Fisher Boosts Deutsche Bank Stake 4.5%

Fisher Asset Management made mixed portfolio moves in the third quarter, increasing its Rio Tinto stake by 1.1% and its Deutsche Bank position by 4.5%. It also established a new position in the iShares Global Industrials ETF, acquiring about 3.27 million shares, while reducing its iShares MSCI Europe Financials ETF holdings by 7.4%. The Deutsche Bank reports describe the same holding increase; together, the disclosures show additions to the bank and industrials exposure alongside a reduction in the Europe financials fund.