DWS, Nippon Life in talks for Indian asset management JV

GlobalData

Thu, May 8, 2025, 12:17 PM 2 min read

Deutsche Bank's plus absorption division, DWS, is reportedly engaged successful discussions with Nippon Life, a Japanese security provider, to found a associated task (JV) focused connected plus absorption successful India.

Sources acquainted with the negotiations, who requested anonymity, indicated that the talks are successful the preliminary stages and whitethorn look delays owed to regulatory considerations, reported Reuters.

These discussions travel unsuccessful negotiations for a abstracted JV betwixt DWS and a Chinese entity.

Both DWS and Deutsche Bank declined to remark connected the ongoing discussions, portion Nippon Life did not corroborate the negotiations.

DWS and Nippon Life person an existing partnership, with Nippon Life holding a 5% involvement successful DWS, and the 2 companies collaborating connected organisation and different initiatives.

Nippon Life became DWS's second-largest capitalist aft acquiring its involvement during DWS's listing successful 2018, portion Deutsche Bank retained a controlling involvement of 79%.

The strategical confederation betwixt the 2 firms has included collaboration successful organisation and research.

Nippon Life presently manages a money absorption concern successful India with assets totalling Rs5.67tn (around $67.18bn) and works with DWS connected a European-listed India authorities enslaved exchange-traded fund.

Recent regulatory changes successful India person enabled the instauration of passive-only funds done spin-off entities. This improvement presents an accidental for DWS and Nippon Life to signifier a jointly owned institution specialising successful exchange-traded and passively managed funds.

Meanwhile, DWS is seeking to summation its involvement successful Chinese money manager Harvest, pursuing erstwhile discussions with Deutsche Bank and Postal Savings Bank of China regarding a associated task that did not proceed owed to disagreements implicit involvement increases.

Last month, German prosecutors fined DWS €25m ($27m) for misrepresenting its environmental, social, and governance (ESG) credentials.

"DWS, Nippon Life successful talks for Indian plus absorption JV" was primitively created and published by Private Banker International, a GlobalData owned brand.

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