Deutsche Bank Asset Management Modernization and Investment

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Deutsche Bank Asset Management has undergone significant modernization efforts to improve its investment capabilities.

The bank's asset management arm has been actively investing in digital technologies to enhance its investment processes.

Deutsche Bank Asset Management has a global presence with offices in over 15 countries worldwide.

The bank's investment products cater to a wide range of clients, including institutional investors and individual investors.

Deutsche Bank Asset Management has a strong reputation for delivering high-quality investment solutions.

Modernization and Cost Reduction

The migration of the mainframe system offered Deutsche Bank Asset Management a chance to upgrade its mission-critical applications to a cutting-edge architecture.

This involved moving two mainframes and six subsidiaries to a modern environment on a fully virtualized server platform. Entire-X became COM.

The bank's old mainframe z/VSE environment was re-hosted to a Windows Server environment, and the JCL was replaced by PowerShell.

Solutions

Our experts offer bespoke solutions that enable asset management clients to avoid costly infrastructure build or enhancement.

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Deutsche Bank's scale and ongoing investment in talent and best-in-class technology are key benefits for clients.

We've built a unique integrated platform that allows us to deliver sophisticated solutions across all investment fund types.

With teams of experts in fund services, custody and clearing, and cash management in major asset management centres and key alternative fund domiciles, clients can tap into our global footprint.

This setup gives us the flexibility to provide effective solutions tailored to each client's needs.

Modernization and Cost Reduction

The bank was able to migrate its mission-critical applications to a state-of-the-art architecture by moving its mainframe system.

Two mainframes and six subsidiaries were in scope for the migration. This allowed the bank to modernize its infrastructure and reduce costs.

The mainframe z/VSE environment was re-hosted to a Windows Server environment, which is a significant upgrade. This change enabled the bank to take advantage of more efficient and scalable technology.

Credit: youtube.com, Technology Modernization: protecting your business, reducing costs and remaining compliant

The JCL was replaced by PowerShell, and the Natural programs were converted to C#. This transition allowed the bank to leverage more modern programming languages and tools.

Five terabytes of data were migrated from Adabas to SQL Server using Treehouse Software’s tools. This helped the bank to improve its data management and storage capabilities.

Ratings and Investments

Deutsche Bank Asset Management has a strong track record of delivering returns to its investors. The company has a significant presence in the global asset management market.

With over 20 years of experience in managing assets, Deutsche Bank Asset Management has consistently demonstrated its ability to navigate market fluctuations and achieve its investment objectives. According to the company's own data, its funds have consistently outperformed their benchmarks.

The company's investment strategies are designed to meet the unique needs of its clients, whether they are individual investors or institutional clients. Deutsche Bank Asset Management has a range of investment products available, including equity, fixed income, and alternative investments.

On a similar theme: Pimco Investment Management

Parent Rating

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Deutsche Bank earns an Above Average Parent Pillar rating thanks to its ability to stand out in an increasingly competitive industry.

Portfolio manager turnover at Deutsche Bank has been higher than at its peer asset management firms, which may indicate a bit of instability in the company culture.

The firm's lineup has demonstrated industry-average durability, with a 10-year success ratio of 55%. This means that 55% of its strategies have beaten their respective category median.

Deutsche Bank charges fees on its open-end and exchange-traded funds that are on par with category peers, placing them in the middle quintile on average.

This middle quintile ranking gives Deutsche Bank neither an advantage nor a disadvantage compared to the competition.

Deutsche Bank Investments

Deutsche Bank offers a range of investment products and services to its clients.

One of the bank's key investment products is its private banking service, which provides tailored investment solutions for high net worth individuals.

Credit: youtube.com, Fitch Downgrades Deutsche Bank in Latest Blow for German Lender

Deutsche Bank has a significant presence in the global investment market, with a network of offices in key financial centers around the world.

The bank's investment team is led by experienced professionals who have a deep understanding of the global markets.

Deutsche Bank's investment products include a variety of bonds, equities, and other securities that can be used to diversify a client's investment portfolio.

Investors can choose from a range of bond options, including government and corporate bonds, which offer varying levels of risk and return.

Deutsche Bank's investment services also include portfolio management and advisory services, which can help clients make informed investment decisions.

The bank's investment team uses advanced research and analysis tools to identify investment opportunities and manage risk.

Deutsche Bank's commitment to innovation and technology has enabled it to stay ahead of the curve in the rapidly changing investment landscape.

Deutsche Bank's investment products and services are designed to meet the diverse needs of its clients.

The bank's investment team works closely with clients to understand their investment goals and objectives.

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Deutsche Bank's investment products and services are subject to the bank's risk management policies and procedures.

Deutsche Bank's investment team is responsible for managing the bank's own investment portfolio, as well as that of its clients.

Investors can choose from a range of equities, including stocks, shares, and other securities that can be used to diversify a client's investment portfolio.

Deutsche Bank's investment team has a deep understanding of the global markets and can provide clients with expert advice and guidance.

Deutsche Bank's commitment to excellence and customer service has earned it a reputation as a leading investment bank.

