The web pages use cookies to some extent. Cookies are small text files which are filed on your computer and stored by your browser. Cookies will not damage your computer and do not contain any viruses.

Cookies help us make our services more user-friendly, more effective and more secure. Most of the cookies we use are "session cookies". They are automatically deleted once your visit has ended. Other cookies remain on your device until you delete them. These cookies allow us to recognise your browser on your next visit.

The following provides you with information about the tools we use, the respective service providers and their data protection information, along with information about how to disable or block these tools.

The web analysis service Google Analytics (Google Inc., 1600 Amphitheatre Parkway Mountain View, CA 94043, USA) also uses cookies.

These text files are stored on your computer and allow how the website is used to be analysed. The information generated by the cookie about your use of this website will be sent in an anonymous format to a Google server in the USA, where it will be stored. More information about how Google Analytics handles user data can be found in the Google privacy policy:

You can stop cookies from being stored by adjusting your browser software accordingly; however, we need to tell you that if you do so, you might not be able to use all functions of this website to their full extent.

You can also stop Google from collecting data generated by the cookie and related to how you use the website (including your IP address) and from processing this data by downloading and installing the browser plug-in available at the following link:

You can also stop Google Analytics from collecting your data by clicking on the following link. Click here to opt out of Google Analytics measurement.

Click here to opt out of Google Analytics measurement.

An opt-out cookie will be set which stops your data from being collected during future visits to this website.

We have concluded a contract data processing agreement with Google and fully implement the most stringent requirements issued by the German data protection authorities when using Google Analytics.

We also want to point out the following points about Google Analytics to you:

  • Google Analytics records the demographic profiles of website visitors in terms of age, gender and interests. The provider receives this data from its own personalised ads and third-party visitor data. However, it is not possible to link this data to specific individuals.
  • Google Remarketing allows targeted advertising to be sent to users who have already shown an interest in our online services. Cookies are used as part of this process as well and can be disabled at
  • Google AdWords Conversion Tracking sets a cookie when you access our online services via a Google ad. These cookies are valid for 30 days and are not used to identify users personally, but instead serve statistical purposes for improving our advertising activities. As every user receives a different cookie, no other AdWords customers can be tracked via the websites. You can stop this tracking by blocking the setting of cookies from the domain in your browser.
  • Google Tag Manager sets simple website tags instead of cookies. No personal data is collected as part of this process, but this tool can trigger other tags which may collect data not accessed by Google Tag Manager. More information can be found at

Information on your rights and more information on data processing can be found in our privacy statement at

Flossbach von Storch Invest S.A. reserves the right to amend this cookie guideline at any time in accordance with legal guidelines. For example, this may take place in order to comply with new statutory provisions or to take new cookie services on our website into account. We therefore recommend that you regularly visit our website to check our up-to-date data protection practices.