Deutsche Bank’s DWS sees more outflows in the second quarter

Deutsche Bank’s asset management unit saw outflows for a second consecutive quarter, marking an abrupt end to a period of growth that saw assets under management touch a record last year.

By Will Louch / BLOOMBERG

DWS Group’s clients pulled EUR 25bn in the second quarter,, according to a statement on Wednesday. That missed the EUR 403.3m consensus of inflows forecast by analysts polled by Bloomberg. Assets under management fell to EUR 833bn from EUR 902bn from the previous quarter.

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Deutsche Bank’s DWS sees more outflows in the second quarter

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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New Nordic high yield manager keeps attracting inflows

KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager