DWS announced that it has been awarded a EUR 2.2 billion (A$3.5 billion) mandate by ANZ Private to provide Tactical Asset Allocation (TAA) advisory services around its multi-asset model portfolios.
Commencing third quarter of 2019, DWS also joined ANZ Private’s investment council as part of the mandate. It will assist the group’s investment council on global market perspectives and multi-asset tactical portfolio recommendations, in line with ANZ Private’s risk, tracking error and return objectives.
“Critical to winning this mandate was our ability to present ANZ Private with a unified, global CIO View and strong multi-asset investment capability,” said Sean Taylor, CIO for the APAC region and Head of Emerging Markets at DWS. He continued: “We view this mandate as the beginning of a broader strategic partnership with ANZ Private.”
“We are delighted to appoint DWS Group as the primary asset consultant for our tactical asset allocation decisions,” said Mike Norfolk, Managing Director, Private Banking and Advice at ANZ. “DWS are one of the world’s largest asset managers, with a strong history and proven track record in adding value to investment portfolios. Utilising their global reach and capability DWS will provide ANZ Private and our clients with access to key investment insights and expert personnel.”
Lidia Tomova, Head of Client Coverage, Australia said: “We are thrilled to be working with ANZ Private on this mandate. As a global, diversified asset manager, DWS is well-positioned to provide bespoke solutions to Australian institutional investors seeking to enhance their asset allocation investment process.”
Utilising a combination of qualitative and quantitative risk and return assessments and scores, DWS’ CIO View and Multi-Asset platform comprise a global platform of lead portfolio managers and researchers to provide a consistent view across asset classes, which can be translated into investible insights.
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Phone: +61 (3) 9270 - 4366
About DWS Group
DWS Group (DWS) is one of the world's leading asset managers with EUR 752bn of assets under management (as of 30 September 2019). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.
DWS wants to innovate and shape the future of investing: with approximately 3,600 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.