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Deutsche Asset Management is a leading global asset management organization, with over 8000 people in the world´s major financial centers. This allows Deutsche Asset Management to achieve truly global coverage of markets and sectors. Deutsche Asset Management provide investment services to clients from over 60 countries, who have entrusted the firm with approximately EUR 536.1 bn* (USD 730.5) in assets under management.

Deutsche Asset Management diverse institutional client base includes pension funds, insurance companies, corporations, local government authorities and charities. The firm is committed to producing consistent, risk-controlled performance for its clients and adding value through all stages of the investment process.

Deutsche Asset Management’s retail business encompasses the following leading brands: the award-winning DWS Investments in Europe; Scudder Investments, one of the largest and most experienced investment management organizations in the United States; and Deutsche Asset Management, one of the leading asset managers in the Asia Pacific region.

* as at 31 December 2004






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