Dexia Asset Management, a subsidiary of the Belgian-French financial institution Dexia Group, has expanded into Germany with the opening of a new branch in the country.

According to the company, its focus in Germany will be on sustainable portfolios, pension funds and funds managed according to quantitative models for institutional and private investors.

After Spain, Italy and Scandinavia, the step towards Germany is the current highlight of our European expansion strategy and a springboard for further dynamic growth towards Central and Eastern Europe, said Henri-Michel Tranchimand, member of the Executive Committee of Dexia AM, at the opening of the German branch in Frankfurt.

With investment volumes of around E1.3 trillion, Germany is not only one of the most attractive but also one of the most courted markets on the continent, continued Tranchimand. Here you can only survive if you can prove your quality and offer a competitive range of products.