YEREVAN, November 6. / ARKA /. An asset management company C-QUADRAT and Talanx Asset Management,  a member of Talanx Group  have applied to the Central Bank of Armenia to seek  a license for establishing  a company to manage Armenia’s compulsory pension fund, the Central bank said.

C-QUADRAT,  an asset management company, founded in 1991, has offices in Vienna, London , Frankfurt and Geneva, and a sales network in 17 European countries.

Talanx Asset Management, based in Cologne, is a subsidiary company of Talanx Group, the third largest insurance group in Germany. .-0-