DeAWM moves to become one of Europe’s largest providers of physical ETFs
Press Release 9 December 2013, London Deutsche Asset & Wealth Management (DeAWM) is set to become one of Europe’s largest providers of physical ETFs following a significant expansion of its direct replication platform. A total of 18 db X-trackers equity ETFs will switch replication method from indirect to direct replication. This is expected to take total assets under management in direct replication db X-trackers ETFs to approximately 9.5 billion Euros, making DeAWM the second largest provider of physical ETFs in Europe*. The move follows last year’s successful expansion of the db X-