we empower active investment strategies by learning from data





About Us
Three decades of experience
ansa capital management is a systematic investment boutique founded in 2014 by Dr. Andreas Sauer and headquartered in Germany. Our leadership team combines a long-standing, proven track record of successful collaboration, shaped by our shared experience in senior roles during the build-up of one of Germany’s leading quantitative asset managers.
We manage 2bn Eur across traditional, alternative, and absolute return strategies in equities and multi-asset. Our Multi-Asset Macro strategy was launched in 2014, followed by an Equity Market Neutral investment program in 2022. In addition, we implement bespoke strategies for institutional clients through a range of tailored managed accounts.
As an independent, partner-managed firm, we value the focused environment and the entrepreneurial spirit that define an investment boutique. We are driven by our passion for systematic investing and the application of state-of-the-art technology to inform our investment decisions. Professional excellence has always been at the core of our corporate and investment philosophy. We take time for meaningful dialogue and act as trusted partners and knowledge providers to our investors.
Performance is all that matters to us
Successful investing requires superior information processing. Driven by an unlimited passion for modern data science technologies, we develop machine learning models to process vast amounts of structured and unstructured data to help inform our investment decisions. With unwavering curiosity and a deep understanding of markets, we merge decades of traditional quantitative investment expertise with the virtually endless diversity of data science methodologies.
Some may call it AI – however, we do not aim to mimic human investment intelligence. Rather we apply cutting edge data technology developed around AI to extract signals from noisy financial data. This is how we define learning from data in search for alpha.
All towards one goal: superior investment performance for our investors.
Strategies & Solutions
Multi-Asset-Macro
Strategies that aim to generate stable returns through robust portfolio construction and diversified global asset class exposure.
Absolute Return
Strategies that aim to generate positive returns while maintaining a near-zero correlation with traditional asset classes.
Active Equity
A suite of core, enhanced and dynamic bottom-up Active Equity strategies that fully leverage our machine learning alpha models.

Since 2020, Nicole has been responsible for Corporate Administration. In this role, she is particularly accountable for compliance tasks in collaboration with our external partners for auditing, compliance, and internal auditing.
Nicole is a certified management assistant with a focus on business administration. She has extensive experience in all administrative areas and project management.
Following positions at Merrill Lynch, Credit Suisse Asset Management, and Allianz Global Investors, she worked for six years as Executive Assistant for a medium-sized company in the pharmaceutical sector before joining a.
At ansa, she particularly values the opportunity to apply her diverse professional experience to demanding tasks at a high level.

Since 2021, Kevin has been instrumental in developing and implementing our machine learning models for equities. His particular focus lies on deep learning models and high-frequency signal generation.
Kevin earned a bachelor’s degree in Business Administration and a master’s degree in Banking and Finance from the University of St. Gallen. During his studies, he focused on Financial Data Science and conducted research for his master’s thesis on interpretable machine learning models for stock selection.
Being part of ansa means developing innovative investment strategies using cutting-edge machine learning and teamwork.

Jan is responsible for implementing and researching our strategies as a Portfolio Manager.
After completing his interdisciplinary bachelor's degree at Zeppelin University, Friedrichshafen, Jan deepened his interest in financial market theory through a quantitative master’s program at the University of St. Gallen. During his studies, he gained valuable experience in applying machine learning to asset management as a working student at Liechtensteinische Landesbank. In his master’s thesis, he explored the topic of Factor Timing and analyzed dynamic forecasting models for predicting stock returns using machine learning methods.
For Jan, ansa offers the ideal opportunity to apply his methodological skills in asset and portfolio management while practically applying and further deepening his financial market knowledge.

Since the company's founding, Sabine has taken on responsibilities and tasks in the areas of HR, marketing, and administration.
After completing her business administration studies, she worked at SAP AG in software development for HR time management and personnel administration. In this field, she later spent many years working as a freelance business consultant.

