New company name and new logo
Our company name now also embodies the change in ownership: Spängler IQAM Invest GmbH is now IQAM Invest GmbH. At the same time, our logo underwent a soft relaunch, in order to further reinforce the distinct positioning and differentiation as a brand in asset management.
Both IQAM Invest and DekaBank Deutsche Girozentrale have the potential to achieve great success through this merger. With a total volume amounting to more that 65 billion euros in quantitative asset management, DekaBank and IQAM Invest strive to become a leading provider of quantitative asset management in the European market. The cooperation focuses on quantitative research, which can be elevated to the highest European level by pooling the resources and expertise of the two companies.
Change in ownership
The closing per 31 December 2020 represents the successful conclusion of an important new strategic agenda, and the new owner is DekaBank Deutsche Girozentrale.
IQAM Invest has been performing successfully on the market for 30 years and has been using factor-based models in its products with great success for more than 10 years.
Spängler IQAM Invest opens an office in Frankfurt am Main.
Merger: The final step in this successful partnership is the complete amalgamation of the two companies. The resulting company now trades from the two well-established locations in Salzburg (main office) and Vienna under the name of Spängler IQAM Invest GmbH.
Establishment of the Spängler IQAM Research Center
In order to intensify the dialogue between academic research in the area of finance on the one hand and practical asset management on the other, Spängler IQAM Invest, the Vienna University of Technology and the Vienna University of Economics and Business together founded the Spängler IQAM Research Center.
Establishment of the umbrella brand
In 2010 Spängler KAG and IQAM establish the umbrella brand Spängler IQAM Invest with the aim of putting the synergies of both companies to better use for clients.
Establishment of the university spin-off
The Institute for Quantitative Asset Management (IQAM) is founded as an asset management boutique. It focuses mainly on combining theory and practice. What sets IQAM apart is therefore the practical experience on the one hand and the academic insight on the other of the founding team, which today serves as the Scientific Management.
Spängler KAG has had a 50-percent share in IQAM since November 2007. A part of the Spängler funds has been managed in Vienna since 2007. The performance of the Spängler funds as well as numerous awards testify to this successful strategy.
Wüstenrot Versicherungs-AG, Porsche Bank AG, and Wohlfahrtsfonds der Ärztekammer für Salzburg (welfare fund of the Salzburg Medical Council) buy into Spängler KAG (49 percent altogether). Bankhaus Spängler retains ownership of 51 percent.
External fund management
The company builds up an extensive network of external fund managers who are responsible for managing the Spängler funds. The local expertise and comprehensive know-how of these external fund managers guarantee professional management at the highest international level.
Carl Spängler Kapitalanlagegesellschaft m.b.H. (Spängler KAG) is founded as the first Austrian asset management company outside of Vienna and as a 100% subsidiary of Bankhaus Spängler, Austria’s oldest private bank.