DWS Group GmbH & Co.
KGaA (ETR:DWS) reported record assets under management and stronger client flows in the second quarter of 2026 after completing a broad front-office reorganization earlier in the year
Chief Executive Officer Stefan Hoops said the company gained nearly €100 billion in assets under management during the quarter, reaching a record €1.19 trillion. He characterized the period as a reacceleration following changes to DWS’s organizational structure, including the creation of private wealth and institutional client segments, a consolidated investment leadership structure, and a combined strategy and M&A function. “Long-term net flows were significantly higher quarter-on-quarter,” Hoops said, pointing to improved momentum in active equity, Xtrackers ETFs and infrastructure. He added that the quarter produced DWS’s highest level of net new revenues from client inflows since the company began tracking that measure, though DWS does not disclose the amount.
Flows Improve Across Client Segments and Regions Chief Financial Officer Markus Kobler said total net flows reached €24.8 billion in the second quarter, including €11.6 billion of long-term net flows, representing a significant acceleration from the first quarter. – Private wealth, formerly reported as retail, generated €18.9 billion of net flows, its strongest quarterly result since DWS’s IPO. – Institutional clients contributed €5.9 billion, supported by selected mandate wins in APAC alternatives and U.S. cash-product flows. – The Americas recorded €10.8 billion in net flows, Germany contributed €10.5 billion, EMEA excluding Germany added €3.2 billion, and APAC generated €3 billion. In active investments, active equity returned to positive flows of €1.1 billion, supported by improved fund performance and demand for global equity products. Hoops said flagship products including Top Dividend and Akkumula generated more than €1 billion in combined net inflows.