Deutsche Asset Mngt launches DWS Investments

Bangalore, May 4: Deutsche Asset Management (DeAM), the global asset management business of Deutsche Bank, today launched its retail brand DWS Investments in India, taking another step towards its official entry into the Asia Pacific region.

DWS India now joined DeAM's retail operations in Europe and the Americas as part of an unified mutual fund business, under the DWS name, DeAM Head (Asia Pacific and Middle East) Ed Peter told reporters here.

The new name reflected the DeAM's global strategy for its mutual fund business and offered Indian investors access to the expertise and thought leadership of over 600 investment professionals around the world, as well as a truly global investment platform, he said.

''India is only the second country for DWS to pursue its strategy for Asia, after Singapore,'' he added.

UNI