DWS Wins Golden Diamond Award at TFF-Bloomberg Best Fund Awards 2024

DWS is proud to announce that its DWS Invest Euro High Yield Corporates has been awarded the Golden Diamond award in the category Overseas funds – three years at the TFF-Bloomberg Best Fund Awards 2024 presented by the Taipei Financial Research and Development Foundation (TFF) in collaboration with Bloomberg.

The TFF Bloomberg Best Fund Awards 2024 recognises excellence in fund management and performance. Award winners demonstrated outstanding achievements in delivering strong returns to investors while upholding the highest standards of professionalism and integrity.

In response to receiving this prestigious award, Per Wehrmann, Head of European High Yield said: “We are truly honoured to receive the Golden Diamond award. This recognition is a testament to the dedication and expertise of our investment team, as well as our commitment to outstanding investment solutions for our clients.”

The goal of DWS's investment in European non-investment grade debt funds, which may be funded by principal interest, is to earn above-average returns, with at least 70% of the fund's assets invested in global corporate bonds that were then non-investment grade. The non-investment grade covered bonds with BB+ grade and lower rating, including bonds with D grade and outstanding grade. Up to 30% of the fund's assets are invested in corporate bonds that do not meet the above criteria. Fund managers aim to avoid any currency risk in their portfolios relative to the euro (see the public note for details).

Eva Huang, CEO of DWS Far Eastern Taiwan added: "We are delighted that the DWS Invest Euro High Yield Corporates fund has won this award, which recognises our commitment to delivering returns for our clients while keeping risk management at our core. By leveraging DWS' extensive global investment solutions and deep expertise, we are confidently poised for further growth."

DWS is the world's leading asset manager, offering a comprehensive portfolio of investment options, robust strategies and innovative thinking, with more than 60 years of experience and admiration in Germany and Europe. DWS provides individual and institutional investors with investment options that identify and capture growth potential in major asset classes, and leverages a diverse range of expertise in active, passive, and alternative asset management to create targeted investment solutions for clients through an in-depth and clear understanding of environmental, social, and regulatory aspects.

The Golden Diamond award won by DWS underscores our continuous commitment to excellence and innovation in investment management. It also reaffirms DWS’ position as a trusted partner for investors seeking financial solutions to meet their present and future needs.

Supplementary notes:

The judging of different categories of funds for “Offshore fund awards” is based on data as at 31 December 2023, three-year annualized return (converted into NTD) and risk indicators, calculated using the Bloomberg fund comparison methodology.
The information for the judging of “Offshore fund awards” is provided by Bloomberg. The fund categorisation is mainly based on Bloomberg company’s fund categorisation and references SITCA’s offshore fund classification as a basis. Each fund category should have at least 10 funds before being evaluated.

About DWS Group

DWS Group (DWS) with EUR 896bn of assets under management (as of 31 December 2023) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major liquid and illiquid asset classes as well as solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, giving strategic guidance to our investment approach.

DWS wants to innovate and shape the future of investing. We understand that, both as a corporate as well as a trusted advisor to our clients, we have a crucial role in helping to navigate the transition to a more sustainable future. With approximately 4,500 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.