Deutsche Bank fund subsidiary DWS is recording inflows from investors despite increased interest rates

Deutsche Bank fund subsidiary DWS is recording inflows from investors despite increased interest rates

According to a report by finanzen.net, Deutsche Bank fund subsidiary DWS collected additional money from investors in the summer. Although revenues in the third quarter were lower than last year, profits remained stable. Corporate costs are to be further reduced, with the ratio increasing slightly in the third quarter. It was also announced that DWS's IT conversion will be more expensive than originally planned and that savings will come later than hoped.

The impact of this information could impact both the market, the consumer and the industry. A stable profit despite lower income could reassure investors and increase confidence in the company. The planned reduction in corporate costs could lead to DWS becoming more competitive and potentially achieving higher profits. However, the rising IT transition costs and delayed savings could have a long-term negative impact on profits.

In addition, the DWS share could lose further value as a result of the news, as already happened after the publication of the quarterly figures. This could result in losses for investors who have invested in the stock.

Overall, it shows that DWS is able to hold its own in the market despite some challenges and continues to collect funds from investors. However, the effects of the IT change and the planned cost reduction remain to be seen. It will be exciting to see how DWS will develop in the coming quarters.

Source: According to a report by www.finanzen.net