Deutsche ventures into structured product market
Chris Larsen
Deutsche Bank’s retail asset management business DWS Investments has launched its first structured product offering, DWS Rate Plus.
The new product aims to provide an investment return after fees above the RBA cash rate regardless of the market conditions, according to deputy head of asset management Australia Chris Larsen.
He said the launch of the fund was motivated by a growing demand among Australians for investments that provide regular income with a capital guarantee, and as a way of broadening their asset diversification.
“Given the recent turbulence and volatility in global financial markets, structured products, particularly those with capital protection, are increasingly attractive to the retail market.”
Providing exposure to a diverse range of interest and currency markets, the product is also targeted at the retiring baby boomer market, offering the “potential for higher yield along with a guarantee of capital”, he said.
Recommended for you
ASIC has released an update to its regulatory guidance on managing conflicts of interest for financial services businesses on the back of its primate markets surveillance.
The Australian Wealth Advisors Group has completed two strategic investments, doubling its number of authorised representatives and increasing its FUMA by more than $1 million.
A strong demand for core fixed income solutions has seen the Betashares Australian Composite Bond ETF surpass $1 billion in funds under management, driven by both advisers and investors.
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
