MEAG

Munich Re generates record half-year profit of almost €4bn! Munich Re generated a net result of €2,211m (2,085m) in the second quarter of 2026 and €3,925m (3,178m) in the first half of the year, bolstered by very low major-loss expenditure in property-casualty reinsurance together with a very strong investment result. #MunichReFigures #TeamMunichRe #MEAG

➡️ MEAG investors provide a mid-three-digit million euro amount as part of a €4.35bn financing package. ➡️ The financing establishes a standalone capital structure for Wyre and supports the expansion of glass-fibre infrastructure across Flanders and part of Brussels. ➡️ Wyre operates the leading fixed broadband infrastructure network in Flanders and Brussels and benefits from long-term contractually secured revenues. Acting on behalf of Munich Re and other institutional investors, MEAG has provided financing for Wyre. In the transaction, these MEAG clients are providing a mid-three-digit million euro amount in capital, making them cornerstone institutional financing partners for the company. Congratulations to Michael Kittle, CFA, Işıl Tanrıverdi Versmissen and the Project Team Anna Kihm, Lieselotte Landskron Carsten Endres and Caroline Parat, LL.M.! ➡️ https://lnkd.in/d4NND4zc Wyre was established in 2023 as a joint venture between Telenet and Fluvius, combining their fixed infrastructure assets in Flanders and Brussels. It now operates the passive broadband network across these regions. Wyre holds a strong position in the market and is expected to own and operate approximately 60% of the shared fiber network footprint in Belgium. The financing serves to establish a standalone secured financing platform for Wyre. The funds will be used, for instance, to replace existing shareholder loans and support the company's long-term fibre roll-out programme.

Unser neuer Märkte & Trends #Podcast ist online ➡️ https://lnkd.in/ejTVbJcq ➡️ Geopolitische Unsicherheit, ein neuer US-Notenbankchef und ein Nahostkonflikt ohne klare Exitstrategie – in den letzten sechs Monaten wurden Anlegernerven ziemlich strapaziert. Gemeinsam mit Ruben Fiebig aus dem Multi-Asset-Team der MEAG blicken wir zurück – und nach vorne. An den Aktienmärkten steigen die Gewinnerwartungen, der KI-Investmentboom prägt weiterhin die Entwicklung vieler Technologieunternehmen sowie deren Wertschöpfungsketten. Dennoch bleibt der Blick auf langfristige Entwicklungen entscheidend. Denn gerade bei den KI-Unternehmen sehen wir eine Diskrepanz zwischen dem hohen Investitionsbedarf und den aktuell erwarteten Erträgen. Wie geht der Markt mit den hohen Bewertungen um, ist mit einer Kurskorrektur zu rechnen? Viel Spaß beim Anhören!

MEAG Summer Party 2026 ☀️🎶 In July, it was time to step out of the office and into the summer mode! Around 700 colleagues came together at Munich`s historic Alte Kongresshalle for an unforgettable MEAG summer party. With refreshing drinks, delicious food stations and music, the evening was filled with laughter, dancing and plenty of opportunities to connect across teams and departments. Beyond the celebrations, it was a chance to strengthen relationships and exchange ideas away from day-to-day business. Moments like this reflect what makes MEAG special: a strong team spirit, genuine collaboration and the joy of coming together. A big thank you to the organizing team and everyone who made this evening a very special highlight! 👏

MEAG appoints Oceanside Capital Partners for institutional and wholesale distribution in the Benelux!   MEAG has entered into a strategic partnership with Oceanside Capital Partners to further expand its institutional and wholesale distribution activities across the Benelux region. The partnership reflects MEAG’s continued focus on strengthening relationships with professional investors outside Germany and recognises the strategic importance of the Benelux market, one of Europe’s most internationally oriented and sophisticated investment regions.   Under the agreement, Oceanside Capital Partners will support MEAG’s engagement with pension funds, insurers, fiduciary managers, private banks, wealth managers, consultants and family offices across the Netherlands, Belgium and Luxembourg.   Lisa Westermann, Head of International Distribution & Wholesale at MEAG, said: “The Benelux region is an important strategic market for MEAG given the sophistication of its professional investor base and its openness to international investment capabilities. Oceanside combines extensive local market knowledge with longstanding professional relationships and a highly focused partnership approach. We are therefore very pleased to work together to further expand MEAG’s presence in the region.”   André Van Den Heuvel, Co-Founder of Oceanside Capital Partners, added: “MEAG distinguishes itself through a performance-driven investment philosophy, a deeply embedded risk management culture and comprehensive in-house expertise across both traditional and alternative asset classes. Combined with the stability and reputation of Munich Re Group, this offers a highly compelling value proposition for professional investors in the Benelux region. We are proud to support MEAG in further strengthening its local institutional relationships and market presence.”    This press release is intended exclusively for journalists and media representatives. It does not constitute investment advice, an offer, solicitation or recommendation to buy or sell any financial instrument or service. Issued by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH.

