Deutsche consolidates retail structured products

Deutsche Bank has consolidated its retail structured products business into Global Markets Investment Products (GMIP), which has been designed to bring together product aligned-platforms already available to both retail and institutional investors. GMIP will be responsible for wrapping, branding, marketing and distributing products for retail clients, irrespective of their underlying product content or wrapper. GMIP will offer both branded and white-labeled products to third-party distributors, to other Deutsche divisions, and directly to retail.

The product range will include certificates, warrants, bonds, notes that are distributed in the market via the highly successful X-markets brand, and Ucits III funds (DB Platinum and Concept funds) as well as Exchange Traded Funds (ETFs) launched at the beginning of 2007 under the brand db x-trackers.

GMIP will continue to develop the X-markets business which has a market share in Germany of 25%. X-markets includes Deutsche’s structured funds business including the DB Platinum and Concept funds