now loading...
Wealth Asia Connect Middle East Treasury & Capital Markets Europe ESG Forum TechTalk
Asset Management / Wealth Management
DWS, Nippon Life extend strategic alliance
Partners pledge closer collaboration on investments, distribution and product innovation
The Asset 16 Mar 2023

German asset manager DWS has extended its strategic alliance with Nippon Life for another five years to enhance distribution reach, product innovation and research acuity.

Under the alliance, the two companies will continue identifying funds to distribute in their respective distribution channels, including DWS’ exchange-traded fund options for Japanese investors.

The partners will also collaborate more closely in the areas of insurance advisory and solutions, and integrate the best of each other’s research capability to supplement knowledge gaps and cultivate research talent at both companies.

Stefan Hoops, chief executive officer of DWS, comments: “The last five years are a testament to the strengths and merits of this partnership. We are therefore proud to be able to extend this strategic alliance for another five years, increase our collaboration and aim to create even greater value for both companies.”

Nippon Life managing executive officer Minoru Kimura adds: “By complementing each other’s strengths and working on areas such as greater investments, distribution, knowledge transfer and outside-of-Japan collaboration, this agreement will position both companies well in order to expand its asset management business globally.”

In the last five years, the alliance saw increased investments made by Nippon Life into DWS product solutions, joint product distribution through the establishment of a mutual network, and new business collaboration with Nippon Life’s group affiliates, DWS says in a statement.

Conversation
Helena Fung
Helena Fung
head of sustainability investment, APAC
FTSE Russell
- JOINED THE EVENT -
Webinar
Sustainable investing - the new market standard
View Highlights
Conversation
Edmund Leong
Edmund Leong
managing director and head of group investment banking
UOB
- JOINED THE EVENT -
17th Asia Bond Markets Summit
Resilience in an age of uncertainty
View Highlights