Moving together across the globe! 🏃♂️🚴♀️ Our 3rd edition of #LetsMoveMEAG has officially concluded, and we couldn’t be prouder of the global team spirit and dedication shown across all our five locations. From Munich, Düsseldorf, and Hamburg to New York and Hong Kong, 119 colleagues grouped into 19 cross-location teams took on the challenge to walk, jog, run, and cycle for a healthier lifestyle and stronger connection! One highlight of the challenge: Joining forces with Munich Re at the #B2Run in Munich’s Olympiapark! 100 MEAG runners joined 300 Munich Re colleagues to tackle the 5.7 km track with ambition, smiles, and tons of energy. A big thank you to all participants, team captains, and the organizing team for making this initiative such a success. Let’s keep the momentum going and stay active together! #MEAG #AssetManagement #LifeAtMEAG

MEAG has acquired from ICON INFRASTRUCTURE PARTNERS III, L.P. IV, L.P. a 49.78% stake in the South East London Combined Heat and Power waste-to-energy plant (“SELCHP”), located in south-east London, United Kingdom. Co-owner and operator of the facility is Veolia, a multinational publicly listed company headquartered in Paris whose business activities include waste management. Congratulations to David Pecher and the Infrastructure Equity Transactions Team Tobias Kerschbaumer, Jakob Kugler, Felix Kreppel, Xinyue Zhang, CFA and Senior Legal Counsel Daniel Kasperkowitz on the successful completion of this transaction! Read more ➡️ https://lnkd.in/d9cbfz3r Picture: © Bill Bertram (Pixel8) 2007-08

Der neue "Mind The Market" von und mit unserem Head of Research Dr. Jürgen Callies ist online 👉 Das 1. Halbjahr 2026 überraschte die Märkte mit einer Flut von Ereignissen, die man in der Medienbranche wohl als Blockbuster bezeichnet hätte, ökonomisch und geopolitisch. Märkte zeigten sich dafür überaus robust, Volatilitätsanstiege hielten sich in Grenzen. Da spielte Sorglosigkeit sicher eine Rolle, aber auch die Überlagerung durch KI-Fantasien oder die „Beruhigungsstrategien“ der US-Administration. Gelöst ist keines der Probleme, aber die positiven und negativen Blockbuster bekommen eine Fortsetzung. Dass es aber weiter dasselbe Ausmaß an Vertrauensvorschuss oder Sorglosigkeit an den Märkten geben wird, bezweifele ich. Eine Verschnaufpause scheint angesagt und wäre ganz heilsam. Zum Newsletter ➡️ https://lnkd.in/g6sXYEGC

The Pfandbrief remains stable in volatile markets! 📈   In a recent interview with the Verband deutscher Pfandbriefbanken (vdp), Jakob Reithmann, CFA shared his insights on current market dynamics and the resilience of covered bonds.   Discussing MEAG's base-case scenario for the second half of 2026, Jakob Reithmann highlighted, that the solid fundamentals of the Pfandbrief market and favorable supply-and-demand dynamics continue to offer attractive conditions for investors. The conversation also covered the potential impact of an increased loan-to-value ratio for residential real estate and the future spread development of Pfandbriefe.   Read the full interview on the vdp platform: https://lnkd.in/drqx5U-z   #MEAG #AssetManagement

Infrastruktur braucht langfristiges Kapital – und investierbare Rahmenbedingungen.   Im aktuellen PB3C Real Talk spricht Sandra Rother, Head of Infrastructure Debt Asset Management bei MEAG, gemeinsam mit Bérénice A. (@LBP AM European Private Markets) und Jan Döhler (@PB3C) über die Finanzierung von Infrastrukturprojekten und die Rolle institutioneller Investoren.   Im Mittelpunkt stehen: 🔹 Voraussetzungen für investierbare Infrastrukturprojekte – von klaren Risikostrukturen bis zu langfristig planbaren Cashflows 🔹 Das Zusammenspiel von öffentlicher Hand und privatem Kapital bei der Infrastrukturfinanzierung 🔹 Deutschlands Infrastrukturbedarf und die Bedeutung effizienter Genehmigungs- und Umsetzungsprozesse 🔹 Infrastructure Debt als langfristiger Baustein institutioneller Portfolios   Mehr dazu: https://lnkd.in/dwVRSDY9