Managers

Deutsche Asset Management raises €568m

The New York-based firm raises capital from investors in the US and Europe.

-
<p><em>The New York-based firm raises capital from investors in the US and Europe.</em></p>

Deutsche Asset Management has held a first close of its new open-ended Pan-European Core Fund at €568 million. It will invest in income and capital growth across Europe, in sectors such as office, retail and logistics.

The fund has so far received support from twelve investors based in the Netherlands, the US, Germany and Switzerland.