Deutsche Asset Management ends Q1 on profit

Deutsche Asset Management ends Q1 on profit
# 06 June 2018 11:54 (UTC +04:00)

Total adjusted revenues of Deutsche Asset Management in Q1 2018 were EUR 561m, adjusted profit before tax was EUR 136m.

Assets under Management (AuM) declined by 3 percent compared to Q4 2017 to EUR 676bn in Q1 2018, attributable to the net outflows, FX as well as market effects.

Deutsche Asset Management is a company managing a part of SOFAZ assets.

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THE OPERATION IS BEING PERFORMED