We're not trying to be BlackRock: DeAWM chief

Jul 9, 2014

Though he admits Deutsche Asset & Wealth Management is later to the passive-investing party than its US rival, Michele Faissola sees room for players in other niches and talks about the firm's Asia business.

We're not trying to be BlackRock: DeAWM chief

Deutsche Asset & Wealth Management's global head said this week that his firm is not seeking to mimic BlackRock’s strategy in the passive-investment sector, acknowledging its rival’s huge success in this area.

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