund(s) can be submitted to the German payment and information office, and share redemption proceeds, any dividends or other payments can be paid out to Shareholders (in cash in the local currency) by the German payment office upon request. In addition, all information required by investors before and after the conclusion of an investment agreement – i.e. the fund terms and conditions, the fund prospectus, the Information for Investors pursuant to § 21 AIFMG, and the key investor document and the annual and semi-annual reports – is available free of charge at the German payment and information office. In Germany, the issue and return prices of shares are published in electronic form on the web site www.erste-am.com (and also at www.fundinfo.com). Any other information for Shareholders is published in the Bundesanzeiger, Cologne.