Hints and tips:
...The US companies now go head-to-head with big European players such as Amundi, DWS, an asset manager majority owned by Deutsche Bank, and UBS in their own backyard....
...Synthetic ETFs account for €26bn of the €147bn ETF book of Xtrackers, the ETF arm of DWS, Germany’s largest asset manager, which is majority-owned by Deutsche Bank....
...since it acquired the business underlines the difficulty facing smaller boutiques trying to establish a European presence, where inflows are dominated by large global players like BlackRock, Amundi and DWS...
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...“People are looking at these lofty levels for downside protection,” said George Catrambone, the head of Americas trading at asset manager DWS....
Record-breaking year for exchange traded funds benefited fund giants that slashed fees
...Mr Woods joins from Deutsche Asset & Wealth Management where he had a twin role as Americas head of distribution and chief executive of DWS Investments, the US mutual fund arm of DeAWM....
...sale comes five months after Deutsche – the largest bank by assets in the eurozone – announced it would carry out a strategic review of its asset management division, excluding only some regional parts of DWS...
...Stefan Bauknecht at DWS Investment, the mutual fund company, said: “How can it be that Mercedes has for years posted lower margins than BMW and Audi, although in terms of revenues per vehicles [Mercedes]...
...bidder for a number of assets, including: DB Advisors, which accounts for €162bn in assets; alternative manager RREEF, with €46bn; Deutsche Insurance Asset Management, with €150bn; and the Americas arm of DWS...
...“The near collapse of Porsche is instructive in how weak corporate governance can cause problems,” says Henning Gebhardt, head of European equities at DWS, a German institutional investor....
...They also include the US unit of DWS, Deutsche’s mutual fund business. Deutsche is excluding DWS in Europe and Asia, saying the units were an important part of its retail business in those regions....
...presence in Hong Kong in February 2009, but by July of the same year Deutsche and Harvest signed an agreement under which Deutsche signed over management to the new entity, Harvest Global Investments, of DWS...
...Dubai – ‘Switzerland of the East’ in these days of Arab instability – abruptly announced its first ever bank failure on Monday (via Bloomberg): Dubai Bank PJSC, an Islamic lender owned by Dubai Holding LLC...
...Both sides remained confident of victory on Wednesday but Hermes has won public support from influential proxy voting organisations such as RiskMetrics and Glass Lewis, as well as shareholders including DWS...
...Christian Strenger, a board member at Germany’s largest fund manager, DWS, and a leading corporate governance expert, said: “It should get the politicians and supervisory authorities to think again about...
...Fabrice Bay has left DWS/Deutsche Asset Management to join GLG Partners as a portfolio manager. Richard Jeffrey is to join Cazenove Capital Management in a new role of chief economist and strategist....
...Mr Gebhardt at DWS says the VW purchase highlights a wider problem of companies with cash burning a hole in their pockets....
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