Deutsche Bank launches db-X ETF platform in the US

Building on its success in the US ETP business, Deutsche Bank has listed its first five ETFs under the db-X brand

Hedge cut in the shape of the dollar sign
Dollar hedged ETFs will benefit US investors in international ETFs if dollar strengthens

Deutsche Bank has taken its db-X brand into the US market with the introduction of five currency-hedged exchange-traded funds (ETF), listed on the New York Stock Exchange.

Deutsche already has a strong presence in the US exchange-traded products market through its collaboration with PowerShares, which has created both ETFs and exchange-traded notes.

Martin Kremenstein, director at db-X at Deutsche Bank in New York, says the time was right to launch the db-X brand in the US. "Deutsche Bank is now

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