Industry Updates

DB X-Trackers gives State Street the flick

David Tuckwell

DB X-Trackers is vertically integrating a range of its fixed income funds, removing State Street as an investment manager and replacing it with Deutsche Asset Management. DBX has assured its shareholders and sub fund holders that they will not bear the cost of any of the changes. The effected ETFs are:

  • db x-trackers II iTraxx Crossover Short Daily UCITS ETF

  • db x-trackers II iTraxx Crossover UCITS ETF

  • db x-trackers II Short iBoxx € Sovereigns Eurozone Daily UCITS ETF

  • db x-trackers II iTraxx Europe UCITS ETF

  • db x-trackers II Fed Funds Effective Rate UCITS ETF

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