February 5, 2007

Deutsche Bank and Mercer Investment Consulting launch Mercer Currency Manager Index

Deutsche Bank and Mercer Investment Consulting today announced the launch of the Mercer Currency Manager Index, a new global multi-manager investment option available through Deutsche Bank’s FXSelect Platform.

The Mercer Currency Manager Index tracks the performance of a group of currency managers chosen by Mercer from Deutsche Bank’s FXSelect Platform. Mercer evaluates managers based on their idea generation, portfolio construction, implementation and business management.

FXSelect provides a cost-effective, transparent and liquid solution to the challenges of investing in multiple currency managers, using Deutsche Banks’ world-class infrastructure coupled with state-of-the-art risk management and reporting. Investors currently have access to over 70 currency managers through the Platform, all of which are available for immediate investment.
Torquil Wheatley, Director at Deutsche Bank, said: “The benefits of using multiple managers when constructing a currency manager investment portfolio are well known, but the challenges lie in manager selection and the costs of implementation. The Mercer Currency Manager Index provides investors with a cost-effective means for creating a discretionary selection of currency managers which can then be accessed via the FXSelect investment platform.”

Danny Quant, principal at Mercer Investment Consulting, said: “Demand for currency investment products and currency manager research is growing rapidly. The Mercer Currency Manager Index will be an attractive option for investors looking to capitalise on the return opportunities that currency markets offer.”

For further information, please call:

Deutsche Bank

Sarah Yates      (44 20) 7547 2603
Press & Media Relations

Mercer Investment Consulting

Jackie Barber    (44 20) 7178 3143
Press Office

Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,128 billion in assets and 68,849 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.


Mercer Investment Consulting

Mercer Investment Consulting is a leading global provider of investment consulting services, and offers customised guidance at every stage of the investment decision, risk management and investment monitoring process. We have been dedicated to meeting the needs of clients for more than 30 years, and work with the fiduciaries of pension funds, foundations, endowments, and other investors in some 40 countries.

Mercer Investment Consulting is a unit of Mercer Human Resource Consulting, an operating company of Marsh & McLennan Companies, Inc. (MMC). MMC lists its stock (ticker symbol: MMC) on the New York, Chicago, Pacific, and London stock exchanges.