Team & Organisation


Daniel Gonzenbach

Tel +41 43 817 7022, gonzenbach at

Daniel Gonzenbach has been actively investing in convertible bonds since 1991. He held various positions with major investment banks in Sales and Trading: Swiss Bank Corp. (1985-89), Yamaichi Bank (1991-93), UBS (1993-1995) and Jefferies & Co. Ltd. (1995-99).


Carsten Kröger

Tel +41 43 817 7024, kroeger at

Carsten Kröger began his banking career in 1991 with an apprenticeship at Deutsche Bank AG in Hamburg. Subsequently, he studied business administration at the University of Mannheim and the FHTW Berlin. From 2001 to 2006 he worked as a Buy-Side Analyst and Fund Manager for Global Equities at Deka Investment in Frankfurt. In 2006 he joined Credit Suisse Asset Management in Zurich as a Portfolio Manager for Global Convertibles. From 2008 to 2009 he was a Portfolio Manager at the newly formed AgaNola AG in Pfäffikon SZ.

Since December 2009 he works as a Senior Advisor at Holinger Asset Management AG. Mr. Kröger is a Bankkaufmann and Dipl.-Kfm. (FHTW Berlin).


Daniel Lutz

Tel +41 43 817 70 21, lutz at

Daniel Lutz began his professional career in 1997 with a banking apprenticeship at the then Swiss Bank Corporation. From 2000 to 2004 he was part of the Young Generation Program involving various assignments within different divisions of UBS (active portfolio supervision, equity sales, portfolio management). In 2004 he started managing convertible bonds at UBS Global Asset Management. As a Senior Portfolio Manager he was responsible for the management and strategy of the Asian convertible bond capability at UBS Global Asset Management until the end of 2013. Since February 2014 he works as a Senior Advisor at Holinger Asset Management.

Mr. Lutz holds a Bachelor of Business Administration, is a member of the Swiss CFA Society and a CFA Charterholder.


Matthias Tenger

Tel +41 43 817 7023, tenger at

Matthias Tenger began his professional career in 1989 at the former Schweizerische Bankgesellschaft SBG, where he worked for three years as a market maker of Japanese convertible bonds. In 1992 he moved for a further 3 years to UBS Philips & Drew in Tokyo, where he traded warrants and index futures in addition to convertible bonds.

From 1995 to 2000, he managed the market making of Japanese convertible bonds and warrants for the Industrial Bank of Japan in Zurich and built up the sales trading for Japanese equities.
In 2001 he joined EMCORE Asset Management AG, where he held various positions, most recently as portfolio and risk manager and quantitative analyst. In this function Matthias Tenger was responsible for a self-developed portfolio and risk management system. 

Matthias Tenger joined Holinger Asset Management AG in November 2019.

Board Of Directors

Edwin van der Geest, President

Marcello Corti

Daniel Gonzenbach

Dr. Stefan Hepp