DeAWM to standardise investment product names

Deutsche Asset & Wealth Management (DeAWM) has announced that it will standardise the names of its investment products under the ‘Deutsche’ label as of August 2014.

The DWS Invest and DWS Invest II mutual funds, which are distributed internationally, will be renamed Deutsche Invest I and Deutsche Invest II by the end of August 2014, subject to regulatory approval.

DWS products with a distribution focus in Germany are not affected by the name change.

In the United States, all DWS and DWS RREEF mutual funds, DWS variable insurance portfolios and DWS branded closed-end funds will be renamed ‘Deutsche’ on August 11, 2014.

At the same time, all db X-trackers exchange traded funds in the United States will be renamed ‘Deutsche X-trackers’.

Starting in Q4 2014 and going into 2015, other countries in the Europe, Middle East, Africa and Asia Pacific regions will be renaming regional products according to the uniform nomenclature.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

Read more from Mona Dohle

preloader
Close Window
View the Magazine





You need to fill all required fields!