db x-trackers is the fastest growing ETF provider in Europe

db x-trackers, Deutsche Bank's Exchange Traded Funds (ETFs) index tracking solution platform and currently the fastest growing ETF provider in Europe, has passed EUR 20 billion in assets under management. db x-trackers was launched in January 2007 and now is one of the three leading ETF providers in Europe with a market share of 19% of AUM. Besides this it is Number two in exchange ETF turnover with a market share of 31% and number one in OTC ETF trading with a market share of 50% in Europe. db x-trackers offers more than 100 ETFs across asset classes - equities, fixed income, commodities, currencies and a hedge fund index. db x-trackers offer investors the largest range of ETFs on short indices – 15 products covering equity, bonds and credit indices. db x-trackers ETFs now have over 280 listings across Europe (Germany, France, Italy, Switzerland and UK) and Asia (Singapore). Thorsten Michalik, head of db x-trackers, says: "The relatively low cost, high liquidity and superior index tracking performance of db x-trackers' ETFs have been the key advantages of our products. Our commitment to this business has helped us achieve this new milestone within an incredibly short space of time. We have delivered on client expectations through product innovations and on numerous occasions have been first to market with products such as the money market, short, credit and hedge fund index ETFs.”