22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
INTEREST INCOME The fund is invested exclusively in fixed-interest bearing
STRATEGY instruments with a very broad diversification.
Capital appreciation as of
Asset Allocation 29.05.2020
92% Bonds since 31.12.2019 -2.12%
Key figures since 31.12.2018
Bandwidths Overall return 3.86%
Money market 0-20% Standard deviation
Bonds 80-100% (since 31.12.2018) 3.60
Equities 0% Correlation 0.9933
INCOME Our primary objective is to preserve the capital and
STRATEGY generate a regular income.
Capital appreciation as of
Asset Allocation 29.05.2020
72.5% Bonds since 31.12.2019 -5.23%
20.5% Equities Key figures since 31.12.2018
Bandwidths Overall return 4.61%
Money market 0-20% Standard deviation
Bonds 60-100% (since 31.12.2018) 6.85
Equities 15-25% Correlation 0.9821
BALANCED The aim of this strategy is to generate a regular income
STRATEGY and achieve capital appreciation through price gains.
Capital appreciation as of
Asset Allocation 29.05.2020
53% Bonds since 31.12.2019 -6.76%
41% Equities Key figures since 31.12.2018
Bandwidths Overall return 6.52%
Money market 0-20% Standard deviation
Bonds 40-60% (since 31.12.2018) 10.23
Equities 30-50% Correlation 0.9915
GROWTH The focus of the "growth" strategy is on capital
STRATEGY appreciation through price gains.
Capital appreciation as of
Asset Allocation 29.05.2020
33.75% Bonds since 31.12.2019 -8.32%
61.5% Equities Key figures since 31.12.2018
Bandwidths Overall return 8.52%
Money market 0-20% Standard deviation
Bonds 20-40% (since 31.12.2018) 13.87
Equities 50-70% Correlation 0.9951
CAPITAL GAIN The aim of the "capital gain" investment strategy is to achieve high
STRATEGY capital appreciation over the longer term through price gains.
Capital appreciation as of
Asset Allocation 29.05.2020
96% Equities since 31.12.2019 -11.19%
Key figures since 31.12.2018
Bandwidths Overall return 11.70%
Money market 0-20% Standard deviation
Bonds 0% (since 31.12.2018) 20.64
Equities 80-100% Correlation 0.9976
Whether you would like to protect your wealth against inflation or increase it over the long term with shares, depending on your risk appetite, we offer you the following 5 classic investment strategies:
* The data above from 01/01/2019 are based on the Tactical Asset Allocation (TAA) of BENDURA BANK AG in EUR and the data of earlier period are based on backtesting data of the Strategic Asset Allocation (SAA) of BENDURA BANK AG in EUR.
Money market 8%
Bonds 92%
Money market 4.0%
Bonds 72.5%
Equities 20.5%
Alternative investments 3.0%
Money market 3.0%
Bonds 53.0%
Equities 41.0%
Alternative investments 3.0%
Money market 1.75%
Bonds 33.75%
Equities 61.50%
Alternative investments 3.00%
Money market 1.0%
Equities 96.0%
Alternative investments 3.0%
95 100 105 110 115
2015 2016 2017 2018 2019 2020
95 100 105 110 115 120 125
2015 2016 2017 2018 2019 2020
95 100 105 110 115 120 125 130
2015 2016 2017 2018 2019 2020
10095 105110 115120 125130 135140
2015 2016 2017 2018 2019 2020
95 105 115 125 135 145 155
2015 2016 2017 2018 2019 2020
BENDURA BANK GUIDA AGLI INVESTIMENTI | LUGLIO 2020 | 23
MARKET MONITOR
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
INTEREST INCOME The fund is invested exclusively in fixed-interest bearing
STRATEGY instruments with a very broad diversification.
Capital appreciation as of
Asset Allocation 29.05.2020
92% Bonds since 31.12.2019 -2.12%
Key figures since 31.12.2018
Bandwidths Overall return 3.86%
Money market 0-20% Standard deviation
Bonds 80-100% (since 31.12.2018) 3.60
Equities 0% Correlation 0.9933
INCOME Our primary objective is to preserve the capital and
STRATEGY generate a regular income.
