Browns open in Frankfurt on ESG demand

Brown Advisory has opened a new office in Frankfurt following growing demand for ESG funds from Germany, Austria and Switzerland.

In 2021, Brown Advisory saw an increase in assets from the DACH region of more than 75% following demand for its UCITS fund range. This includes the firm’s US Sustainable Growth Fund, Global Leaders Fund and Global Leaders Sustainable Fund. Brown’s international business manages assets of approximately £15 billion for individuals, families, charities, institutions and financial intermediaries in the U.K., Europe and Asia.

Elisa Wagnitz, Head of DACH Region for Brown Advisory, has relocated to Frankfurt to lead the office.

Wagnitz says: “Brown Advisory offers an attractive range of strategies that can add real value for clients seeking meaningful returns over the long term. Our rigorous commitment to fundamental research coupled with more than a decade of experience in sustainable investing and ESG research means we’re particularly well-positioned to fulfil demand for values-based investing, with a variety of UCITS funds meeting the Article 8 designation. We’re excited to further strengthen our dedication to clients in this region who share our thoughtful investment philosophy.”