Deutsche Asset and Wealth Management (DeAWM) is planning to expand its presence in the UK retail market by listing a range of funds on major platforms.
As part of the expansion, DeAWM will list its physical exchange traded fund range and its alternative index Croci funds on local platforms including Nucleus and Standard Life.
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The firm is seeking to list its funds on platforms in the next two months, subject to regulatory approval.
The db x-trackers ETF range will include a FTSE 100 tracker with a total cost of 0.09%, while the Croci range includes Japan, US, world and global dividends funds and is operated using a quantitative systematic screening process developed by Deutsche.
Jonathan Kent, a director in the global client group at DeAWM, said: "There will be one price across the platforms. We are not going to be directly competing in areas such as UK equity income."
Kent added that the firm is seeking to bring in more people as it expands its retail product range.
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By GlobalDataDeAWM said that has no plans to offer special discounts to particular platforms including Schroders, Investec, Threadneedle and Old Mutual Global Investors.
