EFTA01387438.pdf

Risk Premia Investing at Deutsche Bank Overview of Risk Premia AUM 12,000 SWF ■ Private Banks 10,000 ■ Banks ill11•0108411111 ■ Endowments 8,000 ■ Family Offices Million USD Insurers 6,000 * Asset managers ■ Pension funds 4,000 2,000 0 JIM 12 Q2 12 Q3 12 04 13 01 13 02 13 03 13 Q4 14 Q1 14 Q2 14 Q3 14 Q4 1541 15 02 15 03 15 04 16 01 16 02 Source: Deutsche Bank 7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0090040 CONFIDENTIAL SDNY_GM_00236224 EFTA01387438