Former Deutsche Asset Management subsidiary QS Investors LLC will now operate as an independent investment management and advisory firm for institutional investors, the New York-based firm said today.

QS Investors, one of the largest woman-owned asset management shops, is now owned and run by the management teams that “pioneered approaches to integrating quantitative and qualitative investment insights that dynamically shift market exposure within a risk-managed framework,” an Aug. 11 announcement said. QS Investors has $11 billion in assets under management and $70 billion under advisement.

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