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DWS Group GmbH & Co KgaA (DWSG.DE)

DWSG.DE on Xetra

29.40EUR
5:17pm IST
Change (% chg)

€0.10 (+0.34%)
Prev Close
€29.30
Open
€29.46
Day's High
€29.86
Day's Low
€29.28
Volume
47,091
Avg. Vol
87,399
52-wk High
€34.18
52-wk Low
€22.32

Latest Key Developments (Source: Significant Developments)

DWS Group Q1 Net Income At EUR 102 Mln
Friday, 26 Apr 2019 

April 26 (Reuters) - DWS Group GmbH & Co KgaA ::TOTAL REVENUES DECREASED TO EUR 534 MILLION IN Q1 OF 2019 (Q4 2018: EUR 549 MILLION).Q1 ADJUSTED PROFIT BEFORE TAX THEREFORE DECREASED TO EUR 153 MILLION, (Q4 2018: EUR 160 MILLION).Q1 NET INCOME OF EUR 102 MILLION FOR Q1 (Q4 2018: EUR 80 MILLION).ASSETS UNDER MANAGEMENT (AUM) INCREASED TO EUR 704 BILLION IN Q1 OF 2019 (Q4 2018: EUR 662 BILLION.TARGETING AN ADJUSTED COST-INCOME RATIO FOR FULL YEAR 2019 OF APPROXIMATELY 70 PERCENT, ASSUMING FLAT REVENUES COMPARED TO 2018.APART FROM THAT, OUTLOOK FOR 2019 REMAINS UNCHANGED FROM ONE PUBLISHED IN OUR 2018 ANNUAL REPORT.  Full Article

DWS Group Q2 Adjusted Profit Before Tax At EUR 149 Mln
Wednesday, 25 Jul 2018 

July 25 (Reuters) - DWS GROUP GMBH & CO KGAA ::Q2 2018 DELIVERED STABLE PERFORMANCE IN PROFIT, MARGIN, CIR AND AUM - DESPITE CHALLENGING FLOW ENVIRONMENT.TOTAL ADJUSTED REVENUES IN Q2 2018 WERE EUR 576 MILLION, 3 PERCENT HIGHER THAN IN Q1 2018.Q2 ADJUSTED PROFIT BEFORE TAX WAS EUR 149 MILLION, UP 7 PERCENT QUARTER-ON-QUARTER (EUR 140 MILLION).AUM INCREASED BY A TOTAL OF EUR 22 BILLION VERSUS LAST QUARTER, ADDING UP TO EUR 687 BILLION IN Q2 2018.CONTINUES TO EXPECT REVENUES TO BE LOWER FOR FY 2018 THAN FY 2017.OUTLOOK 2018: MANAGEMENT FEES ARE EXPECTED TO BE SLIGHTLY LOWER COMPARED TO 2017.Q2 NET FLOWS OF EUR (4.9)BN; MANAGEMENT FEE MARGIN AT 30.7BPS, IN LINE WITH MEDIUM-TERM TARGET.BELIEVES ABILITY FOR DWS GROUP TO COMPENSATE FOR OUTFLOWS OF FIRST HALF OF 2018 WILL NOT BE POSSIBLE.THEREFORE UNLIKELY IT ACHIEVES ANNUAL NET FLOW TARGET FOR THIS YEAR.REMAINS COMMITTED TO 3 TO 5 PERCENT NET FLOW TARGET IN MEDIUM-TERM.  Full Article

DWS To Transfer Fund Administration To BNP Paribas Securities Services
Thursday, 28 Jun 2018 

June 28 (Reuters) - DWS Group ::SAYS TRANSFERS FUND ADMINISTRATION UNIT TO BNP PARIBAS SECURITIES SERVICES.SAYS TRANSFER OF FUND ADMINISTRATION TO BNP PARIBAS SECURITIES SERVICES TO BE COMPLETED END OF THIS YEAR.SAYS DEPOSITARY, CUSTODY SERVICES FOR RETAIL FUNDS TO FOLLOW IN 2019.  Full Article

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UBS reviews options for asset management business: Bloomberg

ZURICH Swiss bank UBS Group is evaluating options for its asset management unit, including a partial sale or merger of the business, Bloomberg reported on Wednesday, citing unidentified people with knowledge of the matter.