db X-trackers – the exchange traded fund (ETF) brand of Deutsche Asset Management (Deutsche AM) – has been voted best-known ETF brand in Germany for second year in a row in a survey conducted by IPE Institutional Investment, the German arm of Investment & Pensions Europe (IPE).1 The survey, ‘Institutional Investors’ needs 2016’, was conducted among 140 institutional investors in Germany accounting assets under management of around 590 bn EUR. Meanwhile, on the question of the best ETF service provider, db X-trackers was placed first, as it also was in the last survey conducted in 2014.
Erik Rotander, Head of Nordics, Passive Investments, said: “It is very important for us to deliver consistently high service levels to our clients, and investors clearly trust us for our expertise. Branding and services are important differentiation factors among ETF providers”.
The survey also found that ETFs have a high priority among institutional investor with two thirds confirming they use ETFs for tactical and strategic asset allocation purposes.
It also found that investors tend to choose an ETF provider based on a suitable product suite under the condition that the price, transparency and liquidity are also competitive.
The risks of ETFs include the following:
The value of ETF units can fall at any time below the price that the investor paid for the fund units. Losses can result.
Swap-based ETFs carry a counterparty risk of max. 10% of the net book value from derivatives transactions according to restrictions set out in OGAW/UCITS.
The value of ETF units can be negatively influenced by legal, economic or political changes, market volatility and/or volatility in the assets of the sub-fund and/or the reference object.
Deutsche Asset Management
With EUR 739 billion of assets under management (as of March 31, 2016), Deutsche Asset Management¹ is one of the world’s leading investment management organizations.
Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes.
¹ Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.