DWS Group Reports Record AUM and Strong Q2 Performance
DWS Group GmbH & Co. KGaA reported record assets under management (AUM) of €1.19 trillion in Q2 2026, driven by nearly €100 billion in new inflows during the quarter. Total net flows accelerated to €24.8 billion, with strong contributions from private wealth and institutional clients across key regions including Germany, the Americas, and APAC. The firm's Xtrackers ETFs attracted significant demand, generating €11.7 billion in passive product inflows, while active equity returned to positive flows for the first time since 2023. Revenue increased by 4% year-over-year to €773 million, and net income rose 11% to €237 million. DWS reaffirmed its guidance of 10%-15% EPS growth in 2026 with flat cost expectations. Despite outflows from alternatives due to capital returns after infrastructure realizations, the firm's strategic reorganization—including new client segments and consolidated investment leadership—appears to be paying off. CEO Stefan Hoops highlighted improved momentum across multiple product lines as a sign of long-term growth potential.
Topics: assets under management net flows organizational restructuring revenue growth