Geldanlage: Mensch statt Roboter: Deutsche Bank wagt Neustart bei der digitalen Vermögensverwaltung

One year after Deutsche Bank halted sales of its internal Robo-Advisor named Robin, the bank is once again offering digital asset management to its customers. This time, rather than relying on algorithms to determine investment strategies, it is the specialists of the largest German credit institution who will make the key portfolio decisions.

Raffael Gasser, the bank's Head of Wealth Management, explained that the bank's experienced portfolio managers will continue to base their decisions on the bank's capital market assessments.

With a minimum investment of just 500 Euros, and the possibility to make regular monthly contributions starting from just a single Euro, the bank claims it is making professional investing "accessible to significantly more people". Dominik Hennen, who oversees the mass customer business of Deutsche Bank in Germany, said the aim of the product is to reach a broader range of customers.

Deutsche Bank has expertise in advising wealthy clients on securities investment. However, such personalized service only makes sense for banks if clients bring in very large investment amounts. Digital asset management is less individual than the care of high-net-worth customers, but it does offer five different investment strategies. Until now, the bank lacked a product for a broad customer base that wanted to invest in asset management without having to be very wealthy.