Fund anniversary: Assenagon Multi Asset Balanced impresses with outperformance in volatile times

• With the Assenagon Multi Asset Balanced, Thomas Romig's portfolio management team is seamlessly building on the success of the flagship fund for conservative investors
• The three-year track record of the balanced multi-asset fund shows a cumulative total return of 21% and starts directly with a 5-star rating from Morningstar
• Whether conservative or balanced: Assenagon's multi-asset fund family impresses with multiple award-winning performance - thanks to very active and flexible management

The fund management team led by Thomas Romig, Head of Multi Asset Portfolio Management at Assenagon, has been proving for almost a decade that an actively managed multi-asset fund can outperform in the long term, even against current trends in a volatile market environment and uncertain geopolitical times.

Now Assenagon Multi Asset Balanced - the little brother of the flagship fund Assenagon Multi Asset Conservative - is celebrating its three-year fund anniversary. The track record of the multi-asset strategy with a balanced risk profile is so successful that the fund was immediately awarded the top 5-star rating by Morningstar. Over the three-year period, the fund has achieved a cumulative total return of 21.37%. Over the one-year period, the return is 13.78% (share class P; as at 19.02.2025).

The recipe for success of active management

The four-strong multi-asset team led by Thomas Romig acts independently of a benchmark and focuses on the greatest possible diversification across a large number of global investment themes. "In line with our investment approach, we have maximum flexibility in our investment decisions - every day we scour the byways of the global financial markets for promising securities in all asset classes," explains Romig.

This active approach has already paid off several times in the past. For example, in the summer of 2024, when there were significant short-term price falls on the stock market in August. Romig and his team had already reduced the equity allocation of the balanced multi-asset fund from over 70% to 50% in July, which significantly cushioned the price declines.

"Today, it is no longer enough for multi-asset funds to just hold equities and bonds in the portfolio, because the days of a negative correlation between the two asset classes have been over since 2022 at the latest. Today, more foresight and, above all, flexibility are required. Active fund managers must also keep a close eye on the niches of the capital market in order to generate the best possible performance for investors," says Romig.

And Matthias Kunze, Head of Distribution at Assenagon, adds: "With the Assenagon Multi Asset Balanced, we are offering both institutional investors and private investors with a balanced risk profile an investment vehicle that seamlessly follows on from the successful strategy of our flagship fund, the Assenagon Multi Asset Conservative."

Here you can download printable photos of Thomas Romig and Matthias Kunze can be downloaded here.

Munich/Luxembourg, February 26, 2025