DWS Furthers MMF Transformation
BEST MONEY MARKET FUND INNOVATION
The commitment some businesses are showing to ESG is impressive, and for DWS, its long-term pledge to do the right thing is properly acknowledged in the TMI Awards 2020. As Reyer Kooy, Head of Institutional Liquidity Management for EMEA and APAC told TMI, “DWS is delighted to win the TMI Award for innovation in money market funds for the second year running. 2020 was a year of extraordinary growth for money market funds globally. It was also an important year for the world’s engagement with ESG. This TMI award encapsulates these two notable developments. DWS is very proud of its global franchise and long heritage in money market funds, and we are particularly pleased to be recognised for our commitment to ESG.”
Of course, DWS is a world-class asset manager of money market funds (MMFs) with clients across all major time zones, delivering manufacturing and credit expertise globally. As a truly European firm, it continues to play an important role in the European MMF industry, not just in terms of regulatory developments, through its close involvement with the Institutional Money Market Funds Association, but also in driving the agenda for ESG investing.