Our Multi Asset Strategy

The experienced and award-winning portfolio management team led by our CIO Multi Asset, Thomas Romig, keeps a close eye on the dynamics of global financial markets – aiming to create a broad and sustainable return base across multiple asset classes.

Multi Asset – what truly matters

A modern multi asset portfolio offers far more than just a mix of equities and bonds. It draws on the full breadth of capital markets – including paths less travelled and their niches – managed intelligently, deployed with flexibility, and always focused on sustainable value creation for both conservative and return-seeking investors.

Every portfolio manager is personally invested in our funds – managing your assets with the same care and conviction as their own.

Two Solutions – Two Funds

Which strategy is right for me?

Our Conservative Solution

Our Flagship

A globally diversified, award-winning multi asset strategy designed for conservative investors willing to accept moderate risk.
(For retail investors in Germany: 15% tax exemption applies.)

More about the fund

Our Balanced Solution

Our Rising Star

A globally diversified, award-winning multi asset strategy tailored to growth-oriented investors who are comfortable with slightly higher volatility.
(For retail investors in Germany: 15% tax exemption applies.)

More about the fund

Areas of Application

How Our Multi Asset Solutions Can Be Integrated into Your Portfolio

Core building block for diversified portfolios

Return Booster

We flexibly harness the full breadth of global capital markets – and it pays off: Even a 10% allocation to our conservative multi-asset fund significantly enhanced the medium-term return of conservative portfolios. The same holds true for our balanced multi-asset fund in more balanced portfolio structures.

An Alternative to Traditional Multi Asset Funds

How Multi Asset Investing works

We deliberately pursue more than just equities and bonds. Free from rigid benchmarks, we also leverage alternative asset classes and niche strategies — ensuring true diversification and delivering superior results compared to the peer group.

Stabilising building block in an ETF Portfolio

Secure Attractive Follow-Up Returns

With approximately 25% to 50% of the volatility of an equity portfolio, both funds noticeably stabilise ETF portfolios — while offering attractive return potential and a high Sharpe ratio. This makes both funds ideally suited to secure or realise gains and provides the opportunity to achieve an attractive follow-up return.

Inflation protection for conservative investors

Protect Against Currency Devaluation

Both funds have generated significant excess returns above inflation, providing not only protection against inflation but also increasing purchasing power over the medium term.
Important information for investors in Germany: Trustee eligibility for LU1297482736 / A140LW has been confirmed by the District Court of Siegen (Reference 33 XVII 13/87 L, ruling dated 06.10.2021) and the District Court of Meinerzhagen (Reference 6 XVII 39/17, ruling dated 21.12.2021).

Our Investment Principles

Diversification

Traditional balanced portfolios often reach their limits in volatile markets. A true multi asset approach relies on broad, benchmark-independent diversification across asset classes, regions, and strategies – from traditional markets to niche segments and alternative investments. This intelligent diversification helps reduce concentration risk and enhances portfolio resilience.

Flexibility

The dynamics of global markets call for flexible responses. Multi asset strategies embrace this diversity by adjusting the allocation of equities, bonds, credit instruments, and alternative investments depending on the market environment. This adaptability enables access to attractive return sources and allows for early risk mitigation – striking a better balance between performance and stability.

Active Management

Rigid quotas and benchmark-driven allocations severely limit investment agility. Successful multi asset strategies rely on active management – through tactical reallocations, the use of hedging strategies, or the targeted deployment of alternative return sources. Our active approach enables us to identify market opportunities early and adapt portfolios precisely to changing market conditions.

Intrinsic Value

Sustainable investment success is built on the quality of the underlying assets. That’s why we analyze each asset class, its valuation, and its correlations with care and consistency. Through thorough fundamental analysis, intelligent risk management, and continuous portfolio optimization, we aim to deliver stable, long-term value growth for our investors.

What has proven effective for foundationscan also strengthen your retirement planning

Security – Liquidity – Return: These are the three pillars of capital investment for foundations. The goal is to preserve foundation assets over the long term while generating sufficient income to fulfill the foundation’s purpose. Interestingly, the investment principles guiding foundations are closely aligned with those of private retirement planning – especially during the withdrawal phase.

After all, anyone who seeks to live off capital sustainably needs predictable, earned distributions. At Assenagon, we have developed two multi-asset building blocks specifically designed for foundations, each tailored to different payout and investment objectives.
Distributions are made once a year, in November.

4.0% Target Distribution*

Our conservative strategy (Foundation share class for retail investors)

We invest globally in promising investment themes with a conservative risk profile, passing the generated income on to investors through regular distributions.

4.5% Target Distribution*

Our balanced strategy (Foundation share class for retail investors)

We invest globally in promising investment themes with a balanced risk profile, passing the generated income on to investors through regular distributions.

* The distribution is not guaranteed.

Further Investment Areas

Equity Strategy

Discover more about our equity strategy, which combines a systematic, data-driven model with the decades-long experience of an active portfolio management team.

Find out more

Fixed Income Strategy

Our highly specialised fund management team has been successfully selecting bonds in the global fixed income market for decades, using a proprietary in-house rating model.

Find out more

Volatility Strategy

We view volatility as an independent asset class that requires deep expertise and highly specialised trading experience in order to develop tailored mutual fund and special fund solutions for our clients.

Find out more