German asset manager strengthens Nordic passive sales team

DWS has hired a former client advisor and portfolio manager to strengthen its ETF sales team for the Nordic region.

Photo: Claus Bonnerup

Germany's DWS, the asset management arm of Deutsche Bank, has hired Lina Turi as part of its Nordic sales team, focusing on passive investment, notably DWS's range of exchange-traded products is known as Xtrackers.

European providers of ETFs had a stellar Q1 with a record quarterly inflow of which more than half went into ESG ETFs. By the end of the first quarter, investors had 242 different ESG ETFs to choose from, corresponding to an increase of 572 percent compared to five years ago, according to figures from Morningstar.

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