Deutsche Bank’s DWS Hits New Asset Milestone

Deutsche Bank's DWS has reached a new milestone as assets climb to a record high of €941 billion. Learn more about the impressive growth and success of DWS at Deutsche Bank.

DWS, the investment arm of Deutsche Bank, has reported a surge in assets under management, reaching a record high of €941 billion in the first quarter of the year. This growth was driven by inflows from investors who increased their allocations in passive products, contributing to a €45 billion increase from the same period last year.

Despite the challenges faced by the broader asset management industry, DWS has managed to attract investors and deliver strong performance. The company's shares have rallied nearly 18% this year, reflecting investor confidence in its strategy and offerings.

In a move to enhance shareholder value, DWS announced plans to return €800 million to shareholders after failing to find a suitable acquisition target. The company's focus on passive funds has paid off, with strong inflows offsetting outflows from its alternatives business.

However, DWS continues to face challenges in its alternatives business, with clients withdrawing €2.2 billion in the first quarter, primarily from liquid real assets and real estate funds. To address this, the company has been expanding its alternatives business, including the launch of a Capital Solutions unit to capitalize on distressed opportunities in the market.

Overall, DWS's strong performance in the first quarter underscores its resilience and ability to attract capital in a challenging environment. With a focus on passive products and strategic initiatives in the alternatives space, the company is well-positioned for future growth.