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Posted on 350 Xtrackers exchange-traded funds (ETF) by DWS has launched the first ETFs providing exposure to ESG (Environmental, Social and Governance) versions of the S&P MidCap 400 and S&P SmallCap 600 indices. Xtrackers S&P MidCap 400 ESG ETF (NYSE Arca: MIDE) and Xtrackers S&P SmallCap 600 ESG ETF (NYSE Arca: SMLE) listed today, further expanding the Xtrackers footprint in the rapidly growing area of values-based index investing. Assets under management in Xtrackers NYSE-listed ESG ETFs reached over USD 3 billion in 2020. Arne Noack, DWS’s Head of Systematic Investment Solutions, Americas, commented: “At DWS, we have made ESG-centric investing integral to our value proposition for our clients and the launch of MIDE and SMLE is a logical follow-on. We seek to provide investors with transparency around relevant ESG-metrics of a potential investment. Investors can, for example, easily view the reduc ....
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Posted on 220 DWS, one of the world’s leading asset managers, today announced the promotion of Arne Noack to Head Systematic Investment Solutions, Americas. Arne Noack, Head Systematic Investment Solutions, America (Photo: Business Wire) This appointment represents the continued growth of DWS’s passive business in the U.S. and supports the firm’s ambitions to provide investors with unique access to markets through ESG and advanced data strategies. Last year, DWS launched its Systematic Investment Solutions business to further integrate quantitative data into its index investing strategies. Arne will report directly to Fiona Bassett, Global Head Systematic Investment Solutions at DWS and continue to be based in New York. The appointment is effective immediately. ....