Union Investment, headquartered in Frankfurt am Main, is a leading asset manager in Germany and has reached a position within the Top 15 asset managers in Europe since its inception in 1956. They are the centre of competence for asset management within the German cooperative financial group. They are an active asset manager and understand fundamental analysis as the basis of successful portfolio management. Their aim is to identify, meet and ideally exceed the needs of the institutional clients. As of 30 December 2019, their assets under management were at EUR 359 billion whereof EUR 204 billion were contributed by the institutional business.