At the beginning of the year, German magazine Wirtschaftswoche (Economics Weekly) and the MMD rating agency honoured the best asset managers of 2015. More than 1,100 funds were tested in the offensive, balanced and defensive categories from a total of 400 banks and asset managers in German-speaking countries. Schoellerbank took 1st place in the offensive category with its Ethik Vorsorge fund. Schoellerbank was also chosen as one of the best in the balanced category with its Global Pension Fund. This analysis not only compared yields achieved by the asset managers, however, but also evaluated funds according to the risks taken by managers in order to reach their level of performance.