Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Deutsche marks decade of DB-x with passive price cuts

Deutsche marks decade of DB-x with passive price cuts

Deutsche Bank has marked its 10th anniversary as an ETF provider by launching a salvo into the ongoing passive pricing war, cutting the fees on some of its largest products by up to a third.

The total expense ratio of the company’s db X-trackers S&P 500 ETF will fall from 0.2% to 0.15%, while the all-in cost of its MSCI Europe Index Ucits fund will fall from 0.5% to 0.4%.

The cost of a series of its less liquid, more specialist products such its MSCI World Utilities, World Energy and World Telecom funds will fall from 0.45% to 0.3%. The full list of 28 funds can be found here.

Head of Deutsche’s passive asset management business in Europe & the Middle East Manooj Mistry said:  ‘Our aim is to provide highly efficient, quality index trackers for our clients, and also position Deutsche AM for a further 10 years as a leading ETF provider.’    

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Video special: what Scottish DFMs think of SNP election flop

Video special: what Scottish DFMs think of SNP election flop

As delegates gathered for Citywire Scotland, we asked them their take on the election.

Play Keith Skeoch: 'passive has a part to play'

Keith Skeoch: 'passive has a part to play'

In the third part our series, Skeoch outlines his vision for Standard Aberdeen.

2 Comments Play Keith Skeoch: why I believe markets will make 'substantial returns'

Keith Skeoch: why I believe markets will make 'substantial returns'

In an exclusive interview, Standard Life CEO Keith Skeoch tells us why he takes an optimistic view on markets just about everywhere.

Read More
Your Business: Cover Star Club

Profile: Rathbones' fund boss on spotting emerging talent

1 Comment Profile: Rathbones' fund boss on spotting emerging talent

A great fund manager is really easy to spot, says Mike Webb, chief executive of Rathbones Unit Trust Management

Wealth Manager on Twitter