Marco Bacigalupo

BlackRock Asset Management Deutschland AG (Blackrock-Deutschland) is the German asset management subsidiary of BlackRock (Netherlands) BV (Frankfurt Branch), ultimately held by BlackRock, Inc. (NYSE: BLK) in the US, which merged in 2009 with Barclays Global Investors (BGI), including the iShares® exchange traded funds business. The combined firm operates under the BlackRock name and retains the iShares brand. The firm was founded in 1988 and is headquartered in Munich. Blackrock-Deutschland designs and manages equity, dividend, bond and swap ETFs as well as special funds.

ETFlab Investment GmbH (ETFlab) is the wholly-owned investment management subsidiary of Deka Investment GmbH, ultimately owned by DekaBank Deutsche Girozentrale in Germany. Founded in 2008, ETFlab is based in Munich and focuses on German and international institutional investors wishing to implement passive portfolio management through ETFlab's exchange traded funds. German investors enjoy additional advantages with ETFlab products including improved returns, reduced administration costs and providing advice in a faster, more targeted manner.

Deka Investment GmbH (Deka) is the wholly-owned asset management subsidiary of DekaBank Deutsche Girozentrale in Germany. Founded in 1995, the firm is headquartered in Frankfurt and acts as the investment arm of the DekaBank Group. The firm offers a range of funds in a variety of asset classes including large-, mid- and small-cap, corporate and government bonds, asset backed securities and convertible bonds for retail and institutional investors.