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What's New In Investments, Funds? - DWS, Morgan Stanley, Others

Editorial Staff

4 August 2020

DWS
has launched an equity active fund playing into investment ideas about curbing climate change – a continued theme in financial services worldwide.

The firm has rolled out the Fulcrum Climate Change Fund, which is a diversified global equity fund aligned with the Paris Agreement’s target of keeping the global temperature rise this century below 2 degrees Celsius. Launch assets under management are expected to be £70 million ($91.4 million).  

The fund is expected to hold between 150-200 stocks invested across 25 themes, Fulcrum said. It is offered as a Luxembourg-domiciled SICAV – UCITS structure.