Is Scudder Investments still in business?
For Retooled Firm. The name DWS Scudder is no more. Deutsche Bank AG’s U.S. mutual-fund business is now called DWS Investments, and it plans to go after a bigger portion of the U.S. mutual-fund market.
What are DWS mutual funds?
DWS mutual funds are the product of Deutsche Bank, sold through its asset management arm to its clients in the United States. Naturally, its funds run the gamut, from the world of index-tracking S&P 500 funds to specialized municipal bond funds.
What is DWS Core Equity Fund?
The Fund seeks long-term growth of capital, current income and growth of income. The Fund invests at least 65% of total assets in equities, mainly common stocks. Although the Fund can invest in companies of any size and from any country, the Fund invests primarily in large U.S. companies.
What happened to Scudder mutual funds?
Deutsche Asset Management today renamed Scudder Investments as DWS Scudder, part of a change in its strategy in the U.S. mutual fund market.
Who bought Scudder Investments?
Deutsche Bank
Deutsche Bank has agreed to buy Scudder Investments, the United States asset management unit of Zurich Financial Services, for about $2.5 billion in cash and assets, executives involved in the discussions said today.
Who owns DWS?
DWS Group
| Native name | DWS Group GmbH & Co. KGaA |
|---|---|
| Total assets | €10.4 billion (2020) |
| Total equity | €6.7 billion (2020) |
| Owner | Deutsche Bank (79.49%) |
| Number of employees | 3,500 (2020) |
What is large-cap core?
Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Name.
What is a diversified bond fund?
Diversified Bond is designed as a true core bond fund, seeking to reduce overall portfolio volatility, provide diversification, and generate attractive returns.
Did Scudder become DWS?
DWS Scudder Investments, the U.S. asset-management division of Deustche Bank, recently changed its name to DWS Investments. The Scudder name was the last remnant of Scudder, Stevens and Clark, an investment-management firm founded in 1919, which introduced America’s first no-load fund.
What happened Scudder?
The shop effectively disappeared when it was acquired by Zurich Financial Services, who transformed it into Zurich Scudder in 1997 and sold it to Deustche in 2001. DWS Scudder changed its name to match the parent company’s brand for its global asset-management platform, DWS Investments.
What is DWS known for?
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.
What kind of company is DWS?
German asset management company
The DWS Group (Formerly: Deutsche Asset Management) commonly referred to as DWS, is a German asset management company….DWS Group.
| Native name | DWS Group GmbH & Co. KGaA |
|---|---|
| Industry | Investment management |
| Founded | 1956 |
| Headquarters | Mainzer Landstraße 11-17, Frankfurt , Germany |
Is large cap high risk?
Large-cap funds are a type of equity investments. Equity investments are usually considered as high-risk investments. However, within the equity category, large-cap funds are considered to be less risky as they invest in companies with a proven track record.
Which share to buy now for long-term?
NSE -0.10 % Securities finds money-making opportunities in three power stocks for long-term investors.
- NTPC. NSE -1.72 %
- Borosil Renewables. NSE -1.40 %
- Tata Power. NSE -0.11 %
How does a bond fund lose money?
Bond mutual funds can lose value if the bond manager sells a significant amount of bonds in a rising interest rate environment and investors in the open market demand a discount (pay a lower price) on the older bonds that pay lower interest rates. Falling prices will adversely affect the NAV.
What happened to Scudder Kemper Investments?
Scudder Kemper Investments announced it will change its corporate name to Zurich Scudder Investment next year to reinforce Scudder’s association with parent company, Zurich Financial Services, and align the firm more closely with other Zurich asset management businesses, including Zurich Capital Markets and Capital Z …
What is DWS full name?
The Full form of DWS is Disaster Warning Satellite, or DWS stands for Disaster Warning Satellite, or the full name of given abbreviation is Disaster Warning Satellite.
Is DWS a mutual fund company?
DWS has 3 main product offerings which are Active Investments, Passive Investments and Alternatives. Actively managed mutual fund strategies include Equities, Fixed Income and Multi-Asset. Passively managed funds include ETFs and ETCs. They are sold under the Xtracker brand name.
How much of my portfolio should be large-cap?
That’s why the American Association of Individual Investors recommends that investors allocate only 20% to 25% of their portfolio to large-cap stock. That said, your asset allocation could differ from these types of guidelines based on your risk tolerance and investment goals.