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"Big enough to dare - Small enough to care"

This quotation hits the mark: We are a flexible unit and offer individuality on assets including those totalling less than one million euros.

With more than 2.000 clients and 40 employees, Nordlux Vermögensmanagement a long-established private asset manager for German and English speaking clients in Luxembourg.

Long-term stability

Our investment professionals often work with their clients over decades – this is real evidence of trust.

19 years is the average that our investment advisers and portfolio managers have been with our company.

40 employees are pleased to assist

Two thirds of our personnel work in the customer-focused and market-oriented areas like Wealth Management, Individual Portfolio- and Fund Management.

One third works for Compliance, Accounting, IT, Business Services, Marketing and Assistance

Concentrated expertise

Our employees are well qualified, e.g.: Financial- and Estate Planners, Certified Managers/Analysts, University graduates, MBA, even PHD.

On average, each of our 20 security specialists has a professional career of almost 30 years.

Very important to us:

Your adviser enjoys full support from the management – so he will still be around in the future to provide you with sound advice that is fully attuned to your needs. 

To print – short and compact:

“Blue print” of Nordlux Vermögensmanagement

Luxembourg, a place for finance

Excellence - Stability - International orientation

Financial experts in Luxembourg take profit of the outstanding social, economic and political environment in order to add value to wealth and international clients.

This is also because of the small size of the country (only 2586 km²) , easy bureaucracy and non-national orientation.

Given the global economic and political uncertainties, investors are looking for stability. Luxembourg, with its AAA country rating, is still a safe haven.

Please read further facts on the website of “Luxembourg for Finance” (LFF).

Further facts:

  • state-of-the-art legal and regulatory framework (CSSF)
  • is endowed with an international and multilingual workforce

Investment fund domicile:

Largest European fund domicile and second largest fund domicile in the world after the USA (as at 09/2019, CSSF)

  • Assets under management  (Actif net): 4.502 bn Euro 
  • Number of investment funds: 3.824

Management

True service - Your partner in Luxembourg

Harry Rosenbaum

Chief Executive Officer

“Real performance in the wealth management business is only possible if one can rely on each other. As we are reliable, so we demand likewise reliability from our clients. The markets may sometimes be more, sometimes less volatile, but the principle “my word is my bond” must endure under any market condition.”

Mr. Rosenbaum has over thirty years of experience as an investment advisor, banker and fund manager in Zurich, Geneva, London, Paris and Luxembourg. His leadership principle is: No surprises. That means planning ahead, real problem-solving and true information.

He is mulitilingual, a member of the Chartered Alternative Investment Analyst Association and has an MBA from IMD.

Markus Linnert

Member of the board of management

“The appreciation of our customers is our top priority. Our relationship managers receive the best possible support from the board of management – we also like to talk to the customer personally.”

Mr. Linnert has got more than thirty years of experience as investment advisor and in different leadership positions. His career started in the NORD/LB group and brought him in various stations in the private and commercial customer business.

He is involved in various committees – among others at Rotary.

History

of almost fifty years

1972

The roots of Nordlux Vermögensmanagement go back to the 70s through its predecessor institutes Berenberg Bank International
and Norddeutsche Landesbank Luxembourg 

2011

Relocation to the then newly constructed building at Luxembourg Findel Airport


2015

Splitting off of the Private Banking division to form the new company NORD/LB Vermögensmanagement Luxembourg S.A.

2017

As a result of an MBO, NORD/LB Vermögensmanagement Luxembourg is to become Nordlux Vermögensmanagement S.A.

Sustainability

- and good returns

“Environmental protection and human rights, fair prices for the third world, law-abiding and ethical conduct are values to which many investors are committed. Companies should operate sustainably. Investors should not profit from interest and dividends alone, but also from a long-term and moderate increase in value. If this succeeds, investments additionally lead to an increase in the common good…” (see also our blog post from 07.10.19).

Nordlux Wealth Management has firmly anchored these attributes in its thinking. In the future, the securities specialists will no longer be guided by the “magic triangle” (= harmony of security, liquidity and yield) when selecting securities, but by the “magic square” (plus sustainability).

With our new sustainable investment fund “Nordlux ESG Aktien Global”, we offer our clients the opportunity to invest in a sustainable, international equity fund.

Nordlux ESG Aktien Global receives the LuxFLAG ESG Label

Our fund received the ESG Label by LuxFLAG as of June 24th, 2020. The Luxembourg Finance Labelling Agency (LuxFLAG) is an independent association by several founding partners, such as the Luxembourg Government (Ministry of Finance and Ministry of Sustainable Development and Infrastructure and the European Investment Bank. LuxFLAG aims to promote the Responsible Investment sector by awarding a recognizable label to eligible investment vehicles in Microfinance, Environment, ESG (Environment, Social, Governance), Climate Finance and Green bonds. The label is awarded for one year and will be reviewed.

Career

Nordlux Vermögensmanagement S.A. stands for reliability, trust and a corporate culture in which you can develop. Here you will find favorable conditions for your professional success.

But please take into account, that our business language is German.

Membership - Codes of conduct

Member of “Verband unabhängiger Vermögensverwalter” (VuV)

This association was founded more than 20 years ago – its members include 250 German asset managers – and one from Luxembourg.

VuV Ehrenkodex

Registration with the “Verein Ombudsstelle Finanzdienstleister“ (ODF) in Switzerland

By integrating Nordlux VM into ODF, the way to provide financial services for customers in Switzerland is paved.

The new “Schweizer Finanzdienstleistungsgesetz” (FIDLEG) and the “Schweizer Finanzinstitutsgesetz“ will fundamentally change the cross-border possibilities of financial services. Both laws came into force in the beginning of 2020 and will comprehensively enable and regulate the cross-border financial services and distributions.

 

ICMA Charter of Quality

  • sets quality standards for companies active in the private banking and wealth management sectors
  • such as professional conduct towards clients and compliance and transparency requirements
  • it is a voluntary commitment by participating financial institutions to the quality standards specified in the Charter

Nordlux Vermögensmanagement S.A. signed the ICMA Charter of Quality in January of 2015.

ICMA Charter of quality

Code of Conduct

As a professional financial instution based in Luxembourg, we voluntarily comply with the Code of Conduct of the ABBL.

Code of Conduct

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