DWS Invest Global Emerging Markets Equities - Under Review

FUND RESEARCH UPDATE: Fund placed Under Review.

Ruli Viljoen 1 August, 2013 | 12:05PM
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Following the news that Robert Kalin, lead fund manager of the DWS Invest Global Emerging Markets Equities fund, has stepped down, we have moved the fund’s Morningstar Analyst Rating™ to Under Review. The fund previously held a Neutral rating. The new lead manager is the previous deputy manager Marco Ravagli. There was also change to the strategy, however: The investment universe was previously limited to stocks of the BRIC countries. Along with the manager change, the fund’s investment universe now encompasses the whole emerging-markets stock universe. Therefore the fund’s name also changed from DWS Invest BRIC Plus to DWS Invest Global Emerging Markets Equities. We plan to discuss the effect of these changes on the fund with new manager in the near future.

To see all the latest fund rating news click here.

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Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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