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Public sector

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We put clarity at the centre.

As a municipal investor, you have to comply with a wide range of regulations. That is why we make it our top priority to support your goals with advice specific to your needs.

 

Competence based on experience.

As a member of the Savings Banks Finance Group and a public-law institution, we know all about the current and future challenges for the public sector. For our public sector clients, the economic, legal and political parameters are important criteria for all their decisions. We are familiar with the specific decision-making processes and structures and with the operating environment, which varies from one region to another.

 

Assuming responsibility

We work with you to develop all-round solutions for achieving the targets and financial plans adopted by your boards – whether they are for short-term cash management, medium- or long-term investment of reserves or the funding of pension obligations. We help you to realise your projects and meet your obligations so that you can continue to assume your responsibilities to the public in future.

 

Your benefits:

  • Our experts have years of experience of advising public sector organisations
  • Working with you, we develop tailor-made solutions adapted to your legal structures in order to realise your goals and manage internal processes
  • We offer you a variety of investment processes and a wide spectrum of investment products
  • For your borrowing requirements, we can offer a range of funding alternatives

 

Commitment to public service

On the basis of various investment processes, we manage investment assets of €23 billion for the public sector in a variety of individually structured institutional funds. We attach great importance to responsible and sustainable investment solutions, which are precisely adapted to the special investment conditions and challenges of public sector institutions.

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DekaBank manages about 260 mandates for the public sector.

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Asset volume of over EUR 30 billion.

Public setor finances affect us all. Exceptional care is required.

Holger Stiebeling

Head of Team Non-profit Institutions/

Public Sector

Investment processes and products

A responsible weighting of risk and return

 

Traditional approach

The traditional Deka Investment style is characterised by active fund management. Investment decisions are made on the basis of our top-down assessments of the market, as well as extensive company analysis and market data. By ensuring that research and portfolio management are closely linked within the teams, we combine sharp-sighted analysis with clear responsibility for the portfolio. DekaBank currently manages 28 funds with a total volume of €2.5 billion for the public sector in this traditional style.
 
Quantitative strategies
Deka Investment has developed a purely quantitative investment process, which captures and analyses the flow of market information on the basis of fundamental relationships. This enables transparent, systematic investment decisions to be made and guarantees effective risk management at the same time. DekaBank currently manages 15 funds with a total volume of €1.7 billion for the public sector with quantitative portfolio strategies.
 
Deka-Kommunal Euroland Balance
Deka-Kommunal Euroland Balance is a mutual fund that is specially adapted to the needs of institutional investors from the municipal sector. That is why it is often chosen by public sector organisations for their investment portfolio. The fund’s transparency is certified on an ongoing basis by the respected auditors Rödl & Partner from Cologne.
 
 

Borrowing

Use funding alternatives as needed

 

DekaBank offers alternative funding models in addition to classic municipal loans. For many years, we have been among the biggest lead managers for bond issues by the federal states. Recently, we have also helped numerous cities and municipally owned companies to raise funds on capital markets.

 

Bonds

For raising funds in excess of €100 million, with maturities of up to ten years and grace periods for capital repayment, a bond issue can be an attractive choice. One major advantage compared with other funding options is the greater liquidity that results from a potential market listing. If distribution is limited to institutional investors, the product does not require a sales memorandum and is only slightly more expensive than a classical loan. Banks and asset managers are the main potential investors.

 

Borrower’s note loans (Schuldscheindarlehen)

The volume, maturity and repayment structure of borrower’s note loans can be structured individually, which provides additional flexibility. In contrast to a bond, it is also possible to approach suitable investors selectively and discreetly. The rules for their valuation (no mark-to-market) make borrower’s note loans a particularly interesting alternative for institutional investors such as insurance companies, pension funds and foundations, who are looking for attractive investment options in the current low-interest environment. The cost can be minimised by streamlining the documentation.

 

Municipal loans

In addition to the funding alternatives described above, we continue to provide municipal loans, the classic means of funding local government borrowing. We structure individual loan agreements, which are perfectly adapted to your concrete needs, your current situation and your future plans.

Contact

Holger Stiebeling

Holger Stiebeling

Head of Team Non-profit Institutions/

Public Sector

(+49) 69 71 47 - 58 98

Robert Götz

Robert Götz

Specialist Team Public Sector

(+49) 69 71 47 - 10 71

Isabelle Appel

Isabelle Appel

Specialist Team Non-profit Institutions/Public Sector

(+49) 69 71 47 - 74 49

Michael Ruschel

Michael Ruschel

Specialist Team Public Sector

(+49) 69 71 47 - 29 05

Daniel Sayar

Daniel Sayar

Specialist Team Non-profit Institutions/Public Sector

(+49) 69 71 47 - 32 34