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The European Equity Fund, Inc and The New Germany Fund, Inc Declare Distributions

Press release content from Business Wire. The AP news staff was not involved in its creation. The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions May 7, 2021 GMT NEW YORK (BUSINESS WIRE) May 7, 2021 The European Equity Fund, Inc. (NYSE: EEA) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and, collectively, the “Funds”) announced today that its Board of Directors declared the distributions set forth below. GF’s total distributions will be paid in stock except that any stockholder of record as of May 17, 2021 may elect to receive such distribution in cash. EEA’s total distributions will be paid in cash.

DWS Launches U S Markets First S&P MidCap 400 ESG and S&P SmallCap 600 ESG ETFs

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 reduction in carbon

Name Change to Two Xtrackers ETFS to Better Reflect Multifactor Approach

Press release content from Business Wire. The AP news staff was not involved in its creation. Name Change to Two Xtrackers ETFS to Better Reflect Multifactor Approach January 19, 2021 GMT NEW YORK (BUSINESS WIRE) Jan 19, 2021 DWS, one of the world’s leading asset managers, announced name changes today to two of its Xtrackers ETFs to better reflect their multifactor underlying strategies. Effective January 28, 2021, the Xtrackers Russell 1000 Comprehensive Factor ETF and the Xtrackers FTSE Developed ex US Comprehensive Factor ETF will change their names to the Xtrackers Russell US Multifactor ETF and Xtrackers FTSE Developed ex US Multifactor ETF, respectively. The new names reflect the fact that the term “multifactor” has come into common usage as factor investing has become more popular within the investment community. The name change on the Xtrackers Russell 1000 Comprehensive Factor ETF to the Xtrackers Russell US Multifactor ETF meanwhile will help to clarify for inv

How asset managers can improve their voting record on climate in 2021

Investor engagement on climate change has been gaining unprecedented momentum.  A combination of extreme weather disasters, weakening revenues and asset write-downs at oil and gas companies, accelerating clean energy deployment and a new administration with ambitious plans for reducing greenhouse gas emissions is driving this increased investor engagement on climate change. As a result, more companies are disclosing climate-related material risks and sharing information about their transition plans to become net-zero businesses.  Investors are engaging with companies as never before by pairing behind-the-scenes stakeholder dialogue with the one-two punch of filing and supporting public shareholder proposals. All with the goal of encouraging companies to disclose risks and align their business strategies with a net-zero emissions future, in line with keeping global temperature rise to no more than 1.5 degrees. 

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