Unless otherwise defined, asset management is the acquisition and sale of financial instruments for an investment community consisting of natural persons with the aim of enabling investors to participate in the performance of the securities acquired. Such services have been subject to licensing since 2009. – See investment model, collective. – Cf. BaFin Annual Report 2008, p: 204, BaFin Annual Report 2009 (working group on questions relating to the permit requirement), BaFin Annual Report 2013, p. 58 (clarifications on the permit requirement).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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