Capital appreciation as of
Asset Allocation 29.05.2020
72.5% Bonds since 31.12.2019 -5.23%
20.5% Equities Key figures since 31.12.2018
Bandwidths Overall return 4.61%
Money market 0-20% Standard deviation
Bonds 60-100% (since 31.12.2018) 6.85
Equities 15-25% Correlation 0.9821
BALANCED The aim of this strategy is to generate a regular income
STRATEGY and achieve capital appreciation through price gains.
Capital appreciation as of
Asset Allocation 29.05.2020
53% Bonds since 31.12.2019 -6.76%
41% Equities Key figures since 31.12.2018
Bandwidths Overall return 6.52%
Money market 0-20% Standard deviation
Bonds 40-60% (since 31.12.2018) 10.23
Equities 30-50% Correlation 0.9915
GROWTH The focus of the "growth" strategy is on capital
STRATEGY appreciation through price gains.
Capital appreciation as of
Asset Allocation 29.05.2020
33.75% Bonds since 31.12.2019 -8.32%
61.5% Equities Key figures since 31.12.2018
Bandwidths Overall return 8.52%
Money market 0-20% Standard deviation
Bonds 20-40% (since 31.12.2018) 13.87
Equities 50-70% Correlation 0.9951
CAPITAL GAIN The aim of the "capital gain" investment strategy is to achieve high
STRATEGY capital appreciation over the longer term through price gains.
Capital appreciation as of
Asset Allocation 29.05.2020
96% Equities since 31.12.2019 -11.19%
Key figures since 31.12.2018
Bandwidths Overall return 11.70%
Money market 0-20% Standard deviation
Bonds 0% (since 31.12.2018) 20.64
Equities 80-100% Correlation 0.9976
Whether you would like to protect your wealth against inflation or increase it over the long term with shares, depending on your risk appetite, we offer you the following 5 classic investment strategies:
* The data above from 01/01/2019 are based on the Tactical Asset Allocation (TAA) of BENDURA BANK AG in EUR and the data of earlier period are based on backtesting data of the Strategic Asset Allocation (SAA) of BENDURA BANK AG in EUR.
Money market 8%
Bonds 92%
Money market 4.0%
Bonds 72.5%
Equities 20.5%
Alternative investments 3.0%
Money market 3.0%
Bonds 53.0%
Equities 41.0%
Alternative investments 3.0%
Money market 1.75%
Bonds 33.75%
Equities 61.50%
Alternative investments 3.00%
Money market 1.0%
Equities 96.0%
Alternative investments 3.0%
95 100 105 110 115
2015 2016 2017 2018 2019 2020
95 100 105 110 115 120 125
2015 2016 2017 2018 2019 2020
95 100 105 110 115 120 125 130
2015 2016 2017 2018 2019 2020
10095 105110 115120 125130 135140
2015 2016 2017 2018 2019 2020
95 105 115 125 135 145 155
2015 2016 2017 2018 2019 2020
BENDURA BANK GUIDA AGLI INVESTIMENTI | LUGLIO 2020 | 23
MARKET MONITOR
BENDURA BANK GUIDA AGLI INVESTIMENTI | LUGLIO 2020 | 23
MARKET MONITOR
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
22 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
