Deutsche Bank’s db-X Group, a global provider of ETFs, has begun trading on NYSE Arca. On June 9, 2011, the bank rolled out the db-X U.S. platform with five currency-hedged ETFs, designed to provide investors with exposure to international equity markets. The db-X U.S. platform now comprises 10 funds, including the db-X MSCI Japan Currency-Hedged Equity Fund and the db-X MSCI Brazil Currency-Hedged Equity Fund. db-X Group had $63 billion of assets under management in the U.S., Europe and Asia as of Aug. 8, 2011.
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