One of the oldest and most famed mutual fund brands has gone away. DWS Scudder Investments, the U.S. asset-management division of Deustche Bank, recently changed its name to DWS Investments. At that point, the funds will be rebranded as Federated Prudent Bear and Federated Prudent Global Income.
Where is DWS located?
DWS Group
| Native name | DWS Group GmbH & Co. KGaA |
|---|---|
| Headquarters | Mainzer Landstraße 11-17, Frankfurt , Germany |
| Key people | Asoka Woehrmann (CEO) |
| Products | Mutual Funds ETFs Alternative Investments |
| Revenue | €2.2 billion (2020) |
Who bought Scudder?
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 is DWS?
DWS is one of the world’s leading asset managers. Its diverse expertise in Active, Passive and Alternatives asset management – as well as deep environmental, social and governance focus – complement each other when creating targeted solutions for clients.
What is an asset manager do?
An asset manager manages assets on behalf of someone else, making important investment decisions that will help the client’s portfolio grow. An asset manager also ensures the client’s investment doesn’t depreciate and that exposure to risk is mitigated.
Who bought Scudder Investments?
What is the average tenure for employment in DWS?
In January 2020, median employee tenure (the point at which half of all workers had more tenure and half had less tenure) for men was 4.3 years, unchanged from the median in January 2018. For women, median tenure was 3.9 years in January 2020, little different from the median of 4.0 years in January 2018.
What is DWS Danny Wallis?
DWS Limited provides information technology (IT) services to corporations and government bodies in Australia and New Zealand. DWS Limited was founded in 1991 and is headquartered in Melbourne, Australia.
What does Scudder Investments do?
Scudder Investments was founded in 1989. The company’s line of business includes providing investment information and advice to companies and individuals. NO. OF EMPLOYEES
Is Scudder part of Deutsche Asset Management?
Scudder Investments is part of Deutsche Asset Management, which is the marketing name in the US for the asset management activities of Deutsche Bank AG, Deutsche Investment Management Americas Inc., Deutsche Asset Management Inc., Deutsche Asset Management Investment Services Ltd., Deutsche Bank Trust Company Americas and Scudder Trust Company.
Who is the investment advisor for Scudder intermediate government trust?
Deutsche Investment Management Americas Inc. (“DeIM” or the “Advisor”), which is part of Deutsche Asset Management, is the investment advisor for Scudder Intermediate Government Trust.
