Group will unveil UK & European funds on 7 October, with further launches planned next year
Deutsche Asset Management, soon to be rebranded DWS, is to launch UK and European aggressive funds on 7 October. DWS UK Opportunities, which will focus largely on the FTSE 350, is to be managed by Phil Doel, while DWS European Opportunities will be managed by Julian Barrell, who has run European equity mandates at the group for five years. The funds will each consist of around 25 equally weighted best ideas leveraging Deutsche's global investment process. Positions will be rebalanced once stock weightings change by plus or minus 1%. The funds will initially have just a single share cl...
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