DWS Group, Deutsche Bank's asset management arm, experienced €1.8B in net inflows and a 64% adjusted cost-income ratio in Q4, despite shares falling.

Shares in Deutsche Bank's DWS Group fell despite reporting higher inflows and a net growth of €75 billion to €896 billion in 2023. The firm's CEO, Stefan Hoops, has led efforts to revive inflows and cut costs, with shares rallying over 35% since the end of October. Despite these achievements, the firm still faced a lower pretax profit for the fourth quarter, causing shares to fall.

February 01, 2024
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