DWS : Q2 2021e with ongoing positive earnings momentum
>We forecast € 166.0m in attributable net profit for Q2 2021e - DWS is due to report Q2 2021 results on 28 July 2021. We forecast € 166.0m in attributable net profit for the quarter, up by 36.5% y-o-y and down by 1.7% q-o-q.Revenues driven by higher assets under management - We forecast net revenues of € 617.6m for Q2 2021e, up by 12.1% driven by higher assets under management which should have increased from € 745bn as at end-Q2 2020 to € 825.9 bn as...DWS Group GmbH & Co KgaA is a Germany-based company that provides integrated investment solutions. The Company offers active, passive and alternative investments across a wide range of asset classes, including Hedge Funds, Sustainable Investments, Private Equity, Liquid Real Assets, Real Estate, Equities and Fixed Income. It invests primarily in the areas of environmental, social and governance. The Company's clients include corporations, central banks, insurers, pension funds, public institutions, financial institution, not-for-profit organizations, as well as private investors. The Company is active in around 22 countries in Europe. Deutsche Bank AG is a majority shareholder of the Company.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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