STRATEGIE DI GESTIONE PATRIMONIALE
Economics
GDP (yoy in %) Inflation (yoy in %) 3-month interest rates (in %)
03/2019 05/2020 06/2020 06/2019 06/2018
CH 0.80 CH -1.30 -0.66 -0.73 -0.73
DE 1.00 DE -0.90 -0.40 -0.39 -0.36
EU 1.84 EU 0.70 0.31 2.32 2.34
USA 2.70 USA 0.10 0.20 0.77 0.67
UK 2.00 UK 0.50 -0.05 -0.07 -0.05
JPN 0.80 JPN 0.40 0.14 1.00 1.50
AUS 1.70 AUS 2.20 2.04 2.61 3.01
CN 6.40 CN 2.40
10-year treasury yields (in %)
Currencies
EUR/USD GBP/USD
EUR/CHF USD/CHF
-2.45 2.43 1.60 2.00
0.20
03/2020 03/2018 05/2019 05/2018
-1.50 3.40 0.60 1.10
-2.30 2.30 0.90 2.10
-1.70 0.90 1.10 0.40
1.40 3.10 1.30 1.90
2.90 1.80 2.80
-1.60 1.10 2.00 2.40
-6.80 6.90 2.70 1.80
06/2020 YTD (in %) 1m 6m 1y 30d volatility
EUR/USD 1.1253 0.0 2.7 2.1 0.8 2.4 7.0
5.4
USD/CHF 0.9506 -1.7 -1.5 -5.0 1.1 6.6
EUR/CHF 1.0697 -1.4 1.1 -2.9 -4.3
-5.0
6.9
USD/RUB 69.67 12.9 -6.3 6.4 33.1 12.8
USD/JPY 107.38 -1.3 0.2 -1.9 -0.8
8.3
9.7
GBP/CHF 1.1935 -7.2 -1.9 -5.6
157.2 9.8
GBP/USD 1.2555 -5.3 -0.3 -0.6 -17.9 9.0
USD/TRY 6.8483 15.2 -2.0 19.1 17.3
-2.9 -7.7
CNY AUD JPY GBP USD EUR CHF
-17.0 -13.5 3.5 5y
1 1.1 1.2 1.3
2016 2017 2018 2019 2020 0.9
1 1.1
2016 2017 2018 2019 2020
-2 0 2 4 6
2001 2003 2005 2007 2009 2011 2013 2015 2017 2019
US Euro Swiss
1 1.1 1.2 1.3
2016 2017 2018 2019 2020 1.1
1.3 1.5
2016 2017 2018 2019 2020
24 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK 24 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
Stocks
06/2020 YTD (in %) 6m 1y 5y 30d volatility
10'137 -5.3 -3.4 6.4 9.7 39.2
3'259 -14.1 -12.0 -0.7 -8.7 46.9
12'382 -7.5 -6.5 5.6 8.5 49.8
282 -10.3 -9.4 1.2 2.4 41.8
06/2020 YTD (in %) 6m 1y 5y 30d volatility
26'290 -8.9 -6.3 5.9 46.0 57.2
3'125 -4.1 -0.5 13.5 48.3 52.7
9'896 8.8 14.2 32.8 95.2 49.3
06/2020 YTD (in %) 6m 1y 5y 30d volatility
22'456 -3.2 -3.6 9.0 9.2 46.8
24'481 -14.2 -7.1 -9.0 -10.7 36.8
4'018 -3.2 4.9 10.7 -17.0 21.0
06/2020 YTD (in %) 6m 1y 5y 30d volatility
990 -11.2 -4.8 -0.8 -1.4 35.5
YTD Indices: 5 Year Indices:
Commodities
Energy in USD 06/2020 YTD (in %) 6m 1y 5y 30d volatility
38.2 -35.6 -29.0 -27.2 -43.6 147.3
40.8 -35.5 -29.5 -30.8 -45.8 89.9
Metals in USD 06/2020 YTD (in %) 6m 1y 5y 30d volatility
1'720.1 13.4 17.5 31.8 44.5 25.9
17.5 -2.2 2.5 19.6 4.3 37.8
818.3 -15.3 -8.7 3.1 -26.4 40.8
WTI Crude Oil per barrel in USD Gold per troy ounce in USD 11.2
-0.7 2.7 1m 7.0 1m 8.0 7.3 11.3 1m 1m 5.3 11.3 14.0 4.1 EMEA
SMI
Euro Stoxx 50 Dax
WTI Crude Oil Euro Stoxx Small 200 Americas
Dow Jones S&P 500 Nasdaq Asia/Pacific Nikkei 225 HK Hang Seng SH Shenzhen CSI 300 Emergin Markets MSCI Emerging Markets
Brent Crude Oil
Gold Silver Platinum
1m 74.6 44.2 1m 2.0 16.6 5.3 -40%
-20%
0%
20%
40%
60%
80%
2016 2017 2018 2019 2020
Dow Jones Euro Stoxx 50 SMI Nikkei
-40%
-30%
-20%
-10%
0%
10%
