Deutsche Bank Expands Discretionary Portfolio Management Collaboration With DWS Group

MT Newswires Live

Feb 09

Deutsche Bank (DB) and European asset manager DWS Group said Monday they plan to expand their strategic collaboration in discretionary portfolio management.

Under the expanded collaboration, DWS' institutional investment and execution platform will support Deutsche Bank's portfolio implementation, the companies said. Deutsche Bank Private Bank will continue to be in charge of strategic asset allocation, portfolio design, and investment strategy, the partners added.

No financial details were disclosed.

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