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Deutsche invests in feeding frenzy

  •  
By Madeleine Collins
  •  
2 minute read

Deutsche Asset Management has launched a managed fund giving Australian retail investors access to global agribusiness.

Deutsche Asset Management has launched a managed fund giving Australian retail investors access to global agribusiness.

A first for the Australian market, the DWS Global Equity Agribusiness Fund will invest in food production-to-consumption products via stakes in international listed companies.

"Populations are swelling, driving fierce demand for food," Deutsche Asset Management Investment Specialist Bill Barbour said.

"The race is on not only to feed the world, but also to produce more quality food to meet the changing nutritional needs of this increasingly affluent population.''

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The fund is the first in a series of global funds managed by DWS Investments, the global mutual fund arm of Deutsche Bank's asset management division.

The minimum investment is $25,000.