ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday inaugurated …
Read More »DWS says clients withdrew $8bn in fourth quarter
Bloomberg DWS Group, the German asset manager taken public by Deutsche Bank AG in March, is wrestling with withdrawals, though its executives say the worst is behind them. Investors pulled 7 billion euros ($8 billion) in the fourth quarter of 2018, taking total redemptions last year to more than 22 billion euros. To make matters worse, the volatility that roiled …
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