The medieval Hanse trade code has kept Hamburg’s fund selectors successfully conservative. A cross section of investment companies in the city say how peculiar traditions have made a vital difference.
Welcome to Hamburg, the city with the largest number of millionaires in Germany and the fund community’s best kept secret.
Situated in north Germany, it seems both geographically and metaphorically many miles from Frankfurt, home to the European Central Bank, the German stock exchange and international investment banks.
Hosting a large harbour and port, Hamburg has inherited capital from its shipping industry over centuries, which is still being passed down and invested by today’s Hansean generation.
Read more: Hamburg: a safe port in a financial storm - Citywire
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