Sascha has been responsible for managing our portfolio strategies since 2023.
For over 20 years, he has passionately and customer-focused dedicated himself to data-driven methods for capital market analysis—always with the goal of developing successful investment strategies and implementing them efficiently for global institutional clients.
Before joining ansa, he spent 15 years at Quoniam Asset Management, where he had been a member of the management team and the Investment Committee since 2016. As Head of Portfolio Management, he was responsible for all strategies from 2020 onwards, managing assets of institutional investors exceeding 25 billion euros.
He studied Economics at the University of Goettingen and UCLA in Los Angeles. During his part-time doctoral studies, he focused on modeling regime shifts in financial markets.

As a Portfolio Manager, Lars is responsible for implementing and researching our strategies.
Previously, he worked as a Portfolio Manager in the Multi-Asset team at Quoiam Asset Management, where he was tasked with developing new investment strategies and building extensive expertise in quantitative asset management.
Lars completed his bachelor’s and master’s studies in pure mathematics at Johannes Gutenberg University Mainz. During his doctoral studies at WHU – Otto Beisheim School of Management, he focused on applying modern machine learning (ML) algorithms in asset management. In his second and third research papers, he developed a new ML-based trading strategy for fund-of-hedge-funds.
For Lars, ansa means pushing the boundaries of quantitative asset management within a highly professional team using state-of-the-art scientific methodologies.

Since 2020, Maximilian has initially been responsible for developing our equity models, and since 2022, he has been leading the research for all investment strategies. In this role, he is primarily responsible for the development and implementation of machine learning model for all of our strategies and investment processes.
Maximilian completed his Master's degree in Financial Economics at the University of Cambridge and previously studied as part of his academic education at Boston University, Zeppelin University in Friedrichshafen, and Columbia University in New York.
His passion lies in applying machine learning approaches to asset management. Alongside his professional career, he completed his doctorate on "GlassBox Machine Learning" in Asset Pricing at EDHEC Business School.

Since 2015, Daniel has been significantly shaping the company's strategy and all processes within and for portfolio management as a partner and managing director.
He has been deeply involved in quantitative analysis of securities and portfolio construction methods for more than 20 years. Daniel was part of the founding team of the company in 2015 and previously spent six years at Quoniam Asset Management in the Equities & Asset Allocation division. As a Senior Portfolio Manager, he was responsible for mandates for institutional clients with a volume of around 2 billion euros. Before that, he worked as a Portfolio Manager at DZ Privatbank in Luxembourg.
Daniel holds a degree in Business Mathematics from the University of Trier. Alongside his professional career, he completed his doctorate at the Institute of Empirical Capital Market Research at WHU – Otto Beisheim School of Management in Vallendar on ”Alpha, Downside Risk and Portfolio Construction”.

Andreas is the founder and principal of the company. He has more than 30 years of experience in quantitative asset management as well as advising and supporting institutional clients. His passion lies in turning scientific research results and modern data science methods into successful investment strategies. Before founding the company in 2014, he was the CEO & CIO of Quoniam Asset Management, which he co-founded as a partner in 1999.
Andreas holds a degree in Industrial Engineering from the Karlsruhe Institute of Technology, where he also completed his doctorate on equity factor models after his studies.
For him, ansa capital management means entrepreneurial action driven by conviction, with a congenial team, and in complete alignment with the interests of clients.

David has been responsible for Business Development in the B2B and Wholesale Sector since 2019. In this role, he serves as the primary contact for distribution partners and private banking managers.
David has been working with portfolio management teams for over 15 years. Before joining ansa, he served as Sales Director at a large asset management company, advising banks, private banking managers, and institutional clients on active and quantitative fund models. His focus areas included fund consulting, fund distribution, and client communication, alongside communicating fund performance and policy.
David holds an MBA from the Frankfurt School of Finance and Management.
For him, ansa represents the ideal environment for independent and innovative Total Return and Absolute Return strategies. Working closely with portfolio management allows him to convey fund developments to clients with maximum transparency and to craft the right messages and visuals for effective communication.