DWS is considering entering the active thematic ETF space as it weighs up expansion into the space in a bid to target retail investors.
Speaking to ETF Stream, Simon Klein, global head of Xtrackers sales at DWS, said it was still discussing which active approach it would take but looked to be favouring thematics.
“Tax benefits have been a key driver of active ETFs in the US, but we always have to develop products and it is clear digital channels are asking for more stories,” Klein (pictured) said.
“One of our best-selling products is our AI and big data ETF, the retail customer likes storytelling and active ETFs fit very well into that.”
The Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX) currently houses $3.6bn assets under management (AUM).
He added it depends on how you classify “active” within ETFs, with many of the current launches taking a rules-based…
