Finance
Deutsche Bank's DWS to buy 40% stake in Nippon Life India unit
Published by Global Banking & Finance Review®
Posted on November 13, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 13, 2025
2 min readLast updated: January 21, 2026
DWS Group is set to acquire a 40% stake in Nippon Life's India unit, expanding its Asian footprint with a focus on investment funds.
(Reuters) -Deutsche Bank's investment arm DWS Group will buy a 40% stake in a Nippon Life India Asset Management unit to build an alternate investment fund franchise, as the German firm looks to expand its footprint in Asia.
As part of the deal, DWS will hold up to 40% in the unit, with Nippon Life India owning the rest, the latter said in a statement on Thursday.
The companies did not disclose financial details of the deal, which will be subject to regulatory approvals.
DWS is one of Europe's biggest fund managers. Nippon Life India Asset Management is owned by Nippon Life, Japan's largest insurer, which has been on an international buying spree.
Nippon Life India said that the company and DWS will also work closely in other areas including passive investment products and global distribution.
In May, Reuters had reported that DWS is in talks to form an asset management joint venture in India with the Japanese insurer Nippon Life.
"India's dynamic economy and its accelerating demand for sophisticated investment solutions make this partnership a natural step for us," Kaushik Shaparia, CEO, India and Emerging Asia of Deutsche Bank, said in a statement.
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Mrigank Dhaniwala)
Asset management is the systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner. It involves managing investments on behalf of clients to achieve specific financial goals.
A partnership in business is a formal arrangement where two or more parties agree to manage and operate a business together, sharing profits and losses according to their agreement.
Investment refers to the allocation of resources, usually money, in order to generate income or profit. It can involve purchasing assets like stocks, bonds, or real estate.
Insurance is a financial product that provides protection against potential future losses or damages. It involves paying a premium to an insurer in exchange for coverage against specified risks.
Financial services encompass a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management, aimed at managing money and risk.
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