How DeAM has sourced $5 billion from Asia this year
A new and improved Deutsche Asset Management believes its model has enabled it to raise more assets from the region than its competitors.
Ed Peter, Singapore-based head of Deutsche Asset Management in Asia Pacific and the Middle East, says the firm has sourced approximately Ç4 billion $5 billion from Asia Pacific in retail and institutional business year to date.
In his view, this proves the firm is on the right track after a radical restructuring that began last year.
ôI donÆt know of another fund manager that has raised as much assets in the region,ö he says. The firm now manages around Ç23...
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