Asset Management

DWS targets passive, alternatives growth in €70m investment plan

DWS could sell business units in cost-cutting drive and channel savings into growth areas

Wednesday 7 December 2022 at 09:13

Asset manager says the plan will help 'tap into the company's full potential'
Asset manager says the plan will help 'tap into the company's full potential' Photo: Jeremy Moeller/Getty Images

DWS, the asset manager majority owned by Deutsche Bank, plans to grow its passive and alternatives businesses as part of a three year, €70m investment programme.

The Frankfurt-headquartered fund house unveiled the plan to "grow shareholder value and to tap into the company's full potential" on 7 December.