German asset-manager DWS sees €10.3 billion inflows as passive funds surge

European asset-management firm DWS Group reported net inflows of €10.3 billion (~US$12 billion) in long-term funds for the quarter to September, up sharply from €3.7 billion previously. Most flows were directed into passive-strategy portfolios such as ETFs, particularly under its Xtrackers brand, while active-equity and real-estate strategies saw net redemptions. The jump highlights the accelerating preference for low-cost, indexed investment vehicles amid cost-sensitivity and scrutiny of active-management performance across markets.