Asset Management

DWS trumps BlackRock for August ETF flows

Despite DWS coming top last month, BlackRock's ETF arm remains ahead of its rivals this year in an unpredictable race

'We have punched below our weight over the past 15 years' DWS says as its battle for the lucrative ETF market continues
'We have punched below our weight over the past 15 years' DWS says as its battle for the lucrative ETF market continues Photo: Alex Kraus/Getty Images

DWS's European ETFs pulled in more than $2bn of new money in August, comfortably beating BlackRock's iShares division, the region’s largest ETF firm which frequently tops sales charts.

According to data from ETFGI, DWS’s Xtrackers unit posted $2.5bn of net inflows last month.

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