Citywire Selector - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Deutsche AM slashes fees on host of ETFs

Deutsche AM slashes fees on host of ETFs

Deutsche Asset Management has cut fees on 28 ETF products in a bid to retain a prominent position within the fast-growing world of passive investments.

The German group has reduced the annual all-in fees on a number of high-profile products, including those tracking the MSCI Europe, MSCI Japan, MSCI Emerging Markets and Russell 2000 indices.

Deutsche AM announced the changes to the db X-trackers range to coincide with the 10-year anniversary of launching its ETF business in Europe.

The group currently runs 300 products through the db X-trackers range and runs around €70 billion in assets under management through these ETFs.

In March, Deutsche AM unveiled a range of ‘core’ fixed income ETFs, designed to complement its existing equity range. The company said the fees reductions would further aid clients in adopting cost effective passive funds.

Commenting on the changes, Manooj Mistry, head of passive asset management, EMEA, said: ‘Our aim is to provide highly efficient, quality index trackers for our clients, and also position Deutsche AM for a further 10 years as a leading ETF provider.’

This change in fees comes in the wake of Fidelity International announcing its first foray in ETFs at the start of April, while the likes of Franklin Templeton, Lyxor Asset Management and BlackRock have all increased their presence within passives since the start of 2017.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire Luxembourg Forum

    Citywire Luxembourg Forum

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2017

    Citywire Italy 2017

  • Citywire Berlin 2017

    Citywire Berlin 2017

  • Citywire Miami 2017

    Citywire Miami 2017

  • Citywire Professional Buyer

    Citywire Professional Buyer

  • Citywire Madrid 2017

    Citywire Madrid 2017

  • Citywire Switzerland Retreat 2017

    Citywire Switzerland Retreat 2017

  • Citywire Amsterdam 2017

    Citywire Amsterdam 2017

  • Citywire Frankfurt 2017

    Citywire Frankfurt 2017

  • Citywire Alternative Ucits Retreat 2017

    Citywire Alternative Ucits Retreat 2017

  • Citywire Paris 2017

    Citywire Paris 2017

  • Citywire Milan 2017

    Citywire Milan 2017

  • Citywire Deutschland 2017

    Citywire Deutschland 2017

  • Citywire DACH 2017

    Citywire DACH 2017

  • Citywire Italy 2016

    Citywire Italy 2016

  • Citywire Milan 2016

    Citywire Milan 2016

  • Citywire Alt Ucits 2016

    Citywire Alt Ucits 2016