Deutsche Bank launches db-X ETF platform in the US

Hedge cut in the shape of the dollar sign
Dollar hedged ETFs will benefit US investors in international ETFs if dollar strengthens

Deutsche Bank has taken its db-X brand into the US market with the introduction of five currency-hedged exchange-traded funds (ETF), listed on the New York Stock Exchange. Deutsche already has a strong presence in the US exchange-traded products market through its collaboration with PowerShares, which has created both ETFs and exchange-traded notes. Martin Kremenstein, director at db-X at Deutsche Bank in New York, says the time was right to launch the db-X brand in the US. "Deutsche Bank is

To continue reading...