Harald Gallob

AI is an active, benchmark-insensitive, growth-oriented investment manager. The firm manages portfolios invested with a long-term outlook in equity, fixed-income and money-market instruments. AI's strong focus on growth investments has led the firm to an equally strong focus on emerging markets. AI's investment process begins with fundamental global macroeconomic research, this allocation process is ongoing and portfolio composition is reviewed on a daily basis. AI generates investment ideas following both bottom-up and top-down approaches and decisions are based on fundamental and technical research. The firm's fund managers meet regularly to determine investment strategies and take investment decisions as a team.

Erste-Invest's core competencies are Eurozone investment-grade bonds, Central and Eastern European equity and fixed-income, emerging markets equity and fixed-income, sector funds, asset allocation portfolios, total return portfolios and socially responsible investing. The majority of their investments is in bonds and money market instruments. They also invest in alternative asset classes and manage funds of funds. The firm's investment process emphasizes a top-down approach, combined with a bottom-up component in the case of Austrian and Eastern European equity. Investment decisions are team-based.