Deutsche Bank will combine the no-load mutual fund families of it...

Deutsche Bank will combine the no-load mutual fund families of it Bankers Trust and Morgan Grenfell units under a single ‘‘Deutsche’’ label in its Deutsche Asset Management division in the first quarter. The assets invested in the more than 45 mutual funds in the two families totaled $35 billion at the end of November. Rich Marin, co-head of Deutsche Asset Management, said some funds with duplicative investment styles were merged prior to combining the fund families. Twenty of the funds in the new Deutsche no-load fund family are money market funds.