DWS Reveals Strategic Growth Plan to Drive Global Expansion

Deutsche Bank’s asset management arm DWS Group has revealed its strategy to maintain the firm’s position in Germany, while also addressing upside potential globally according to a story in The Trade news. Europe-specific initiatives include additional partnerships, deploying Xtrackers (Passive), its exchange traded funds (ETFs) and exchange traded commodities (ETCs) provider, and leveraging its alternatives capabilities to participate in transformation in the Bloc. The firm plans to grow Xtrackers and its alternatives business in the Americas and confirmed it will focus on strategic partnerships in the Asia-Pacific region. DWS stated that incremental investments into growth areas of approximately €70 million over the next three years will be self-funded by re-allocation of resources.