Stefan Mühr

HSBC-GAM-DE is an active manager which specializes in German mid-caps as well as in European and eastern emerging markets equity. In terms of fixed-income, they focus on European government bonds and global bonds. They also invest in money-market instruments. They rely on the expertise of their sister companies for investments in other regions and asset classes. The firm's investment approach blends top-down and bottom-up processes based on proprietary fundamental research conducted by their global research teams. They aim to identify sectors and companies with strong market positions, management and technical expertise, which have the potential to outperform the global market. Investment decisions are team-based.