original ideas | made clear
By: Francesco Curto, Michael Lewis
Traditional approach to corporate reporting and the drive towards sheer profit maximisation has led to environmental damage, human rights abuses and greater inequalities
By: Katherine Han, Sisi Liu, Michael Lewis
In this joint white paper, Harvest and DWS compare and contrast the drivers of responsible investing in China and Europe. We explore the pros and cons of the approaches adopted and provide our recommendations to support the market’s growth.
By: Francesco Curto, Jason Chen, Dirk Schlüter
The green decade
By: Eric Legunn, CFA, Robert Bush, Jason Chen
A cautious and systematic assessment of potential returns over the next decade suggests that China A-Shares, may still offer similar return potential as U.S. Equities.
By: Alexis Morgan, Francesco Curto
DWS and WWF, the largest independent conservation organization in the world, have co-authored an article highlighting the importance of underpinning investments with a clearer approach to water risk and opportunities.
By: Gunnar Friede, Guido Lombardi, Peter Warken, Jason Chen, Dirk Schlüter, Robert Bush, Francesco Curto
By: Francesco Curto, Michael Lewis, Murray Birt
An institutional framework on addressing water risk across asset classes
By: Murray Birt, Gianluca Minella, Aizhan Meldebek
By: Francesco Curto, Sarvesh Agrawal, Jason Chen, Martin Moryson
Within this report, we present the DWS long-term capital market assumptions as of the end of September 2020 for major asset classes.
By: Michael Lewis, Jason Chen
How sub-national actors have taken center stage in climate action
By: Gunnar Friede, Murray Birt, Michael Lewis
Why Milton Friedman got it wrong
Over the past quarter it has become clear that with the ongoing crisis the impact on corporate fundamentals may be comparable to those witnessed in 2009.
By: Francesco Curto, Sarvesh Agrawal
In a report in Apriltthe dilution risk in equities from the economic downturn triggered by the lockdown related to the COVID-19 pandemic was analysed. Now we look at those scenarios using the results of the Federal Reserve’s 2020 stress test of US banks.
By: Wan Huang, Michael Lewis
A transparent approach is required particularly when it comes to measuring ESG AuM, assessing proxy voting track record and understanding ESG datasets.
By: Francesco Curto, Murray Birt, Michael Lewis, Sarvesh Agrawal
Climate risk and corporate capex
By: Peter Warken
A new, state-of-the-art portfolio construction methodology
By: Murray Birt
EU policy recommendations on starting a paradigm shift
By: Jessica Elengical, Gregory Herriman
How the priniciples of sustainable real estate can improve outcomes during the crisis and beyond.
By: Francesco Curto, Sarvesh Agrawal, Jason Chen, Robert Bush
Following the COVID-19 crisis, we have conducted a thorough analysis on the impact of the crisis on the DWS Long View. This update is essential reading to understand how this crisis has fundamentally impacted asset class returns for the next 10 years.
Equities have displayed remarkable resilience so far in this crisis. The first quarter fall in equity prices was steep with the S&P 500 down 20%, a record for the first quarter. But, considering the magnitude of the crisis, some have argued that equities should have fallen by more.
By: Michael Lewis, Murray Birt
From more rigorous integration of social issues into the investment process to the strategic case for sustainable investments.
By: Andrew Pidden, Priscilla Lu
As long term investors we believe in investing where
there is demand and critical need and long-term
drivers of growth.
In a nutshell, the answer is fear. The common perception is that collapsing earning expectations during recessions drive share prices. However, they explain only a small part of the price move.
By: Robert Bush, Jason Chen, Eric Legunn, CFA
Environmental, Social, and Governance (ESG) investing has gathered significant momentum over recent years. This momentum has occurred as investors aim to include material extra-financial information into their investment process with the aim of improving the return characteristics of a portfolio.
By: Francesco Curto
In our updated DWS Long View we outline why we believe that expected returns will be lower over the next ten years than they were in the past.
By: Michael Lewis, Murray Birt, Marlon Rockenfeller, Thomas Gillmann
Efforts to measure, stress test and manage climate risks among insurers are accelerating
By: Michael Lewis, Carsten Keil
Climate change is a significant risk for investors, from the financial losses incurred from extreme weather events, the asset re-pricing in the transition to a low carbon economy to the use of law courts as a new instrument to enforce and accelerate climate change action.
By: Michael Lewis
ESG forces are moving deeper into emerging markets from the network of central banks sharing best practice, stock exchanges mandating ESG disclosure requirements, regulators acting in the area of fiduciary duty and the launch of new EM-focused investment products.
How the U.S. is playing a leading role, why ESG is particularly relevant for Emerging Markets, and Europe’s ambitions to be a global rule setter
German corporates are faced with significant risks and opportunities when it comes to sustainability and specifically climate change.
By: Mark McDonald
Up until now, investors in private equity had to choose between the superior alpha of direct buy-outs or a secondary market that offered more liquidity and less risk.
Creating returns while contributing to economic growth and the Sustainable Development Goals by reducing poverty and supporting female entrepreneurs, plus the potential to help improve resilience to physical climate impacts
By: Christian Hille
A new DWS study examines the most important asset classes’ long-term return expectations. The "Multi-Asset Long View" offers long-term investors valuable insights for their portfolio composition.
The Why, The What and The How
Green bonds are an important part of a portfolio that is aligned with the low-carbon transition.
Everything you need to know about climate change from a scientific, legal, actuarial, accounting, investment consultant, and portfolio management perspective.
Central banks are increasing their efforts to promote the transition to a more sustainable financial system
By: Christian Hille, Peter Warken, Stuart Kirk
Just because realised volatility is low in many developed equity markets doesn’t mean things are calm below the surface. Extreme moves at the edges of the distribution of returns compared with the middle reached a record high this year.
By: Dr. Irina Sidorovitch, Tanja Schubring
Applying a quantitative approach to ESG integration offers big benefits to clients.
By: Stuart Kirk
There has never been a better time to look at factors. Not only have single and multi-factor approaches been refined, but dynamic strategies offer a powerful new way to invest.
By: Andrew Pidden
Sustainable and impact investing is the best way to generate returns while addressing the world's most critical problems.
With commitment and transparency, investors and issuers could better address the physical impact of extreme weather events.
Responsible investing that reduces your carbon footprint.
By: Adam Iley, Stuart Kirk, Roland Guenther
What distributed ledgers mean for asset management
By: Michael Lewis, Murray Birt, Carsten Keil
The UN Sustainable Development Goals provide an important framework for governments, companies and investors
Why passive isn't red and active isn't dead
Bond and dividend yields are not correlated
By: Anthony Lupa, Stuart Kirk
This ugly word can solve the savings crisis
Put inconsistency, hypocrisy and unintended consequences to rest
By: Karl Tuck
The what ans why of cashflow-driven investing
By: Sven Württemberger, Hans-Joerg Morath
Paying for investment advice - a private banking revulution