Deutsche Bank is listing 25 new db x-trackers ETFs on Deutsche Boerse Frankfurt, taking the total number of ETF products launched by the bank since January to 49. Deutsche Bank is the number one in Europe for fixed income ETFs with a total of 14 products, and the overall number three in Europe in terms of products issued.
The new launches broaden the asset classes and markets covered with ETFs on:
The db x-trackers ETF range now covers all asset classes - equities, bonds, money markets, credit and commodities and includes the first ETFs on equity short, credit and money market indices.
Garth Ritchie, European Head of Global Markets Equity at Deutsche Bank comments; “We have demonstrated our commitment to becoming a leading player in the European market through our market making, structuring and index trading capabilities which offer both retail and institutional investors a comprehensive range of innovative, efficiently-priced products.”
Fiona Basset, Co-Head of Structured Funds comments; " Investors now have a range of db x-trackers ETFs to use in a wide variety of strategies such as core-satellite or short term asset allocation to more efficiently manage their portfolios and deliver better performance".
In addition to the listing on Deutsche Boerse, some of the new db x-trackers ETFs will also be listed on other European stock exchanges in the months ahead to include UK, Switzerland, Italy and France.
The growth of the ETF market in Europe reflects the strong demand from private and institutional investors for passive investment instruments that are attractively priced and easily accessible. db x-trackers ETFs are already available to retail investors in Germany through monthly savings plans.
ETFs were first introduced in the USA in 1993 and in Europe in 2000. Currently, there are more than 900 ETFs listed globally with over EUR 490 billion assets under management. In Europe there are over 300 ETFs available with assets under management of approximately EUR 80 billion. By 2011 it is widely forecast that assets in ETFs globally will exceed EUR 1,500 billion.
For further information please go to http://www.dbxtrackers.com/
Stacey Coglan (44 20) 7545 4249
Press and Media Relations
Michelle Gathercole (44 20) 7545 4249
Press and Media Relations
About Deutsche Bank
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