Group will unveil UK & European funds on 7 October, with further launches planned next year
Deutsche Asset Management, soon to be rebranded DWS, is to launch UK and European aggressive funds on 7 October. DWS UK Opportunities, which will focus largely on the FTSE 350, is to be managed by Phil Doel, while DWS European Opportunities will be managed by Julian Barrell, who has run European equity mandates at the group for five years. The funds will each consist of around 25 equally weighted best ideas leveraging Deutsche's global investment process. Positions will be rebalanced once stock weightings change by plus or minus 1%. The funds will initially have just a single share cl...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
