DWS names Head Systematic Investment Solutions, Americas
Asset manager DWS has promoted Arne Noack to Head Systematic Investment Solutions, Americas.
Last year, DWS launched its SIS business to further integrate quantitative data into its index investing strategies. Noack will report directly to Fiona Bassett, Global Head Systematic Investment Solutions at DWS and continue to be based in New York. The appointment is effective immediately.
“Having helped pioneer the launch of DWS’ ETF business in Europe since 2007 and helping with the development of innovative product solutions in the US since 2015, Arne brings with him a strong track record of success and innovation from across the firm, which will be critical for the continued growth of the passive business in the US,” says Bassett. “We’re confident he has the expertise that will help accelerate our place in the marketplace and continue the track record of bringing innovative solutions to clients.”
DWS’ passive businesses achieved notable growth in 2020 by close to USD3 billion, with record inflows into the firm’s ESG and High Yield bond ETF products. The firm continues to expand its ESG ETF product suite, having launched three new fixed income ESG ETFs in 2020, and the Xtrackers suite was recently honoured by Fund Intelligence as its 2020 ETF Suite of the Year.
“With our strategic approach along the lines of innovation, value and access in the US ETF market, DWS is well positioned for continued growth and I look forward to servicing our clients across the board by building on the solid foundation created for the SIS business in the Americas,” says Noack. “As we continue our focus on providing unparalleled value to investors, implementing robust technology, data and analytics into our investment processes across the SIS business will be a key priority.”