The New Germany Fund, Inc. Announces Portfolio Manager Change
The New Germany Fund (NYSE: GF) has announced a significant leadership change, with Hansjoerg Pack replacing Leon Cappel as portfolio manager effective March 1, 2025. Mr. Cappel's resignation was cited for personal reasons. Juan Barriobero de la Pisa will continue as Deputy Portfolio Manager.
Pack, who joined DWS in 1997, brings extensive portfolio management experience, particularly in German small and mid-cap equity securities. He has managed DWS Aktien Strategie Deutschland (with over EUR 2 billion in net assets) since 2016. Pack holds a BA in Business Administration from Sheffield Hallam University, a Master's in Economics from University of Duisburg-Essen, and is a CEFA-certified analyst.
Il New Germany Fund (NYSE: GF) ha annunciato un cambiamento significativo nella leadership, con Hansjoerg Pack che sostituisce Leon Cappel come gestore del portafoglio a partire dal 1 marzo 2025. Le dimissioni del signor Cappel sono state citate per motivi personali. Juan Barriobero de la Pisa continuerà come Vice Gestore del Portafoglio.
Pack, che è entrato in DWS nel 1997, porta con sé una vasta esperienza nella gestione di portafogli, in particolare in titoli azionari tedeschi di piccole e medie dimensioni. Gestisce DWS Aktien Strategie Deutschland (con oltre 2 miliardi di euro di attivi netti) dal 2016. Pack ha conseguito una laurea in Amministrazione Aziendale presso la Sheffield Hallam University, un Master in Economia presso l'Università di Duisburg-Essen ed è un analista certificato CEFA.
El New Germany Fund (NYSE: GF) ha anunciado un cambio significativo en el liderazgo, con Hansjoerg Pack reemplazando a Leon Cappel como gerente de cartera a partir del 1 de marzo de 2025. La renuncia del Sr. Cappel fue citada por razones personales. Juan Barriobero de la Pisa continuará como Subgerente de Cartera.
Pack, quien se unió a DWS en 1997, aporta una amplia experiencia en la gestión de carteras, especialmente en valores de renta variable de pequeñas y medianas empresas alemanas. Ha gestionado DWS Aktien Strategie Deutschland (con más de 2 mil millones de euros en activos netos) desde 2016. Pack tiene una licenciatura en Administración de Empresas de la Universidad Sheffield Hallam, una Maestría en Economía de la Universidad de Duisburg-Essen y es un analista certificado CEFA.
뉴 독일 펀드 (NYSE: GF)는 한스요르그 팩이 2025년 3월 1일부터 포트폴리오 매니저로 레온 카펠을 대체하는 중요한 리더십 변화를 발표했습니다. 카펠 씨의 사임은 개인적인 사유로 인한 것으로 전해졌습니다. 후안 바리오베로 데 라 피사는 부 포트폴리오 매니저로 계속 활동할 것입니다.
팩은 1997년에 DWS에 합류했으며, 독일의 중소형 주식 증권 관리에 대한 광범위한 경험을 가지고 있습니다. 그는 2016년부터 DWS Aktien Strategie Deutschland(순자산 20억 유로 이상)를 관리하고 있습니다. 팩은 셰필드 할람 대학교에서 경영학 학사, 뒤스부르크-에센 대학교에서 경제학 석사 학위를 취득했으며, CEFA 인증 분석가입니다.
Le New Germany Fund (NYSE: GF) a annoncé un changement significatif de direction, avec Hansjoerg Pack remplaçant Leon Cappel en tant que gestionnaire de portefeuille à partir du 1er mars 2025. La démission de M. Cappel a été évoquée pour des raisons personnelles. Juan Barriobero de la Pisa continuera en tant que directeur adjoint de portefeuille.
Pack, qui a rejoint DWS en 1997, apporte une vaste expérience en gestion de portefeuille, en particulier dans les titres de capitaux propres allemands de petite et moyenne capitalisation. Il gère DWS Aktien Strategie Deutschland (avec plus de 2 milliards d'euros d'actifs nets) depuis 2016. Pack est titulaire d'une licence en administration des affaires de l'Université Sheffield Hallam, d'un Master en économie de l'Université de Duisburg-Essen et est analyste certifié CEFA.
Der New Germany Fund (NYSE: GF) hat eine bedeutende Führungsänderung angekündigt, bei der Hansjoerg Pack Leon Cappel ab dem 1. März 2025 als Portfoliomanager ersetzt. Der Rücktritt von Herrn Cappel wurde aus persönlichen Gründen angegeben. Juan Barriobero de la Pisa wird weiterhin als stellvertretender Portfoliomanager tätig sein.
Pack, der 1997 zu DWS kam, bringt umfangreiche Erfahrung im Portfoliomanagement mit, insbesondere im Bereich deutscher Small- und Mid-Cap-Aktien. Er leitet seit 2016 DWS Aktien Strategie Deutschland (mit über 2 Milliarden Euro an Nettomitteln). Pack hat einen Bachelor-Abschluss in Betriebswirtschaft von der Sheffield Hallam University, einen Master in Volkswirtschaftslehre von der Universität Duisburg-Essen und ist ein CEFA-zertifizierter Analyst.
- New portfolio manager Hansjoerg Pack brings over 25 years of experience at DWS
- Pack has proven track record managing similar funds with over EUR 2 billion in assets
- Continuity maintained with Deputy Portfolio Manager remaining in position
- Unexpected departure of current portfolio manager could create short-term uncertainty
- Transition period might affect fund management strategy and performance
Mr. Pack joined DWS in 1997 and has extensive portfolio management experience, including management of funds with significant allocations to German small and mid-cap equity securities, including DWS Aktien Strategie Deutschland (with current net assets of over
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FAQ
When will Hansjoerg Pack take over as portfolio manager of GF?
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Who will be the Deputy Portfolio Manager of GF after March 2025?
Why is Leon Cappel leaving as GF's portfolio manager?
What are Hansjoerg Pack's qualifications for managing GF?
