Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

German group’s CIO joins BlackRock

German group’s CIO joins BlackRock

Berenberg’s chief investment officer Peter Reichel has joined BlackRock’s multi-asset team as a strategist, the asset manager has announced.

Reichel held several senior roles during his 13 years with Hamburg-based Berenberg, which include operating as a portfolio manager, head of private asset management and, prior to his departure in September, was head of investment within the CIO office.

In his new capacity, Reichel will be based in Frankfurt and report to Stephen Crocombe. He operate as a director and strategist within BlackRock’s multi-asset platform.

BlackRock added that Reichel will act as a spokesperson for the product and investment ambitions for the multi-asset team within the German market, according to an internal memo.

During his tenure with Berenberg, Reichel had previously overseen an Eastern European equity fund, as well as a Europe-focused small- and mid-cap equity fund.

Reichel’s move away from Berenberg marks a change in a recent trend which has seen the German group recruit heavily for its asset management arm, with several high profile names being brought on board to oversee new fund launches.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016

  • Citywire Berlin 2016

    Citywire Berlin 2016

  • Citywire Switzerland 2017

    Citywire Switzerland 2017

  • Citywire Amsterdam 2016

    Citywire Amsterdam 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Deutschland 2016

    Citywire Deutschland 2016

  • Citywire Latin America 2016

    Citywire Latin America 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Munich 2016

    Citywire Munich 2016

  • Citywire Paris Alt Ucits 2016

    Citywire Paris Alt Ucits 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016