Deutsche Asset Management’s db X-trackers ETF business is preparing for a further decade of growth and innovation following the 10-year anniversary of the listing of its first ETFs……
Reinhard Bellet, Deutsche AM’s Head of Passive Asset Management.
The first db X-trackers ETF, the db x-trackers MSCI World Index UCITS ETF, which now has over Euros 2.5 billion in assets1, listed on the Deutsche Börse in January 2007 and marked the start of a 10-year period that saw the db X-trackers business become one of the world’s largest and most established ETF providers.
“Since the launch of our first ETF 10 years ago we’ve grown to become the biggest Europe-based globally operative provider of ETFs. That is a remarkable achievement in what is perhaps the most competitive area of the asset management industry,” said Reinhard Bellet, Deutsche AM’s Head of Passive Asset Management.
Today there is approximately EUR 54 billion invested in Deutsche AM’s ETFs listed across Europe and Asia, and around USD 13 billion in its ETFs listed in the US2. The fund range has expanded to over 200 ETFs covering all major asset classes.
Industry firsts achieved over the last decade include the listing of the first ETFs in Europe and the US to provide investors with access to China’s domestic A-shares equity market, and the first ETF providing exposure to the global investment-grade bond market. Meanwhile, the db X-trackers platform has been transformed, from its initial inception as a provider of synthetic ETFs to the point today where Deutsche AM is Europe’s second-largest provider of physical ETFs, with the majority of assets under management in physical replication form3.
Bellet continued, “We are rightly celebrating our achievements these past 10 years but we’re very much focused on the future. With a range of physical replication fixed income ETFs we’re well placed to meet investor demand in this important new segment. We will also continue to take a leading market development role in areas such as strategic beta, model portfolios, and demonstrating how passive solutions can meet a wide range of investment challenges.”
1 Source: Deutsche AM, as at Jan 5 2017
2 Source: Deutsche AM, as at Jan 5 2017
3 Source: Deutsche Bank Markets Research. European Monthly ETF Market Review, 6 Dec 2016