DWS posts €2.5bn outflows in Q1'20

On the 04.29.20 at 7:59AM


Adrien Paredes-Vanheule

Deutsche Bank's asset management subsidiary is still seeking to achieve €150m of additional gross cost savings by 2021.

German company DWS, the asset management arm of Deutsche Bank, has faced a €67.4bn loss in assets under management during the first quarter of 2020, from €767bn as of end December 2019 to €700bn as at end March 2020.

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