Wilhelm Bender - European Equity Independent Director

EEA Fund  USD 8.75  0.04  0.46%   
Wilhelm Bender is Fund Manager at European Equity Closed
Dr. Wilhelm Bender is an Independent Director of European Equity Fund Inc., Senior Advisor of Advent International GmbH, of Norton Rose LLP and of Leonardo Co. GmbH, and Chairman of the Supervisory Boards of Bombardier Transportation GmbH and Eintracht Frankfurt Futball AG, and a member of Supervisory Boards of MTU AG and Lufthansa Cargo AG . He is also a member of the Advisory Boards of Deutsche Bank AG and IVG AG and holds a number of honorary positions including Honorary Professor of the Johann Wolfgang Goethe University in Frankfurt . He is the former Chairman of the Executive Board of Fraport AG, Germany .
Age 75
Tenure 11 years
Professional MarksMBA
Phone49 69 9101 2371
Webhttps://fundsus.deutscheam.com/EN/products/european_equity_fund.jsp

European Equity Management Performance (%)

The company has Return on Asset of 1.02 % which means that on every $100 spent on assets, it made $1.02 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (22.11) %, meaning that it generated no profit with money invested by stockholders. European Equity's management efficiency ratios could be used to measure how well European Equity manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.97 M in debt with debt to equity (D/E) ratio of 0.02, which may show that the company is not taking advantage of profits from borrowing. European Equity Closed has a current ratio of 1.63, which is typical for the industry and considered as normal. Debt can assist European Equity until it has trouble settling it off, either with new capital or with free cash flow. So, European Equity's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like European Equity Closed sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for European to invest in growth at high rates of return. When we think about European Equity's use of debt, we should always consider it together with cash and equity.

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The European Equity Fund, Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The European Equity Fund, Inc. was formed on July 23, 1986 and is domiciled in the United States. European Equity is traded on New York Stock Exchange in the United States. The fund is not classified under any group at the present time.

Management Performance

European Equity Closed Leadership Team

Elected by the shareholders, the European Equity's board of directors comprises two types of representatives: European Equity inside directors who are chosen from within the company, and outside directors, selected externally and held independent of European. The board's role is to monitor European Equity's management team and ensure that shareholders' interests are well served. European Equity's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, European Equity's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wolfgang Leoni, Independent Director
Hepsen Uzcan, President, Chief Executive Officer, Independent Director
Franz Hopp, Independent Director
Paul Schubert, Chief Financial Officer, Treasurer
Sheila Cadogan, Assistant Treasurer
Brian Binder, President, Chief Executive Officer
Walter Dostmann, Independent Director
Christopher Pleister, Lead Independent Director
Robert Wadsworth, Independent Director
Rainer Vermehren, Vice President
Richard Burt, Independent Director
Wayne Salit, Anti-Money Laundering Compliance Officer
Christian Zugel, Independent Director
Kenneth Froewiss, Independent Director
Joachim Wagner, Independent Director
Christian Strenger, Chairman of the Board
Holger Hatje, Independent Director
Alyssa Asbury, Assistant Secretary
Donna White, Chief Compliance Officer
Michelle GoveiaPine, Interim Anti-Money Laundering Compliance Officer
John Millette, Secretary
Diane Kenneally, Chief Financial Officer, Treasurer
Melinda Morrow, Vice President
Caroline Pearson, Chief Legal Officer
Wilhelm Bender, Independent Director
Friedbert Malt, Independent Director
Scott Hogan, Chief Compliance Officer
Richard Goeltz, Independent Director
Detlef Bierbaum, Independent Director

European Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is European Equity a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with European Equity

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if European Equity position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in European Equity will appreciate offsetting losses from the drop in the long position's value.

Moving together with European Fund

  0.77CHI Calamos ConvertiblePairCorr
  0.84TWN Taiwan ClosedPairCorr
The ability to find closely correlated positions to European Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace European Equity when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back European Equity - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling European Equity Closed to buy it.
The correlation of European Equity is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as European Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Equity Closed moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for European Equity can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Equity Closed. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the European Equity Closed information on this page should be used as a complementary analysis to other European Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between European Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if European Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, European Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.