DWS Group

Launched in 1961, the DWS ESG Akkumula LC is currently positioned with a heavy technology bias and delivered a 67% return over three years and 29% in the last year. Largest individual holdings are TSMC, Alphabet and Microsoft; the fund weights the US at 55.2%, Taiwan at 7.9% and South Korea at 6.9%. Management focuses on sustainable, growth-oriented technology, healthcare and consumer stocks and avoids commodity and utility sectors. Risks include higher sector and country concentration, geopolitical risks related to Taiwan, ongoing costs of 1.45% and a front-end sales charge of 5%. » Mere på finanzen.net

Deutsche Bank subsidiary DWS plans to step up sales of properties from the open-ended funds Grundbesitz Europa, Grundbesitz Global and Grundbesitz Fokus Deutschland in order to pay out investors. The funds hold properties with a book value of around €10 billion; assets after debt amount to €8.2 billion. Rising interest rates, however, make sales difficult and could intensify forced discounts, so experts advise investors to sell shares on the stock exchange rather than redeem them with the funds. » Mere på handelsblatt.com

Asset manager DWS will reintroduce the Deutsche Asset Management brand identity worldwide from November in order to better reach international and institutional clients and to emphasize the group’s origins. The company’s official corporate name, DWS Group GmbH & Co. KGaA, will remain unchanged for the time being; a formal renaming would require approval by the annual general meeting. DWS manages around €1.2 trillion and Deutsche Bank holds about 80 percent of the shares. Existing product and fund names will remain unchanged; in the active management area the existing name will be complemented by an additional designation. » Mere på handelsblatt.com