01/2020 02/2020 03/2020 04/2020 05/2020
Dow Jones Euro Stoxx 50 SMI Nikkei
10 20 30 40 50 60 70 80
2016 2017 2018 2019 2020
1000 1200 1400 1600 1800
2016 2017 2018 2019 2020
BENDURA BANK AG Schaaner Strasse 27 9487 Gamprin-Bendern Principality of Liechtenstein
P: +423 / 265 56 56 F: +423 / 265 56 99 info@bendura.li www.bendura.li
DICHIARAZIONE DI NON RESPONSABILITÀ
Le informazioni fornite in questa pubblicazione si basano su fonti pubblicamente accessibili che non siamo in grado di verificare ma che riteniamo attendibili. Alcune analisi e commenti sono stati messi a nostra disposizione dalla «Landesbank Baden- Württem-berg» in Germania. Nel nostro servizio investimenti presentiamo la nostra opinione sui mercati e sui prodotti al momento della data del documento. Facciamo ciò solo a scopo informativo, sen-za responsabilità o pretesa di completezsen-za, e indipendente da Informazioni sul diritto di rifiuto e diritto di cancellazione in
conformità con il regolamento generale sulla protezione dei dati (GDPR)
Avete il diritto di annullare il consenso dato per la ricezione di informazioni di marketing o di rifiutare il trattamento dei Vs. dati personali a questo scopo. Vi preghiamo di informarci se non de-siderate ricevere questo materiale o brochure simili in futuro.
ogni possibile coinvolgimento da parte nostra in questi prodotti. Questa pubblicazione non deve essere considerata un sostituto della consulenza personale. Essa funge esclusivamente come fonte di informazioni e non può essere considerata né un‘offerta né un invito all‘acquisto o alla vendita. Si prega di contattare il proprio consulente per informazioni aggiuntive e più attuali su eventuali opportunità di investimento e per consigli individuali su gli investimenti.
Individual Clients Global Markets, Holger LOOSE +423 265 56 26, holger.loose@bendura.li Lingue: Tedesco, Inglese, Russo, Spagnolo Individual Clients Eurasia, Anzhelika LUDESCHER +423 265 56 54, anzhelika.ludescher@bendura.li Lingue: Tedesco, Inglese, Russo, Azero, Ucraino Individual Clients Central Europe, Ivan MELAY +423 265 56 45, ivan.melay@bendura.li Lingue: Tedesco, Inglese, Slovacco
Institutional Clients Eastern Europe, Anatolijs NATORČA +423 265 56 38, anatolijs.natorca@bendura.li
Lingue: Russo, Inglese, Tedesco
Individual Clients Southwest Asia, Kerrar KULAK +423 265 56 91, kerrar.kulak@bendura.li Lingue: Tedesco, Inglese, Francese, Turco Individual Clients Turkey, Özlem ÖZBEK +423 265 56 94, oezlem.oezbek@bendura.li Lingue: Inglese, Turco
Family Office Eurasia, Robert BOUKAL +423 265 56 43, robert.boukal@bendura.li Lingue: Tedesco, Inglese, Italiano, Ceco
Family Office Selected Europ. Countries, Alexander FEIX +423 265 56 16, alexander.feix@bendura.li
Lingue: Tedesco, Inglese, Italiano
