Literally Centuries of Experience and Expertise Behind This Bank

The oldest financial institution in Germany has been going strong since the 16th Century…

Berenberg is Germany’s oldest private bank — founded in 1590. Over the centuries, it has embraced change but preserved its values. Owned and led by the Berenberg family and personally liable partners, it prides itself on offering world-class financial services. It swiftly addresses client needs while maintaining a broad, strategic perspective.

Comprehensive Financial Services

Berenberg combines expertise in wealth management, asset management, corporate banking, and investment banking. “We are connected and work as one team,” says Klaus Naeve, Head of Wealth and Asset Management. “Not only with our colleagues but also with our clients.”

Leadership Spotlight: Michael Kreibich

Joining Berenberg in 2009, Michael Kreibich spent a decade as a portfolio manager and product specialist, overseeing bespoke mandates and mutual funds. In 2019, he became Founder and Head of Investment Consulting, building up a team responsible for strategic asset allocation & asset liability management services.

After completing his banking apprenticeship, Michael earned a diploma in business administration at the Frankfurt School of Finance & Management as well as qualifications as a Chartered Financial Analyst and Chartered Alternative Investment Analyst. At the Frankfurt School of Finance & Management, he now lectures on portfolio management and strategic asset allocation.

Introducing Berenberg Investment Consulting

Since 2019, the Berenberg Investment Consulting team has been developing and implementing customized Strategic Asset Allocation (SAA) and Asset Liability Management (ALM) studies for the bank’s entire investment platform with assets totaling approximately €40 billion. It is serving institutional investors, corporate pensions, single-family offices, endowments, and ultra-high-net-worth individuals (UHNWIs).

The team continually enhances its in-house consulting infrastructure to deliver precise strategic advice. The platform’s system enables the swift preparation of tailor-made studies, highly valued by investors.

Driven by Innovation

Berenberg’s latest advancement is a new SAA & ALM innovation hub. Its interactive dashboard elevates investor experience by enabling real-time collaboration with senior consultants to explore various investment strategies. The back-end engine simulates future asset and liability trajectories for the next 40+ years, providing key performance, risk, and balance sheet metrics.

A macro-economic stress scenario simulator, developed in collaboration with scientists from the University of Copenhagen, offers insights into tail risks that investors’ allocations may face and allows precise modeling of scenarios relevant to investors, such as equity market downturns combined with specific economic conditions and central bank policies.

In addition, a proprietary sustainability database provides insights into the carbon impact of potential portfolio configurations. Beyond ESG scores, a carbon-intensity tracker highlights transitional risks related to emission pricing and overall environmental footprint.

Maximizing added value for investors

Berenberg Investment Consulting assists investors across all groups in determining the optimal asset allocation according to their specific investment goals. The team considers return targets, future cash flows and regulatory requirements (including ESG) while minimizing risk exposure and ensuring planning security.

With its extensive knowledge and cutting-edge technology, Berenberg Investment Consulting navigates investors through complex financial landscapes with confidence and maximizes the added value for their investment strategy.