“We see optimism, but a guarded optimism,” says Mike Ryan, Americas chief investment officer at UBS Global Wealth Management.

Analysts have speculated that the firm may sell DWS as one way to cover the costs of a potential takeover of Commerzbank.

Taking on ESG presents fresh challenges for a $3.1 trillion industry that has grappled with sub-par returns.

Name changes are coming to 94 of the firm’s long-term mutual funds.

In the last five years, the universe of sustainable funds has increased almost 70% to $760 billion in European and U.S. mutual funds and ETFs.

The products have already attracted $1.3 billion in new assets this year, more than half what they took in during 2018.

The new product is expected to be the lowest-cost in the category.

New technology is making it difficult for funds that fail to combine low costs, strong returns and brand equity to earn spots on investment lineups.

Portfolios constructed with companies betting on industrial and social transformations are besting rivals.

A new research company from the rock frontman and TPG Investments will gauge the effectiveness of sustainable investments.