Deutsche Bank's DWS Seeks Role in Asset Management Consolidation

The video discusses the current pressures on the asset management industry, focusing on cost reduction and the challenges of making acquisitions. It highlights the strategies of Deutsche Bank and DWS, including consolidation efforts and growth ambitions to become a top global asset management firm. The video concludes with a discussion on future goals and potential strategies to achieve them.

What is the primary challenge faced by the asset management industry according to the video?

• Regulatory hurdles

• Lack of skilled workforce

• Pressure to reduce costs and increase returns

• Increasing competition from new entrants

What strategy has Deutsche Bank's CEO decided to implement at DWS?

• Enforcing cost-cutting measures

• Expanding into new markets

• Hiring more staff

• Increasing marketing efforts

What role does the CEO of DWS want to play in the asset management industry?

• A leader in technological innovation

• A passive observer

• An active role in industry consolidation

• A focus on customer service

How can consolidation benefit an asset management firm?

• By reducing the number of clients

• By improving business ratios

• By complicating management structures

• By increasing regulatory requirements

What is DWS's goal in terms of its global ranking?

• To focus solely on local markets

• To reduce its asset base

• To be among the top ten global asset management firms

• To become the largest asset management firm