Active Core Asset Management
- Company typePrivate
- Founded2024
- HeadquartersFlörsheim Am Main, Germany
- Headcount1–10
- GTM typeB2B
- OfferingServices
Active Core Asset Management firmographics
Firmographics- Name
- Active Core Asset Management
- Legal name
- Active Core Asset Management GmbH
- Website
- https://activecore-am.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Active Core Asset Management industry classification
Industry- Product category
- Fixed Income Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds) (FSAAAJAA)
Keywords
Where Active Core Asset Management is headquartered
LocationHeadquarters
- HQ city
- Flörsheim Am Main
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Active Core Asset Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Management Fees (TER): Total Expense Ratio (TER) capped at 0.12% p.a. for the fund. The company earns management fees based on assets under management across its UCITS fund products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | ED Share Class (Institutional) |
| Subscription | Annual | ETF Share Class |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Active Core Asset Management product offering
Product offeringCore offering
Active Core Asset Management GmbH is an independent, owner-managed fund initiator offering actively managed investment strategies focused on fixed income. Its flagship product is the eNOVA Active Core EUR Ultra Short Term UCITS fund, which invests in bonds and bills of the highest credit-quality sovereign and quasi-sovereign Eurozone issuers (minimum rating AA-/Aa3) with remaining maturity up to 14 months. The firm also offers special funds (Spezialfonds), individual mandates, and asset-liability management services.
Product overview
Active Core Asset Management GmbH is an independent, owner-managed fund initiator focused on actively managed investment strategies. The company offers three main product lines: public funds (Publikumsfonds), special funds (Spezialfonds), and individual mandates (individuelle Mandate). Their primary product is the eNOVA Active Core EUR Ultra Short Term fund, which comes in three share classes (ED/accumulating institutional class, ETF/accumulating class, and RD/distributing class). The company also provides interest rate and currency management (Zins- und Währungsmanagement) as well as Asset-Liability-Management services. Their customer base includes institutional investors, family offices, corporate treasuries, and private investors.
Differentiator
Problem solved
Functional benefit
Brands
- eNova Active Core: The flagship investment strategy — an ultra-short-term fixed income fund investing in AAA-rated eurozone government and quasi-government bonds with maturities up to 14 months. Available in ED (institutional), ETF, and RD share classes.
Products and services
- eNOVA Active Core EUR Ultra Short Term (ED Share Class) Institutional accumulating share class of the UCITS fund investing in money market papers and short-dated bonds of Eurozone sovereign and quasi-sovereign issuers (minimum rating AA-/Aa3) with remaining maturity up to 14 months. TER capped at 0.12% p.a. with no minimum investment.
- eNOVA Active Core EUR Ultra Short Term (ETF Share Class) ETF share class of the eNOVA Active Core EUR Ultra Short Term fund (ISIN IE000ST59DS4), offering the same actively managed ultra-short-term Eurozone sovereign fixed income strategy in an exchange-traded fund format. TER included in price.
- Special Funds (Spezialfonds) Customized segregated fixed income fund vehicles offered to institutional investors alongside the public UCITS fund range, tailored to specific mandates.
- Individual Mandates Bespoke individual investment mandates in interest rate and currency management for institutional and professional clients.
- Asset-Liability Management Services Advisory and management services helping institutions align interest rate and currency exposures with their liabilities, particularly for insurance, pension, and corporate treasury clients.
- Interest Rate and Currency Management Specialized fixed income services covering interest rate positioning and currency management for institutional clients.
Companies that use Active Core Asset Management
Customer profileSegments4 records
Ideal customer profiles2 records
Active Core Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Active Core Asset Management partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- FIDUS Finanz AGcoreFIDUS Finanz AG provides the regulatory liability umbrella (Haftungsdach) for Active Core Asset Management. Active Core operates as a contractually bound agent under FIDUS's BaFin license for investment advisory and brokerage services (§ 2 Abs. 2 Nr. 3 and 4 WpIG). Both companies are based in Frankfurt am Main.
- J.P. MorgancoreJ.P. Morgan SE Dublin Branch serves as the custodian/depositary bank for the eNOVA Active Core fund. This is a critical operational partnership ensuring fund asset custody and regulatory compliance.
- Hauck Aufhäuser Fund Services (HAL Privatbank)coreHAL Fund Services Ireland Limited serves as the management company (Verwaltungsgesellschaft) for the UCITS fund, providing fund administration and management company services.
