Asset Management

Deutsche Launches More ETFs

Paul Adams Geneva 8 May 2007

Deutsche Launches More ETFs

Deutsche Bank plans to launch products on three iTraxx indices under its db x-trackers Exchange Traded Fund platform following recently being awarded an iTraxx ETF licence. The three indices will be: iTraxx Europe, iTraxx Europe HiVol and iTraxx Europe Crossover. The launch of these products will allow European clients to trade ETFs on CDS indices for the first time. It is expected the iTraxx ETFs will be popular with corporates, insurance companies and asset managers. Deutsche Bank launched its ETF platform, db x-trackers, this year and has issued eight equity ETFs with listings in Germany and Italy.

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