Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:DeAM Brings European Manager to American Investors Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, July 21, 2006

DeAM Brings European Manager to American Investors

by: Sean Hanna, Editor in Chief

The folks at Deutsche Asset Management (DeAM) are continuing the turnaround attempt at DWS Scudder by adding to more funds to their complex. On Friday the firm opened an international value fund and a global REIT fund to investors. Axel Schwarzer, chief executive officer of DWS Scudder, said that the two funds are part of an effort to bring the German bank's global investment expertise to investors in the United States.

The two new open-ended funds are the DWS International Value Opportunities Fund and the DWS RREEF Global Real Estate Securities Fund. The latter fund is managed by a team led by Klaus Kaldemorgen, global head of Equities for Deutsche Asset Management. Kaldemorgen is a German based in Europe and a 24-year veteran of DWS. This is the first time that he is managing a U.S. mutual fund.

The REIT fund is sub-advised by RREEF America. John Robertson is leading the portfolio management team for that firm.

"The addition of DWS International Value Opportunities Fund and DWS RREEF Global Real Estate Securities Fund to the DWS product line-up offers US investors the experience and global perspective of two of Deutsche Asset Management's most successful businesses -- DWS and RREEF," said Schwarzer. "With Klaus Kaldemorgen and John Robertson at the helm of these two funds, we are delighted to provide US investors with the opportunity to tap into our global investment expertise and skills of these particular managers."  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use