In the Asset Servicing business segment, Hauck & Aufhäuser Privatbankiers AG combines all services related to the administration of investment products for independent asset managers, financial service providers, institutional investors, asset managers and capital management companies with a focus on Germany, Luxembourg, Switzerland, Austria, and Ireland. About 300 employees are working here in the areas of financial assets and real assets. In the field of real assets, Hauck & Aufhäuser offers custodian services for all open and closed real asset fund structures and securitizations under German and Luxembourg law. In addition, as Luxembourg central administrator, H&A provides all services for the administration of alternative investment funds and securitizations for initiators and investors. The bank's services also include the AIFM function in Luxembourg.