DWS Group

In the third quarter DWS gathered €30.9 billion in investor money, the most ever in a single quarter. Revenues rose 4% to €784 million, pre-tax profit increased 2% to €325 million and net income rose 5% to €230 million, but all remained below analysts' expectations. The cost‑income ratio deteriorated to 58.6%. CEO Stefan Hoops confirmed the target to raise earnings per share by 10–15% by 2026; the cost ratio is to fall to 55–57%, but it stood at 57.7% in the first nine months. The stock fell in pre-market trading. » More on finanzen.net

As of Oct. 27, DWS has temporarily capped redemption payouts for the open-ended real estate fund Grundbesitz Europa at ten percent. The measure is meant to allow time for orderly property sales, boost liquidity and pay down loans; it is legally limited to a maximum of twelve months. DWS cites the turn in interest rates as the trigger and concedes the decision may burden investors. » More on t-online.de

From 27 October 2026 DWS will initially cap the payout rate for due redemption orders of the fund Grundbesitz Europa at 10 percent. The measure is legally limited to a maximum of twelve months and can be adjusted or lifted early depending on liquidity. The aim is to buy time for orderly property sales, strengthen liquidity and repay loans. In total three open-ended real estate funds of DWS were under pressure following the interest-rate shift. » More on manager-magazin.de

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%. » More on 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. » More on handelsblatt.com