Bringing you live news and features since 2006 

DWS acquires minority stake in digital ESG-scoring provider Arabesque S-Ray


DWS Group (DWS) has acquired a minority stake of 2.68 per cent in Frankfurt-based ESG-scoring provider Arabesque S-Ray. Furthermore, both parties want to cooperate going forward. 

The parties agreed to maintain confidentiality on the price of the transaction and further financial details. The closing of the transaction has already taken place.
Arabesque S-Ray offers a variety of services and products in the field of ESG. Via its innovative data tool S-Ray, it monitors and allows clients to assess the sustainability performance of more than 7,000 listed companies according to a range of parameters: Through machine learning and big data, S-Ray systematically combines over 200 environmental, social and governance (ESG) metrics with news signals from over 30,000 sources published in over 170 countries and derives ESG information. It offers a variety of scores that are calculated through machine learning algorithms.
DWS plans to use S-Ray’s scores as an additional source for its ESG Engine. This further enhances DWS’ leading ESG capabilities to deliver innovative tailor-made solutions to its clients. Cooperating with Arabesque and adding their outstanding expertise in sustainability and in scoring technologies, DWS underscores its pledge to use next generation ESG scores to meet future challenges as part of its overall commitment to sustainable investment.
”Sustainability is at the core of what we do. We want to continue to deliver new solutions to our clients and make even better investment decisions for them in this paradigm-shifting era. Our investment in and cooperation with Arabesque S-Ray is another step for DWS towards taking a leading position in the field of sustainable investment,” says Asoka Woehrmann (pictured), CEO of DWS.
“Sustainability is shaping the future of every major company across the world, as well as the actions of investors with trillions of dollars of assets under management. We are thrilled to welcome DWS as investor in Arabesque S-Ray, and look forward to working together to lead the market in the adoption of ESG data technology,” says Andreas Feiner, CEO of Arabesque S-Ray.
In addition, DWS is in exclusive talks with Arabesque about a potential significant minority stake in Arabesque’s AI Engine to strengthen DWS’ AI capabilities. The AI Engine combines big data, machine learning, and high-performance computing in order to build an intelligent system to especially predict stock price developments. Together, the two partners intend to develop the AI Engine further – combining DWS’ financial markets expertise with Arabesque’s digital and machine learning know-how – as the trend towards automation and digitalisation in the asset management industry continues. The collaboration could also lead to new investment strategy offerings including sophisticated AI products.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by