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Finance & Markets

Deutsche Bank’s DWS Backs Insurer, Eyes Private Markets Mandate

DWS Group is partnering with life insurance consolidator Frankfurter Leben as the asset manager owned by Deutsche Bank AG seeks to access the industry’s vast capital pools.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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New Zealand dollar slugged by inflation surprise, Aussie hangs on

SYDNEY: The New Zealand dollar slid on Thursday after a surprisingly low reading on inflation expectations stirred doubts about the need for aggressive rate hikes, while its Australian counterpart drew comfort from the risk of tightening at home. The kiwi dollar lost 0.5% to a two-week low of $0.5829, having snapped support at $0.5850.

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