In case you’re not aware, ESG stands for “environmental, social, and governance.” It’s essentially Wall Street’s way of describing “investing for a cause” or “do-gooder investing.”
In September 2018, DWS wrote a report about investing responsibly under this basic ESG framework. The company claimed to be a responsible investor for the previous 20 years.
Apparently, the German authorities disagree.
Now, it might seem like this battle doesn’t involve you. But don’t let the problems in the ivory tower fool you... Individual investors face this problem every day.
Unfortunately, it’s not just about DWS. Many funds aren’t quite what they claim to be. And in the end, these misrepresented ESG funds can chew up investors’ gains for no reason.
1 - this is insanity that they’re raiding an office because the investment broker is “overstating” their “green” initiatives.
2 - this is communism and has nothing to do with justice or sound fiscal policy.
Well DSG is important until some DSI gets you on the wrong track. Then AHBL and you have to scramble to GYFB. BTT profits are NM as you look to liability IMC for TL. IMO, this kind of reporting gets lost in all of the unknown and undescribed initials offered. So IWS that posters UEL as a BW of communicating to others. But WTF it is a CAA.