DWS and Nippon Life extend strategic alliance

Written by Adam Cadle

16/03/2023

DWS and Nippon Life have extended their strategic alliance for another five years.

As part of the strategic alliance, both have agreed to continue to work on expanding distribution reach, product innovation and research. Initiatives include identifying funds which each company and its affiliates will seek to distribute in their respective distribution channels; introducing more DWS ETF options for Japanese investors; closer collaboration between both in the areas of insurance advisory and solutions for the latter’s subsidiaries, as well as third party clients; and integrating the best of each other’s research capability to supplement knowledge gaps.

Minoru Kimura, managing executive officer of Nippon Life, commented: “Nippon Life is proud to be a trusted partner of DWS. We believe the continuing strategic alliance will allow us to work on initiatives which over time will germinate and bear fruits. 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.”

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