Family Office Asia, Fan WOHLWEND-ZHAO +423 265 55 17, fan.wohlwend-zhao@bendura.li Lingue: Tedesco, Inglese, Cinese, Cantonese Family Office Global Markets, Norbert REICHART +423 265 56 53, norbert.reichart@bendura.li Lingue: Tedesco, Inglese
Family Office Global Markets Institutionals, Darko VUSER +423 265 56 15, darko.vuser@bendura.li
Lingue: Tedesco, Inglese, Slovacco, Croato, Serbo Family Office Global Markets Individuals, Tobias SPALT +423 265 56 25, tobias.spalt@bendura.li
Lingue: Tedesco, Inglese
Family Office Germany & Italy, Friedrich HETZENECKER +423 265 56 20, friedrich.hetzenecker@bendura.li Lingue: Tedesco, Inglese
Institutional Clients, Peter BADER +423 265 56 18, peter.bader@bendura.li Lingue: Tedesco, Inglese
Institutional Clients Global Markets, Alexander RINDERER +423 265 56 65, alexander.rinderer@bendura.li
Lingue: Tedesco, Inglese, Italiano, Spagnolo, Francese Institutional Clients Domestic Market, Stefan RATZ +423 265 56 49, stefan.ratz@bendura.li
Lingue: Tedesco, Inglese
Institutional Clients Central Europe, Lukas LINGG +423 265 56 71, lukas.lingg@bendura.li
Lingue: Tedesco, Inglese, Francese
BENDURA BANK AG
+423 265 56 56, info@bendura.li www.bendura.li
CEO, Dr. Andreas INSAM
+423 265 56 22, andreas.insam@bendura.li
Deputy CEO, Chief Strategy Officer (CSO), Dr. Peter KRENN +423 265 56 40, peter.krenn@bendura.li
Chief Customer Officer (CCO), Dr. Markus FEDERSPIEL +423 265 56 37, markus.federspiel@bendura.li
Chief Financial Officer (CFO), Stefan MÄDER +423 265 56 12, stefan.maeder@bendura.li Chief Risk Officer (CRO), Marcel WYSS +423 265 55 16, marcel.wyss@bendura.li
Representative Office Hong Kong, Philipp FORSTER +852 2275 3771, philipp.forster@bendura.li
Asset Management, Pasquale MARCIELLO +423 265 56 92, pasquale.marciello@bendura.li Investment Advice, Giovanni LEU
+423 265 56 46, giovanni.leu@bendura.li Issuer Services, Valentin WAIBEL +423 265 55 60, valentin.waibel@bendura.li Marketing, Sandra WANDL
+423 265 56 19, sandra.wandl@bendura.li Human Resources, Mariella SCHEIBER +423 265 56 10, mariella.scheiber@bendura.li Legal, Dr. Gabriele MARTIN-GRASS +423 265 56 52, gabriele.martin@bendura.li Loans, Günter GSTACH
+423 265 56 29, guenter.gstach@bendura.li Compliance, Edmund FREISCHER
+423 265 55 46, edmund.freischer@bendura.li Tax, Dr. Franz-Notker LICHTINGER
+423 265 56 59, franz-notker.lichtinger@bendura.li
24 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK 24 | LUGLIO 2020 | SERVIZIO DI INVESTIMENTI BENDURA BANK
Stocks
06/2020 YTD (in %) 6m 1y 5y 30d volatility
10'137 -5.3 -3.4 6.4 9.7 39.2
3'259 -14.1 -12.0 -0.7 -8.7 46.9
12'382 -7.5 -6.5 5.6 8.5 49.8
282 -10.3 -9.4 1.2 2.4 41.8
06/2020 YTD (in %) 6m 1y 5y 30d volatility
26'290 -8.9 -6.3 5.9 46.0 57.2
3'125 -4.1 -0.5 13.5 48.3 52.7
9'896 8.8 14.2 32.8 95.2 49.3
