Establishment of ERSTE-SPARINVEST Germany GmbH, based in Vaterstetten near Munich. The German-based EAM subsidiary successfully positions itself as a boutique provider of ESPA funds.
Introduction of the SPORO Fund of Maximized Returns* in Slovakia. Based on this fund, SPORO Plan is also introduced – a special fund to be used for savings plans.
ERSTE-SPARINVEST and World Wide Fund For Nature (WWF) establish a long-term partnership. The environmental equity fund "Stock Umwelt" now bears the name of WWF. ERSTE-SPARINVEST waives a portion of fund fees and provides the funds for conservation projects.
Croatia: ERSTE-INVEST begins the administration of veteran funds. With 500,000 shareholders, it plays a unique role in the Croatian market, which goes far beyond the economic dimension.
With ESPA CASH EMERGING-MARKETS (today called ESPA SHORT TERM EMERGING-MARKETS*), the first money market fund for emerging markets in Austria is launched.
The Erste Real Estate Fund* is launched in Hungary, which has become a flagship of Erste Asset Management.
In Romania, the BCR DINAMIC Fund* is established – the first ever Romanian investment fund.
Launch of ESPA VINIS STOCK GLOBAL* (now called ERSTE RESPONSIBLE STOCK GLOBAL), ERSTE-SPARINVEST's flagship for responsible investments.
The first mandates (special funds) for German institutional clients are created.
Change in Investment Process Tactical Asset Allocation (TAA) Equity conversion from qualitative to quantitative.
ERSTE-SPARINVEST leads with an “absolute return” investment approach to a new management of mixed funds.
The introduction of security control in 2001 promotes the proliferation of funds of funds.
The Slovak Slovenskej sporiteľne, správ. spol. a.s is established, the asset management company of Slovenská sporiteľňa. The SPORO Plus Fund was the first raised, which developed into one of the largest money market funds in Slovakia.
With the launch of the ESPA STOCK UMWELT (now called ERSTE WWF STOCK UMWELT*), ERSTE-SPARINVEST becomes a pioneer in responsible investments.
ERSTE-SPARINVEST brings about the first Austrian high-yield bond fund (today called ESPA BOND EUROPE-HIGH YIELD*).
In Croatia, the mutual fund company ERSTE-INVEST d.o.o, a current subsidiary of EAM, is founded.
Another first: The Danubia Rent (today called ESPA BOND DANUBIA*) is the first Austria fixed income fund that invests in Eastern European EU-candidate countries.
A portion of the Sparinvest Austria merges with EKA, Erste's investment company. (Since then the company has been renamed ERSTE-SPARINVEST KAG.) The other part of Sparinvest Austria is reorganized toward capital investment.
Merger of Sparinvest with the KAG of Bank Austria to Sparinvest Austria.
Founding of Giro Asset Management, the predecessor of Erste Asset Management in Hungary.
Founding of Investiční společnost České spořitelny (ISCS), since 2009 a member of Erste Asset Management.
After the fall of the Iron Curtain, Danubia-Invest emerges (today called ESPA STOCK EUROPE-EMERGING*) to become the first Eastern European equity fund.
Founding of RINGTURM KAG, an Erste Asset Management subsidiary since 2009.
For the first time in Austria, the savings bank Sparkassen-Mündelrent (today ESPA BOND EURO-MÜNDELRENT*) is established. It focusses exclusively on Austrian issuers that comply with the Austrian Fixed income Fund Act.
The first Austrian equity fund is established. With Vienna-Invest (today ESPA STOCK VIENNA*), Sparinvest benefits from an unprecedented gold rush on the Vienna Stock Exchange.
Launch of the Reserva (now called ESPA BOND EURO-RESERVA*), the first fund for severance pay and fixed income provisions.
The "Sparfonds" (today called ESPA CASH EURO-PLUS*) joins the first Austrian money market funds in the ranks of the successful savings investment fund, Sparinvest-Fonds.
COMBIRENT (now called ESPA BOND COMBIRENT*), the first Austrian Schilling bond fund, is launched. With Intertrend (now ESPA BOND INTERNATIONAL*), the first international fixed income fund is launched in Austria.
Government and corporate bonds offer great potential, and Sparinvest enters the bond fund sector.
Founding year of Sparinvest KAG. The legal foundation for the establishment of investment companies and investment funds were created under the Investment Funds Act (InvFG) in 1963.
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