Best Wealth Managers 2012: Bank Gutmann recognised as top advisor in times of crisis
In the Fuchsbriefe Test of Best Wealth Managers 2012, Bank Gutmann was rated as "far above average". The long-established Vienna bank ranked second behind Walser Privatbank and ahead of Credit Suisse Österreich. Focus of the test was guidance in the crisis and asset protection. “In Austria, Walser Privatbank with its focus on German clients living close to the border and Vienna-based Bank Gutmann emerged as leaders in quality,” Fuchsbriefe said.
Of the roughly 100 institutions tested in the ranking of “Top Wealth Managers 2012” for all German-speaking countries – Austria, Switzerland, Liechtenstein, Germany, Luxembourg – Bank Gutmann was ranked No. 18. Fuchsbriefe editor-in-chief Ralf Vielhaber said: “Gutmann is one of the roughly 20 institutions in German-speaking countries that consistently provide excellent wealth management advisory services for clients with assets of EUR 1 million or more."
Euromoney Private Banking Survey 2011: Gutmann wins top places in Austria & CEE
Bank Gutmann has once again won top places in the Euromoney Private Banking Survey 2011 conducted by the leading international financial magazine Euromoney (http://www.euromoney.com): The long-established Austrian bank was voted “Best local bank” in Austria, successfully defended place 1 in Romania ("Best private banking services overall") and came top in Hungary already for the third time ("Best foreign bank"). Apart from winning top ranks in the overall placings, Gutmann was also ranked first in ten categories: in Austria, the Bank won top honours in key Gutmann segments such as “Family office services”, “Relationship management”, “Privacy and security”, “Tax guidance and services” and “Inheritance and succession planning". In Hungary, the Austrian market leader in private banking took gold in the categories “High Net Worth II” (USD 10 million to USD 30 million), “Ultra High Net Worth” (Greater than USD 30 million) and “Family office services”. In the overall placings for Austria the private bank was ranked No. 3.
That Bank Gutmann has once again been awarded top places in Romania and Hungary confirms that the Vienna-based bank, which has been operating successfully in Eastern Europe for 15 years, has been right in pursuing its strategy of a continuing expansion of its international business. In the Euromoney Survey 2011, Gutmann outperformed top banks such as Credit Suisse, Sal. Oppenheim, Deutsche Bank, Julius Bär, Rothschild, BNP Paribas, UBS, UniCredit, Erste Bank, and RZB. The Euromoney ranking is based on a world-wide survey of providers of private banking services, including banks and other financial advisors. These institutions provide details about their own business and award scores to their competitors ("peer nominations"). The outcome of the current survey is based on feedback received from banks and wealth managers from more than 50 countries. The survey was carried out between 6 August and 31 October 2010.
10th dachfonds award 2010: Gutmann fixed-income fund of funds receives multiple awards
At this year’s tenth “österreichischer dachfonds award 2010” (Austrian fund of funds award 2010) sponsored by GELD-magazin, Gutmann Kapitalanlageaktiengesellschaft received multiple awards for its funds. Gutmann Anleihen Opportunitätenfonds was the winner in the category Rentendachfonds 1-Jahreswertung (fixed-income funds of funds, 1-year performance). Second place was secured by Gutmann Investor USD Global Bonds, which also did well in the category Rentendachfonds 3-Jahreswertung (fixed-income funds of funds, 3-year performance), where it took bronze. Gutmann Investor Renten Global finished close to the top again on long-term performance. With a return of 6.33 percent p.a. it earned silver on its 3-year performance and, in addition, came third on its 5-year performance with a return of 3.60 percent p.a.
”That our funds of funds have won awards again underlines the success of Gutmann's fixed-income strategies,” said Mag. Friedrich Strasser, Member of the Executive Board, Partner and Chief Investment Officer of Bank Gutmann AG. ”We are especially pleased about the good results over the periods of 3 and 5 years, which highlight the sustainability of performance that is so important to our customers”.This year, the award winners were picked from almost 500 funds of funds registered for public distribution in Austria. The coveted distinctions are presented in the categories Aktien-Dachfonds (equity funds of funds), Gemischte Dachfonds (balanced funds of funds), Vermögensverwaltungs-Dachfonds (asset management funds of funds), Total-Return-Dachfonds (total return funds of funds) and Renten-Dachfonds (fixed-income funds of funds).
