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Deutsche Bank creates dedicated investment product platform


WEBWIRE

Deutsche Bank’s Global Markets division has consolidated its retail structured products businesses to create a unified cross asset platform for investment products.

The new platform, called Global Markets Investment Products (GMIP), will be at the centre of the bank’s unrivalled structured products expertise, and will bring together the highly successful product aligned-platforms already available to both retail and institutional investors.

GMIP will be responsible for wrapping, branding, marketing and distributing products for retail clients, irrespective of their underlying product content or wrapper. GMIP will offer both branded and white-labeled products to third-party distributors, to other Deutsche Bank divisions, and directly to retail investors.

The GMIP product range will include certificates, warrants, bonds, notes that are distributed in the market via the highly successful X-markets brand, and UCITS III funds (DB Platinum and Concept funds) as well as Exchange Traded Funds (ETFs) which were launched at the beginning of 2007 under the brand db x-trackers.

GMIP will continue to develop Deutsche Bank’s X-markets business which is a leading provider in warrants and certificates globally and which, with market share in Germany of 25% is the dominant player in one of the world’s most important retail derivative markets. X-markets grew significantly in 2007 with assets under management up 27% during the year. X-markets includes the bank’s structured funds business including the DB Platinum and Concept funds with assets under management of 13.6 bn and experienced growth of almost 90% in 2007. The funds platform includes 118 sub funds across asset classes.

In the year since its launch in January 2007 db x-trackers has grown to become the third largest ETF provider in Europe with assets under management of over EUR 7bn. In 2007, db x-trackers was responsible for the creation of the three ETFs with the largest AUM growth in Europe in 2007 - MSCI Emerging Markets, EONIA and DJ Euro Stoxx 50 ETFs.

Anshu Jain, Head of Global Markets at Deutsche Bank comments: “Deutsche Bank is known for its extensive range of innovative and cost efficient investment products across asset classes. By incorporating these products into a single unit we ensure that we will continue to outperform in terms of the providing attractive products to both retail and institutional clients.”

GMIP will be part of Deutsche Bank sales organization and will be headed by Kim Gayer reporting to Jim Turley - Global head of sales at Deutsche Bank.


For further information, please call:

Deutsche Bank

Michelle Gathercole
020 7545 4249
Press and media relations



About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 77,920 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.



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