Wiesloch, August 9, 2021 – The MLP Group has now broken through the next mark in terms of assets under management, reaching a new record level of EUR 51.4 billion (March 31, 2021: EUR 48.2 billion). Alongside a positive performance of existing assets, inflows at FERI as well as at MLP Banking contributed to this. Wealth management has now established itself as a permanent component in client consulting in MLP's private client business. The high qualification level of the MLP consultants represents the main basis for this. MLP also established a fee-like model back in 2012. At FERI, alternative investments such as hedge funds and private equity in particular continued to gain ground. They are managed by one of the largest teams of specialists throughout Germany – embedded in the entire range of expertise at FERI.
"Breaking through the sound barrier of EUR 50 billion in assets under management shows just how successfully we have established and expanded wealth management within the MLP Group in recent years. We will now use this strong position to secure further growth," comments Dr. Uwe Schroeder-Wildberg, Chief Executive Officer at MLP.