If this caught your attention, see: Managed Team

Definitions and Details

Deutsche Bank Asset Management offers a range of investment solutions for individual and institutional clients.

Their investment approach is based on a long-term perspective, with a focus on generating sustainable returns for clients.

Deutsche Bank Asset Management has a global presence, with operations in over 30 countries worldwide.

Their investment expertise spans a wide range of asset classes, including equities, fixed income, and alternative investments.

With a strong research-driven approach, they aim to deliver informed investment decisions to their clients.

Their experienced team of investment professionals works closely with clients to understand their unique needs and goals.

History

Smiling businessman in office analyzing financial graphs on a large screen, demonstrating professional success.
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DWS was founded in Hamburg in 1956 as "Deutsche Gesellschaft für Wertpapiersparen mbH" (German Enterprise for Securities Savings), later shortened to DWS, "Die Wertpapier Spezialisten" (The Fund Specialists).

The company initially focused on products and investment services for investors in Germany and Europe, expanding its reach to the USA, Asia, and other regions over time.

DWS was initially owned by Deutsche Bank, which held 30% of the company, while the remaining shares were held by other financial institutions.

By 2004, Deutsche Bank had acquired full ownership of DWS, making it a wholly-owned subsidiary.

In 2009, DWS took control of Rosenberg Real Estate Equity Funds (RREEF), which was also owned by Deutsche Bank.

In 2012, Deutsche Bank established its Asset & Wealth Management (AWM) division, fully integrating DWS into it.

The DWS brand name was retained for the German retail business, but in 2015, AWM was split into Deutsche Asset Management and Deutsche Bank Wealth Management.

Deutsche Orientbank in Istanbul in Turkey
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In 2017, Deutsche Asset Management was rebranded to DWS, with Deutsche Bank planning to list a minority stake of it publicly.

DWS was spun off as a separate company through an initial public offering on the Frankfurt Stock Exchange in 2018.

As of 2018, Deutsche Bank still held the majority of DWS shares, with a stake of 79.49%.

In October 2018, Asoka Wöhrmann replaced former CEO Nicolas Moreau.

Asoka Wöhrmann resigned as CEO in 2022, following the police raid on DWS' offices in Frankfurt.

Curious to learn more? Check out: Ceo Flagstar Bank

Quick Definitions: Morningstar Terms

Morningstar has its own way of rating and categorizing investments, which can be a bit confusing at first. Let's break down what it means.

A Morningstar Category is a way to group investments based on similar risk, return, and behavior profiles. This helps you compare apples to apples.

The Morningstar Medalist Rating for funds is a five-tier system used to assess a fund's ability to outperform its Morningstar Category index after fees. This means you can see how well a fund is doing compared to others in its category.

On a similar theme: What Is a Managed Fund

Credit: youtube.com, The Morningstar Dictionary: Beta

The Morningstar Rating for Funds, also known as the Star Rating, measures a fund's past performance compared to similar funds on a risk-adjusted basis. This rating is often used to compare funds and see which ones are doing well.

To give you a better idea, here are the five tiers of the Morningstar Medalist Rating:

Percentile rank shows how an investment's return, risk, or other metric compares with other investments in its Morningstar Category. This can be a useful tool to see how your investments are doing compared to others in their category.

Partnerships and Acquisitions

Deutsche Bank Asset Management has a strong track record of partnerships and acquisitions.

The bank has partnered with several leading investment managers to expand its global reach.

One notable partnership is with DBS Vickers, a Singapore-based investment bank, to offer asset management services in Asia.

This partnership has allowed Deutsche Bank Asset Management to tap into the growing Asian market.

Credit: youtube.com, Deutsche Bank's DWS Is Said to Explore Growth Partners

Deutsche Bank has also acquired a majority stake in RREEF Infrastructure, a global infrastructure investment manager.

This acquisition has strengthened Deutsche Bank's infrastructure investment capabilities.

The bank has also partnered with other leading companies to offer a range of investment products and services.

These partnerships have helped Deutsche Bank Asset Management to expand its product offerings and reach a wider range of clients.

Deutsche Bank Asset Management has a strong focus on building long-term relationships with its partners and clients.

This approach has helped the bank to establish itself as a trusted and reliable asset management partner.

Frequently Asked Questions

Is DWS still part of Deutsche Bank?

No, DWS is a separate company, but it remains largely owned by Deutsche Bank with a significant majority stake. Despite the spin-off, DWS shares are still heavily influenced by its parent company.

Who is the largest German asset manager?

As of 2022, Allianz Group is the largest asset manager in Germany, managing over $2.29 trillion in assets. This is significantly more than the next largest German asset manager, Deutsche Bank, which manages around $876 billion.

Is DWS a reputable company?

Yes, DWS is a trusted source for integrated investment solutions, recognized globally for its stability and innovation. Clients worldwide rely on DWS for comprehensive investment expertise.

Aaron Osinski

Writer

Aaron Osinski is a versatile writer with a passion for crafting engaging content across various topics. With a keen eye for detail and a knack for storytelling, he has established himself as a reliable voice in the online publishing world. Aaron's areas of expertise include financial journalism, with a focus on personal finance and consumer advocacy.

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