On April 29, DWS Group, the asset management arm of Deutsche Bank, reported a slowdown in net inflows for the first quarter due to market volatility triggered by the Iran conflict. According to Jin10, the long-term net inflows for the three months ending in March amounted to €6.6 billion, down from €8 billion in the previous quarter and €11.7 billion in the same period last year. DWS noted that after a 'robust' start to the year, the geopolitical environment significantly worsened since late February, increasing uncertainty and volatility, which pressured markets, energy prices, and inflation, challenging positive momentum. The €6.6 billion inflow is only half of the quarterly average needed for DWS to meet its target of attracting over €160 billion in inflows from 2026 to 2028. The company's assets under management grew by 0.7% quarter-on-quarter to €1.09 trillion.