- FlatEx DegirominorFlatEx Degiro is a brokerage partner providing platform access for the fund's ETF share class distribution to retail and professional investors.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Active Core Asset Management competitors and assessment
Company assessmentDirect peers
- Berenberg Asset Management: Hamburg-based independent German boutique asset manager with a strong fixed income franchise and institutional focus. Closely comparable as a German boutique competing in the DACH institutional fixed income / liquidity space, with similar distribution and team-size profile.
- Flossbach von Storch: German independent, owner-managed asset manager with strong fixed income and multi-asset offerings. The founder of Active Core (Wilhelm Wildschütz) previously led the Fixed Income business at Flossbach von Storch, making it the closest direct peer in terms of heritage, boutique positioning, and DACH institutional client base.
Broad incumbents
- iShares (BlackRock): World's largest ETF issuer with multiple EUR ultra-short term / money market ETFs (e.g., iShares EUR Ultrashort Bond UCITS ETF). Competes head-to-head with Active Core's ETF share class on European exchange platforms.
- Xtrackers (DWS): Major European ETF platform with EUR money market and short duration products (Xtrackers EUR Overnight Rate Swap UCITS ETF). Direct competitor for ETF share class distribution via brokers like FlatEx Degiro.
- Lyxor (Société Générale): European ETF provider (now part of Amundi) with EUR money market and ultra-short term ETFs. Comparable on the ETF share class side, competing on the same exchange-traded platform category Active Core's ETF share class inhabits.
- Union Investment: Large German asset manager (part of the DZ Bank group) with a broad fixed income and money market fund range. Competes for the same DACH institutional and corporate treasury cash management mandates.
- Amundi Asset Management: Europe's largest asset manager with a comprehensive range of ultra-short term and money market funds (Amundi Funds Cash, Amundi EUR Short Term). A direct competitor for cross-border institutional mandates and ETF shelf space, including the active-ETF category.
- Deka Investment: German asset manager affiliated with the Sparkassen group, offering institutional money market and short-term bond products. Targets the same corporate treasury and institutional client base as Active Core, particularly in Germany.
- DWS Group: One of Germany's largest asset managers, offering money market and ultra-short term bond funds (e.g., DWS Institutional Cash, Xtrackers EUR Money Market ETF). Directly comparable as a competitor for the same institutional money market/short duration mandates, but at vastly greater scale.
Regional players
- MEAG (Munich Re Group): Asset manager of Munich Re with DACH-focused institutional fixed income and money market offerings. Comparable boutique-ish positioning within a larger insurance group, targeting similar German corporate treasury and institutional clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
Active Core Asset Management social profiles
Digital presenceActive Core Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Active Core Asset Management leadership team
Management profileNumber of profiles
Profiles7 records
Active Core Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Active Core Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Active Core Asset Management
What does Active Core Asset Management do?
Active Core Asset Management GmbH is an independent, owner-managed fund initiator offering actively managed investment strategies focused on fixed income. Its flagship product is the eNOVA Active Core EUR Ultra Short Term UCITS fund, which invests in bonds and bills of the highest credit-quality sovereign and quasi-sovereign Eurozone issuers (minimum rating AA-/Aa3) with remaining maturity up to 14 months. The firm also offers special funds (Spezialfonds), individual mandates, and asset-liability management services.
Is Active Core Asset Management a public or private company?
Active Core Asset Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Active Core Asset Management founded?
Active Core Asset Management was founded in 2024. It employs 1 to 10 people.
Where is Active Core Asset Management based?
Active Core Asset Management is headquartered in Flörsheim Am Main, Germany, in the Europe region.
How does Active Core Asset Management make money?
One revenue line is on record: management Fees (TER).
Who are Active Core Asset Management's main competitors?
Direct peers on record are Berenberg Asset Management and Flossbach von Storch. Broad incumbents are iShares (BlackRock), Xtrackers (DWS), Lyxor (Société Générale), Union Investment, Amundi Asset Management, Deka Investment and DWS Group. MEAG (Munich Re Group) is listed as a regional player.
Does Active Core Asset Management have an API?
No public API is recorded for Active Core Asset Management.
What industry is Active Core Asset Management in?
Active Core Asset Management's product category is Fixed Income Asset Management. Its primary akta.pro industry code is FSAAAJAA, Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds). Its NAICS code is 523940 and its SIC code is 6282.