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Inflows Boost DWS Assets to New Peak
29 Jul
Summary
- DWS Group experienced a significant increase in inflows.
- Assets under management reached a new record level.
- A strong stock market contributed to the growth.
DWS Group has announced a significant increase in inflows, leading to a record high in assets under management during the second quarter. This achievement was notably supported by a robust performance in the stock market.
The asset manager, a part of Deutsche Bank AG, recorded long-term net inflows totaling €11.6 billion ($13.2 billion) in the three months concluding in June. This surge in assets under management highlights a successful financial period for the firm.
The positive market environment provided a strong tailwind for DWS Group, enabling the company to secure its highest-ever level of assets under management. This performance underscores the firm's strategic position and the impact of favorable economic conditions.
