Metzler Asset Management’s CIO instructs all 25 portfolio managers to become ESG certified by end-2020
By Jan Wagner – German wealth manager Metzler has instructed its portfolio managers to become certified in sustainable investing and is rolling out a new ESG toolkit as it fully embraces the strategy, says CIO Rainer Matthes (pictured).
Like Switzerland, Germany is home to several banks that cater to the investment needs of wealthier clients. These wealth managers are referred to as ‘private banks’ in Germany, and one of the oldest is Bankhaus Metzler in Frankfurt. Founded in 1674 by textile dealer Benjamin Metzler, the private bank has remained family-owned ever since.