TheGerman rating agency, Scope Group, has evaluated the management quality of DB Real Estate Investment GmbH and rates the company AAA (outstanding).
Among other funds, Deutscheâs real estate unit manages the two open-end real estate funds: grundbesitz-invest and grundbesitz-global. The management quality ratings â" which rank from AAA (outstanding quality) to D (very weak quality) â" evaluate the fiduciary risk associated with fund management companies.
Scopeâs analysts point out : âThe rating of DB Real Estate Investment GmbH is driven by the companyâs overall efficiency and their fiduciary strength in investor-orientated actions. Both the firmâs structure and the management are of outstanding quality.' The analysis of the risk control functions is also judged to be of âvery goodâ quality.â
Specifically, Scopeâs praise applies to DB Real Estateâs organisation, composition of management, credit quality and capital resources, transparency, client servicing and communication, investment strategy, portfolio management. Innovative product development, market experience, strategy conversion and risk management functions were also evaluated in the âvery highâ range.
The independent German rating agency Scope is specialised in the evaluation and analysis of international capital investments and their providers. It focuses on the ratings of open-end, closed-end and alternative investment funds. Clients of the Scope Group include banks, financial institutions as well as trustee and tax and investment consultants.
Source: DB Real Estate