What Does the Investment Tax Reform Bring?
Since 1 January 2018, new statutory rules on fund taxation have applied in Germany. We explain what is changing for quirion investors.


Since 1 January 2018, new statutory rules on fund taxation have applied in Germany. We explain what is changing for quirion investors.


Returns without risk. That simple formula is used to sell a wide range of heavily marketed investment products. Nothing but fairy tales, says Prof. Dr. Stefan May, financial expert and head of investment management at Quirin Privatbank and quirion. A commentary.


In the mid-1990s, economists Kenneth French and James Poterba diagnosed investors around the world with home bias. It describes the urge to invest preferentially in the economic strength of one's own country.

After the dot-com bubble burst, many investors suffered losses on the Neuer Markt. Now Deutsche Börse wants to win back investors' trust with a new segment. Can it succeed?


The criticism was framed so forcefully that it still echoes today: “Passive investments are worse than Marxism,” Inigo Fraser-Jenkins thundered late last year, sparking a debate about the value of exchange-traded funds, or ETFs for short.


The thirty-something guy with the casually unbuttoned shirt explains why he has just liquidated his own portfolio right now - and why others should follow his example. The young lad with the quiff looks as if he might still be sitting in a school classroom.