DWS plans to boost active ETF business

July 9, 2024--Manager says it plans to capitalise on growing European demand for the products.
DWS is looking to expand its active exchange traded funds business in Europe to stay "ahead of the curve" as a number of asset managers enter the space seeking to capitalise on demand.

Dirk Goergen, global head of client coverage, said active ETFs had not been a big focus area for the company in Europe, but there was increasing demand from clients for such products that they wanted to take advantage of.