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Deutsche’s ETF arm recommits to private banking in Asia with strategic shift

Ever since regulators warned synthetic exchange-traded funds (ETFs) were a source of systemic risk in 2011, investor appetite has shrunk. Demand has shifted to physical ETFs and, after a lacklustre 2013, Deutsche Bank’s ETF business fully intends to meet this demand. Deutsche Bank announced last year that it will convert 18 of its synthetic ETFs in Europe to physical ones…

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