Deutsche Asset & Wealth Management (DeAWM) is planning to rename its investment products under the ‘Deutsche’ label, effective August 2014.
As part of the change, The DWS Invest and DWS Invest II mutual funds will be renamed Deutsche Invest I and Deutsche Invest II by the end of August 2014, subject to regulatory approval.
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However, DWS products in Germany will not affected by the rebranding.
Additionally, all DWS and DWS RREEF mutual funds, DWS variable insurance portfolios and DWS branded closed-end funds in the US will be renamed ‘Deutsche’ on 11 August 2014.
Meantime, all db X-trackers exchange traded funds in the US will be renamed ‘Deutsche X-trackers’.
Starting Q4 2014 and early 2015, Europe, Middle East, Africa and Asia Pacific regions will rename their regional products as per the uniform nomenclature.
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By GlobalData
