Deutsche Bk arm, Nippon Life in talks over asset mgmt JV – Times of India-OxBig News Network

Deutsche Bank’s investment arm DWS is in talks to form an asset management joint venture in India with the Japanese insurer Nippon Life, four people with knowledge of the matter said, as the German company seeks to expand in Asia. The talks are at an early stage and may take time due to regulatory issues, said sources.DWS, with more than $1.13 trillion in AUM, is one of Europe’s biggest fund managers.(This is a Reuters’ story)