Image:
DWS benefitted from high management fees
DWS reported record high profits in Q3 thanks to its high management fees which allowed the fund manager to achieve strong overall net inflows.
Adjusted profit before tax increased by 10% to an "all-time high" of €271m in the third quarter. Year-to-date, the figure stands at €766m, up 31% year-on-year. Net inflows reached €12bn in the three...
To continue reading this article...
Join Investment week
- 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
