What's New In Investments, Funds? - Deutsche Bank

Editorial Staff

17 May 2019

Deutsche Bank
Deutsche Bank Wealth Management, part of , has launched dbXpert, a wealth advisory offering that the firm says “bridges the gap” between transactional advisory and wealth discretionary mandates.

The offering blends an asset allocation framework from the wealth manager’s chief investment office with ideas from the dbXpert Top Picks Selection Council of senior product specialists.

“Ever-changing demands from our clients require a swift response,” Lok Yim, head of Deutsche Bank Wealth Management, emerging markets, said.

“In Asia, discretionary portfolio management has traditionally been less popular than transactional advisory as clients like to retain control over their portfolios. With dbXpert, we allow clients to directly and independently manage their portfolios while still leveraging our best thinking and systematic portfolio health checks approach,” Lok Yim said.

dbXpert is designed to construct a multi-asset portfolio with an emphasis on diversification. Features include monthly portfolio health checks assessment; on-demand portfolio reviews up to four times a year, flat fee pricing model and a minimum €2 million ($2.24 million) of portfolio assets under management.