DWS Expands Xtrackers ETF Reach Through Allfunds Partnership

DWS has partnered with Allfunds to make its full Xtrackers ETF and ETC range available through the wealth management distribution platform, expanding access to its $406bn ETF business. Allfunds connects more than 1,400 fund providers with wealth firms across 60+ countries and oversees more than $2trn in assets under administration. The agreement supports DWS’s push to broaden third-party distribution following a restructuring around client segments and a recent ETF partnership with Singapore’s iFAST. For Allfunds, the deal strengthens its ETF ecosystem as European wealth managers increasingly adopt ETFs as core portfolio holdings.