Equity investing

Global Equities Blend

This strategy applies a bottom-up stock-picking approach by considering a range of both qualitative and quantitative criteria. These might include quality of management, business model sustainability, organic growth, strength of balance sheet, accounting model and valuation.

Global Equity Income

The portfolio management of the strategy invests in companies with strong balance sheets, high free cash flow, low net debt and good credit rating which offer an attractive dividend profile. The objective is to achieve outperformance vs the peer group and the broad market over a complete market cycle, minimize volatility and drawdowns, while providing an attractive distribution to investors.

ESG Global Equity Income

Our ESG Global Equity Income Strategy aims, just like our Global Equity Income strategies, to compose a portfolio of financially strong companies with an attractive dividend profile. On top of that, the portfolio management considers ESG aspects applying the dedicated DWS ESG Investment Standard. Moreover, the portfolio management team aims to profit from secular trends such as "Healthy Aging and Living", "Smart Infrastructure", or "Energy Efficiency", or "Sustainable Packaging" among others.

European Large Caps / Euroland Large Caps

This strategies invest in the most attractive European stocks / attractive stocks in the Eurozone by focusing on high quality companies demonstrating above average earnings growth potential. We believe that mispriced growth opportunities can manifest themselves over different investment horizons. Over the long-term, share price appreciation of companies tend to be driven by positive structural forces, whereas in the short to medium term, the marginal change in company fundamentals tend to be key drivers of stock performance.  As a result, our investment approach is geared towards exploiting opportunities in structural growth and positive earnings delta situations

European All Caps

This strategy invests in European large-, mid- and small-cap stocks. The critical selection criteria are the fundamental business- and good ESG quality of the company. We look for investment opportunities that fall into one of two concepts, either “Mispriced Inflection”, or “Quality-Growth-at-a-reasonable price”.  These two concepts give us flexibility to perform in different market environments. This creates positive style exposure from strategic positioning. Over time, the portfolio is weighted towards the styles of Quality, Growth and, Momentum. and “away from” expensive. 

European Small- & Mid-Caps

The strategy invests in European small- and mid-cap stocks that fall into one of two concepts, either “Mispriced Inflection”, or “Quality-Growth-at-a-reasonable price”.  These two concepts give us flexibility to perform in different market environments. It creates positive style exposure from strategic positioning. Over time, the portfolio is weighted towards the styles of Quality, Growth, Momentum and “away from” expensive. The alpha generation is mainly driven from bottom-up stock picking (within our two investment concepts). We believe that the European small & mid cap market is inefficient. To exploit that information inefficiency in the best way we focus on proprietary, in-house fundamental analysis. We have >1600 meetings with European companies p.a., including customers and suppliers of our investment companies, plus meetings with industry experts and analysts. Within the DWS European Small/Mid Cap team we do our own proprietary analysis of historic financials, do modelling & forecasting and use valuation tools. With the support of the DWS “ESG Engine” we analyze a large set of ESG related inputs. To do this, we have a large dedicated European Small/Mid Cap team, plus utilize the significant resources of DWS Equity platform.

Emerging Markets Equities

This strategy combines a global perspective with global knowledge. With expert investment teams across sectors and countries, we aim to select the best companies from across the Emerging Markets investment universe while carefully balancing performance against risk.