DWS reports record year as AUM edges closer to €1trn

'Best year ever'

DWS saw its assets under management edge ever closer to €1trn in 2021, following record growth in a year hailed as the fund manager's "best ever".

DWS reported strong profits, cost-income ratio, flows and assets under management, which all surpassed the firm's previous records through the 12 months despite the pandemic. Net inflows for the financial year totalled a record €47.7bn, with ESG flows accounting for €6bn in Q4 alone. These record flows helped drive assets under management up €135bn to €928bn in 2021. DWS rejects greenwashing allegations after SEC and BaFin launch probes Meanwhile, adjusted profit before tax increased by 43% to an all-time-high of €1.1m, while the adjusted cost-income ratio decreased to a record ...