Hauck & Aufhäuser Fund Services reports continued growth in 2024

Hauck & Aufhäuser Fund Services S.A. (HAFS) has reported continued growth in assets under management (AuM) and assets under service (AuS) for the year ending 31 December 2024. Together with its subsidiary, Hauck & Aufhäuser Administration Services S.A. (HAAS), the group oversaw a combined volume of over €110 billion, marking a 5.56% increase compared to the previous year.

The company attributed this growth to sustained institutional demand for tailored fund solutions, including strategies involving both real and financial assets. HAFS currently manages 665 mandates, having added more than 50 new ones by the end of January 2025. The group expects to secure an additional 30 to 40 mandates over the next 12 to 18 months.

Real estate and other real assets remain a significant focus area, with over €23 billion under administration. HAFS continues to offer fund strategies across infrastructure, private equity, private debt, and real estate. According to the company, infrastructure funds remain in demand, particularly in sectors tied to renewable energy and public infrastructure renovation.

In the financial assets segment, HAFS plans to expand its offering in 2025 with new products, including money market funds and actively managed ETFs, in response to shifting investor preferences.

The group currently employs more than 350 professionals and operates from offices in Luxembourg, Germany, and Ireland. Its services span fund structuring, portfolio and risk management, client support, and ESG advisory.

The company continues to invest in its digital infrastructure to align with regulatory developments and market expectations. ESG remains a key focus, with dedicated teams supporting implementation and reporting requirements for fund clients.

HAAS complements HAFS’s offerings with fund administration services for independent asset managers and institutional investors across Germany, Luxembourg, Switzerland, Austria, and Ireland. The group services a range of structures, including UCITS, institutional funds, and alternative investment funds.