EFTA01376841.pdf

Multi Asset Investment Process The Deutsche Bank Wealth Management CIO View and Research is the starting point The decisions taken at the CIO Day are presented in our CIO A quarterly CIO Day gathers the most View which includes: senior professionals in Deutsche Bank WM responsible for asset classes and research. Macro-economic environment Investment experts assess the Single asset class outlook macro-economic environment and outlook, identifying and analyzing key Financial market forecasts and high-conviction ideas market drivers. Risks to the main scenario Outlook for Fixed Income, Equities, Alternatives and Multi Assets is reviewed and challenged. Strategic CIO View is the starting point for our multi asset investment process Source Deutsche Bank Wealth Management Deutsche Bank Wery,Itn .. rianagernent 7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0073277 CONFIDENTIAL SDNY_GM_00219461 EFTA01376841