The German Asset Management Standards Committee is an interest group of the
main German asset management associations – BVI Bundesverband Investment
und Asset Management e.V., DVFA Deutsche Vereinigung für Finanzanalyse und
Asset Management und German CFA Society - regarding the development of capital
market standards, especially GIPS.
BVI represents the German investment and asset management industry. Our mem-
bers include 76 fund and asset management companies which manage in excess
of 1.1 trillion Euros in retail and institutional collective investment vehicles (CIV),
as well as mandates. In particular, our members represent 99% of funds under
management in German and German sponsored foreign CIVs. Our members
serve about 15 million investors in Germany.
Committee representative: Rudolf Siebel
DVFA – Deutsche Vereinigung für Finanzanalyse und Asset Management – is a
Society of Investment Professionals in Germany with more than 1,100 members
representing over 400 investment firms, banks, asset managers, consultants and
counselling businesses. DVFA is a member of EFFAS, the umbrella organisation of
European Analysts Societies, building a network of more than 14,000 investment
professionals in 23 nations.
Committee representative: Dr. Peter König
GCFAS - German CFA Society - is an Association of Investment Professionals in Ger-
many with almost 1,000 members representating the German investment industry.
More than two thirds of its members are responsible for portfolio management and
investment research. The remaining members are primarily accountants, auditors
and consultants. Founded in 2000, GCFAS is one of 129 investment societies in 50
countries that are part of the CFA Institute, headquartered in Charlottesville, Vir-
ginia, which is a global nonprofit organization of more than 71,000 investment
practitioners located in over 100 countries. Thanks to its rapid growth, GCFAS
represents one of the ten largest concentrations of CFA Institute members
by country.
Committee representative: Dr. Andreas Sauer, CFA
