Xtrackers passes EUR100bn in assets
DWS Xtrackers exchange-traded products (ETPs) have broken through the EUR100 billion mark in assets under management (AUM), as investors continue to be attracted to the Europe and Asia-listed UCITS exchange-traded funds (ETFs) and exchange-traded commodities (ETCs), and to the US-listed 40-Act ETFs.
As of the end of Q3, 2019, Xtrackers ETPs had EUR104.9 billion in assets globally (Source: DWS, as at 30 September, 2019). DWS Xtrackers is the second largest ETF manufacturer and promoter in Europe, and the first Europe headquartered ETF business to achieve EUR100 billion in assets under management (Source: DWS: 24 October, 2019).
“Since launching our first ETFs in 2007 we have been committed to offering quality tracking products to investors across the globe. That focus on the investor will always be our driver,” said Manooj Mistry, DWS’s Global Head of Index Investing.
Xtrackers ETFs are listed on eleven exchanges globally, with over 170 Xtrackers available covering a wide range of asset classes and investment exposures.
Simon Klein, Head of Passive Sales, Europe & Asia-Pacific, says: “DWS Xtrackers has met this important milestone at a time when we continue to evolve to meet the aspirations of our clients. Many large investors today, for example, have a focus on stewardship, which is now an integral part of our investment process.”