DWS Group

DWS settles German ESG probe with €25m fine

Fine by the Frankfurt Public Prosecutor’s Office comes after the asset manager was hit with a $19m penalty by the US regulator in 2023

2 min read

Deutsche Bank strikes private credit deal with DWS

German lender eyes origination and investment opportunities for DWS’ clients

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DWS looks to increase 30% stake in China’s Harvest Fund Management

Chief executive Stefan Hoops said asset manager is ‘going through all the required steps’ to increase its position in the Chinese fund giant

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DWS backs ‘juniorisation’ programme to cut recruitment costs

The Frankfurt-based asset manager has doubled its graduate intake this year as it looks to build a ‘pipeline of young talent’

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Is ESG a scam?

Catch up on the biggest stories in green finance this week

4 min read

DWS whistleblower Desiree Fixler says she still hasn’t got an SEC payout

Sources can be handed multi-million dollar rewards for helping the US regulator. But the former DWS sustainability head is yet to receive compensation.

3 min read

DWS whistleblower Desiree Fixler: ‘I need to dismantle this ESG monster I helped create’ 

Fixler says her old life and career is over. Now she has ‘blood on her hands’ from sustainable investing and is on a mission to bring down the ‘scam’

5 min read

Investors in sustainable funds are being exposed to oil and gas developers, according to new research

BlackRock, LGIM and DWS sustainable passive funds exposed to fossil fuels

Analysis of sustainable passive funds by Reclaim Finance finds hundreds exposed to oil giants and coal producers

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German fund house's latest payment revealed in annual report

Former DWS COO gets €2m severance payout

Angela Maragkopoulou left DWS in December, having only joined the asset manager at the start of 2023

2 min read

Areas like private markets could be the next to benefit from tokenisation

How Abrdn, BlackRock and DWS are gearing up for a digital assets boom

Fund giants want to make sure all departments have the right skills for the coming digital assets boom

3 min read

DWS is boosting its graduate intake, despite job cuts across the asset management sector

DWS to triple graduate trainee intake

The asset manager's programme for university leavers will also be widened beyond front office investment roles, to include more departments

2 min read

Unlike some large asset managers who have tried to distance themselves from a star fund manager culture, Stefan Hoops is keen to celebrate individuals

How DWS boss Stefan Hoops parachuted in ‘without much prep’: ‘I’ve been exposed to weird things in the market’

DWS’s CEO was parachuted into the job just over a year ago, following the shock resignation of his predecessor. Stability has been his priority since

DWS chief executive Stefan Hoops said the firm had made the “right decisions” to stabilise the business since greenwashing allegations were made against it

DWS fined $19m by SEC over ‘ESG misstatements’

The asset manager, which is majority owned by Deutsche Bank, also incurred a $6m penalty for shortcomings in its anti-money laundering procedures

Stefan Hoops, DWS’s boss, said it is ‘making good progress’ with regulators’ investigations into its ESG claims

DWS boss: ‘We took right decisions’ after greenwashing claims

Asset manager tries to bounce back after criticism of its green credentials

'We have punched below our weight over the past 15 years' DWS says as its battle for the lucrative ETF market continues

DWS trumps BlackRock for August ETF flows

Despite DWS coming top last month, BlackRock's ETF arm remains ahead of its rivals this year in an unpredictable race

Fixler helped bring allegations that fund houses like DWS were overstating their ESG credentials into the mainstream

Desiree Fixler: I have no regrets about blowing the whistle on DWS

Greenwashing saga has forced 'decent' market reforms, DWS's former sustainability boss says

3 min read

Can ESG be saved from itself? Hear what Fancy and Fixler think now

Listen back: Ex-BlackRock CIO Tariq Fancy and former DWS exec Desiree Fixler take on the ESG backlash

Tune in now as Financial News brings you a debate with some of the most prominent names in ESG

1 min read

DWS said it continues to provide information to and co-operate with authorities

DWS sets aside €21m as SEC greenwashing probe nears conclusion

DWS is 'now engaged in advanced resolution discussions with the US Securities and Exchange Commission to resolve their ESG investigation'

3 min read

Vanguard rides UK platform growth while DWS targets Germany to top ETF tables

Vanguard, DWS post highest European ETF flows behind BlackRock

The two asset managers gathered the most new ETF money in the first half of the year behind the powerhouse iShares business

3 min read