• AuM and AuS increased to over 110 billion euros
• Number of mandates rises to 665
• Administration of real estate assets accounts for more than 23 billion euros
Luxembourg, 31 March 2025 – Hauck & Aufhäuser Fund Services S.A. (“HAFS”), one of Europe’s leading third-party AIFMs, has maintained its growth trajectory.
As of 31 December 2024, it substantially increased its assets under management (AuM) and its assets under service (AuS) in its Real Assets and Financial Assets business divisions. Together with its subsidiary, Hauck & Aufhäuser Administration Services S.A. (“HAAS”), the HAFS Group achieved a total volume of over 110 billion euros (Fund Admin & AIFM RA + ManCo FA). This implies a growth by six billion euros or 5.56 percent since 31 December 2023.
Christoph Kraiker, CEO, said: “In a demanding market environment and despite geopolitical jitters, we managed to keep establishing ourselves as one of Europe’s leading providers of investment management services and AIFM services. Especially demand among institutional investors for bespoke fund solutions that integrate financial assets in addition to investment strategies for real assets has increased significantly. We are particularly pleased to see that many of our key accounts continue to launch new products with us, and very much appreciate the trust placed in us.”
In this context, the company acquired over 50 new fund mandates, bringing the total number of mandates up to 665 by the end of January. The HAFS Group has more than 25 years of experience in the business of designing, managing and administrating fund vehicles under the laws of Germany, Luxembourg and Ireland. Over the next 12 to 18 months, the HAFS Group expects to acquire another 30 to 40 mandates.
Christian Mader, CEO of Hauck & Aufhäuser Administration Services, added: “We offer our clients a state-of-the-art platform for investment funds that we keep improving through a consistent digitisation strategy.”
“Of the essence here is to take the growing requirements of the regulatory framework and of the market into account, and to integrate them into our solutions in optimal ways,” added Ingo Gozemba, also Member of the Management Board of Hauck & Aufhäuser Administration Services.
In the area of real assets, the HAFS Group offers strategies for infrastructure, private equity, private debt and real estate investments.
Kraiker elaborated: “Infrastructure funds remain very much in demand. Depending on which sector is being invested in, they serve as central funding vehicle for renewable energies and for the renovation of roads, bridges and railways.” But new products will also be introduced in the financial assets segment in 2025. “We have noted a growing demand for money market funds, the same being true for the relatively new product of actively managed ETFs,” Kraiker said.
HAFS, who employs more than 350 professionals and operates from offices in Luxembourg, Germany and Ireland, offers comprehensive services in the areas of structuring, portfolio management, risk management, customer care and ESG advisory.
Lisa Backes, Member of the Executive Board and in charge of governance and ESG, elaborated: “As a third-party AIFM, we offer a comprehensive suite of advisory services. ESG plays a key role in this context. Here, HAFS fields a team of specialists who offer qualified support in the implementation of ESG strategies in fund vehicles but also support with the monitoring and reporting.”
As a holistic fund services provider, HAFS offers a comprehensive spectrum of services along the entire fund process chain – from the initial idea, to the structuring and licensing, and all the way to the fund launch and the ongoing account management.
In its role as European third-party AIFM, the company’s services fully cover any kind of investment product.
The company’s subsidiary, HAAS, supplements the spectrum of deliverables with bespoke services for anything related to fund administration, available to independent asset managers, institutional investors and financial services providers in Germany, Luxembourg, Switzerland, Austria and Ireland. Bespoke solutions range from classic UCITS funds to institutional funds and all the way to alternative investment funds (AIF).