06/2020 YTD (in %) 6m 1y 5y 30d volatility
22'456 -3.2 -3.6 9.0 9.2 46.8
24'481 -14.2 -7.1 -9.0 -10.7 36.8
4'018 -3.2 4.9 10.7 -17.0 21.0
06/2020 YTD (in %) 6m 1y 5y 30d volatility
990 -11.2 -4.8 -0.8 -1.4 35.5
YTD Indices: 5 Year Indices:
Commodities
Energy in USD 06/2020 YTD (in %) 6m 1y 5y 30d volatility
38.2 -35.6 -29.0 -27.2 -43.6 147.3
40.8 -35.5 -29.5 -30.8 -45.8 89.9
Metals in USD 06/2020 YTD (in %) 6m 1y 5y 30d volatility
1'720.1 13.4 17.5 31.8 44.5 25.9
17.5 -2.2 2.5 19.6 4.3 37.8
818.3 -15.3 -8.7 3.1 -26.4 40.8
WTI Crude Oil per barrel in USD Gold per troy ounce in USD 11.2
-0.7 2.7 1m 7.0 1m 8.0 7.3 11.3 1m 1m 5.3 11.3 14.0 4.1 EMEA
SMI
Euro Stoxx 50 Dax
WTI Crude Oil Euro Stoxx Small 200 Americas
Dow Jones S&P 500 Nasdaq Asia/Pacific Nikkei 225 HK Hang Seng SH Shenzhen CSI 300 Emergin Markets MSCI Emerging Markets
Brent Crude Oil
Gold Silver Platinum
1m 74.6 44.2 1m 2.0 16.6 5.3 -40%
-20%
0%
20%
40%
60%
80%
2016 2017 2018 2019 2020
Dow Jones Euro Stoxx 50 SMI Nikkei
-40%
-30%
-20%
-10%
0%
10%
01/2020 02/2020 03/2020 04/2020 05/2020
Dow Jones Euro Stoxx 50 SMI Nikkei
10 20 30 40 50 60 70 80
2016 2017 2018 2019 2020
1000 1200 1400 1600 1800
2016 2017 2018 2019 2020
BENDURA BANK AG Schaaner Strasse 27 9487 Gamprin-Bendern Principality of Liechtenstein
P: +423 / 265 56 56 F: +423 / 265 56 99 info@bendura.li www.bendura.li
DICHIARAZIONE DI NON RESPONSABILITÀ
Le informazioni fornite in questa pubblicazione si basano su fonti pubblicamente accessibili che non siamo in grado di verificare ma che riteniamo attendibili. Alcune analisi e commenti sono stati messi a nostra disposizione dalla «Landesbank Baden- Württem-berg» in Germania. Nel nostro servizio investimenti presentiamo la nostra opinione sui mercati e sui prodotti al momento della data del documento. Facciamo ciò solo a scopo informativo, sen-za responsabilità o pretesa di completezsen-za, e indipendente da Informazioni sul diritto di rifiuto e diritto di cancellazione in
conformità con il regolamento generale sulla protezione dei dati (GDPR)
Avete il diritto di annullare il consenso dato per la ricezione di informazioni di marketing o di rifiutare il trattamento dei Vs. dati personali a questo scopo. Vi preghiamo di informarci se non de-siderate ricevere questo materiale o brochure simili in futuro.
ogni possibile coinvolgimento da parte nostra in questi prodotti.
Questa pubblicazione non deve essere considerata un sostituto della consulenza personale. Essa funge esclusivamente come fonte di informazioni e non può essere considerata né un‘offerta né un invito all‘acquisto o alla vendita. Si prega di contattare il proprio consulente per informazioni aggiuntive e più attuali su eventuali opportunità di investimento e per consigli individuali su gli investimenti.
