Deutsche Asset & Wealth Management has announced he launch of the Deutsche European Equity Fund in the U.S. The Fund is an open-end mutual fund that seeks long-term capital appreciation by investing in companies headquartered in Europe across a range of countries, sectors and capitalizations.
“Deutsche Asset & Wealth Management is uniquely positioned to help investors capitalize on opportunities stemming from ongoing structural adjustments in the Eurozone,” said Jerry Miller, Head of Deutsche Asset & Wealth Management in the Americas. “With the launch of the Deutsche European Equity Fund, we are offering our global perspective and expansive regional expertise to US investors seeking European equity exposure.”
The Fund utilizes an active bottom-up investment approach which focuses on European companies with above-average earnings potential. The Fund management team is well resourced, comprised of over 30 dedicated portfolio managers with an average of 13 years of investment experience in all major European market segments. The portfolio management team is led by Britta Weidenbach, Gerd Kirsten, Mark Schumann and Christian Reuter.
“We are excited to bring to the US market a unique product that leverages our fundamental research and unparalleled investment experience in the European equity space,” said Britta Weidenbach, Head of Large Cap Equities for Deutsche Asset & Wealth Management.
“This addition to our mutual fund suite is yet another way Deutsche AWM is providing investors with significant investment opportunities in companies with strong balance sheets, durable business models and prudent management.”