Philipp Brugger

DWS Investment is an active, GARP-oriented manager which manages mutual funds invested globally across a broad range of asset classes, regions and sectors. They construct portfolios which take into account environmental, social and governance issues. They have particular expertise in German and international large-cap equities and seek to invest in companies with an attractive risk/reward profile in sectors such as healthcare, telecommunications, oil, alternative energies and infrastructure-related activities. The firm's investment philosophy emphasizes the reactivity and independence of small, dedicated investment teams, as well as close collaboration between equity, balanced, fixed-income and currency specialists. Their fundamental research process comprises an extensive program of company visits and management meetings. Their global network of analysts uses the proprietary G Cube Intranet-based research and communication platform which provides real-time access to information gathered locally. DWS Investment prefers to invest in strong companies in developed markets, targeting dividend-paying companies with a low gearing ratio and management teams with a proven track record. They utilize a bottom-up investment process based on a discounted cash flow model.

Blackrock-Deutschland is a passive investor which specializes in index tracking in addition to special funds. They aim to replicate indexes as closely as possible while minimizing transaction costs in the management of ETFs. The firm offers a wide range of ETFs based on national indexes, with a strong focus on European countries, including Germany, the UK, Switzerland, Austria and the US, as well as indexes of whole regions such as the Dow Jones EURO STOXX 50 SM EX and the Dow Jones EURO STOXX SM EX.

DWS’ strategies incorporate a disciplined investment process and sophisticated risk management which builds on the research expertise and global resources and alternative asset management expertise of Deutsche Bank to leverage first-hand, real-time insight from a global research engine that links analysts and investment professionals worldwide.