Individual Clients Global Markets, Holger LOOSE +423 265 56 26, holger.loose@bendura.li Lingue: Tedesco, Inglese, Russo, Spagnolo Individual Clients Eurasia, Anzhelika LUDESCHER +423 265 56 54, anzhelika.ludescher@bendura.li Lingue: Tedesco, Inglese, Russo, Azero, Ucraino Individual Clients Central Europe, Ivan MELAY +423 265 56 45, ivan.melay@bendura.li Lingue: Tedesco, Inglese, Slovacco
Institutional Clients Eastern Europe, Anatolijs NATORČA +423 265 56 38, anatolijs.natorca@bendura.li
Lingue: Russo, Inglese, Tedesco
Individual Clients Southwest Asia, Kerrar KULAK +423 265 56 91, kerrar.kulak@bendura.li Lingue: Tedesco, Inglese, Francese, Turco Individual Clients Turkey, Özlem ÖZBEK +423 265 56 94, oezlem.oezbek@bendura.li Lingue: Inglese, Turco
Family Office Eurasia, Robert BOUKAL +423 265 56 43, robert.boukal@bendura.li Lingue: Tedesco, Inglese, Italiano, Ceco
Family Office Selected Europ. Countries, Alexander FEIX +423 265 56 16, alexander.feix@bendura.li
Lingue: Tedesco, Inglese, Italiano
Family Office Asia, Fan WOHLWEND-ZHAO +423 265 55 17, fan.wohlwend-zhao@bendura.li Lingue: Tedesco, Inglese, Cinese, Cantonese Family Office Global Markets, Norbert REICHART +423 265 56 53, norbert.reichart@bendura.li Lingue: Tedesco, Inglese
Family Office Global Markets Institutionals, Darko VUSER +423 265 56 15, darko.vuser@bendura.li
Lingue: Tedesco, Inglese, Slovacco, Croato, Serbo Family Office Global Markets Individuals, Tobias SPALT +423 265 56 25, tobias.spalt@bendura.li
Lingue: Tedesco, Inglese
Family Office Germany & Italy, Friedrich HETZENECKER +423 265 56 20, friedrich.hetzenecker@bendura.li Lingue: Tedesco, Inglese
Institutional Clients, Peter BADER +423 265 56 18, peter.bader@bendura.li Lingue: Tedesco, Inglese
Institutional Clients Global Markets, Alexander RINDERER +423 265 56 65, alexander.rinderer@bendura.li
Lingue: Tedesco, Inglese, Italiano, Spagnolo, Francese Institutional Clients Domestic Market, Stefan RATZ +423 265 56 49, stefan.ratz@bendura.li
Lingue: Tedesco, Inglese
Institutional Clients Central Europe, Lukas LINGG +423 265 56 71, lukas.lingg@bendura.li
Lingue: Tedesco, Inglese, Francese
BENDURA BANK AG
+423 265 56 56, info@bendura.li www.bendura.li
CEO, Dr. Andreas INSAM
+423 265 56 22, andreas.insam@bendura.li
Deputy CEO, Chief Strategy Officer (CSO), Dr. Peter KRENN +423 265 56 40, peter.krenn@bendura.li
Chief Customer Officer (CCO), Dr. Markus FEDERSPIEL +423 265 56 37, markus.federspiel@bendura.li
Chief Financial Officer (CFO), Stefan MÄDER +423 265 56 12, stefan.maeder@bendura.li Chief Risk Officer (CRO), Marcel WYSS +423 265 55 16, marcel.wyss@bendura.li
Representative Office Hong Kong, Philipp FORSTER +852 2275 3771, philipp.forster@bendura.li
Asset Management, Pasquale MARCIELLO +423 265 56 92, pasquale.marciello@bendura.li Investment Advice, Giovanni LEU
+423 265 56 46, giovanni.leu@bendura.li Issuer Services, Valentin WAIBEL +423 265 55 60, valentin.waibel@bendura.li Marketing, Sandra WANDL
+423 265 56 19, sandra.wandl@bendura.li Human Resources, Mariella SCHEIBER +423 265 56 10, mariella.scheiber@bendura.li Legal, Dr. Gabriele MARTIN-GRASS +423 265 56 52, gabriele.martin@bendura.li Loans, Günter GSTACH
+423 265 56 29, guenter.gstach@bendura.li Compliance, Edmund FREISCHER
+423 265 55 46, edmund.freischer@bendura.li Tax, Dr. Franz-Notker LICHTINGER
+423 265 56 59, franz-notker.lichtinger@bendura.li