The chief executive of quantitative asset manager Quoniam is stepping down after more than 20 years of service, citing personal reasons.
Helmut Paulus, one of the co-founders of the German firm, saw assets under management increase to more than €30 billion during his time with company.
He will be replaced by Nikolaus Sillem, who previously served as a member of the company’s supervisory board before giving up the post in March this year.
Quoniam manages equity, fixed income, and multi-asset strategies and employs over 120 people across Frankfurt and London.
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