Deutsche AWM reinforces position as Europe’s second largest provider of physical ETFs

Deutsche Asset & Wealth Management has reinforced its position as Europe’s second largest provider of direct, physical replication exchange-traded funds as it rounds off 2014 registering significant inflows for the year…….

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Simon Klein, Head of Exchange Traded Product and Institutional Mandates Sales, EMEA and Asia

There are now over 60 direct replication ETFs forming part of Deutsche AWM’s ETF product line up, representing €17.9 billion in assets under management. As at December 1, 2014, €4.5 billion of net inflows had come into Deutsche AWM’s physical ETFs (Source: Deutsche AWM). Total assets under management in Deutsche AWM’s UCITS ETFs sit at over €45 billion.

Deutsche AWM announced in December 2013 that it would embark on a major project of switching a number of ETFs from indirect to direct replication. The first phase of this program involved switching 18 ETFs, while it was announced in June that a further 12 ETFs would be switched. At the same time Deutsche AWM launched a number of new physical replication ETFs.

Simon Klein, Head of Exchange Traded Product and Institutional Mandates Sales, EMEA and Asia, commented: “Our ambition to become one of Europe’s most established and successful providers of physical ETFs has been realized. Our momentum this year has been tremendous, and we see this continuing in 2015. Our efforts have clearly been given the thumbs up by investors.”

Another significant development has been the introduction of a range of Deutsche AWM Core-ETFs. This is a grouping of ETFs tracking major equity benchmarks with annual all-in fees ranging from 0.07%-0.19% per annum. Deutsche AWM was the first provider to introduce a range of core ETFs in Europe. Also this year, Deutsche AWM innovated to bring a number of new types of exposures to market in ETF form, including the first physical replication ETF on the CSI300 China A-shares index, the first ETF to provide exposure to the global investment-grade bond market, and a range of strategic beta, equity factor ETFs.  

Klein added: “We have more products on the way for 2015 as we continue to evolve our range to meet the changing needs of investors.”