DWS has launched three new funds into the Australian market.
The funds, the DWS Climate Change Fund, the DSW Emerging markets fund, and the relaunched DSW small companies fund, are open to investors today.
The launch is in conjunction of the rebranding of Deutsche Asset Management into DWS for the Australian market.
According to Deutsche Asia Pacific investment specialist Bill Barbour, funds such as the climate change fund have been far more readily accepted by retail investors than those in the institutional space .
"The Australian retail investor now very much accepts that they require a core global equity portfolio and they are now looking to add other sources of alpha that are going to generate returns above the MSCI," Barbour said.
"Products like the climate change fund, agriculture funds and technology funds offer them that opportunity," Barbour said.
"Institutional investors tend to be very conservative because they are driven by the asset consulting community and the asset consultant community is struggling as to where to put these products."
The DWS climate change fund will be seeded with an initial investment of $8 million and expects to close at around $200 million. The fund was launched globally to German investors in February.
