DWS

Passive mandates offer efficient exposure to various risk/return profiles in the equity and fixed income space by replicating custom indices or bespoke strategies based on standard indices, including option-based overlays for risk-protected equities.

In this new 'Passive Manager of the year' category, Insurance Asset Risk looked to recognise a manager that demonstrated strong returns, provides excellent customer service and shows a true understanding of the needs of their clients.

DWS offers its insurance clients full flexibility in passive investing across asset classes, from fully flexible implementation of strategic asset allocation and liability driven criteria to allocation optimisation.

The asset manager's clients can use the exchange-traded funds (ETFs) tactical allocation and for transition management, as well as efficient building blocks for multi-asset unit-linked products.

Moreover, environmental, social and governance factors are fully integrated across both passive mandates and Xtrackers ETFs.

Manooj Mistry, head of ETFs and index investing, said: "DWS has over 20 years' experience in index investing, and today we are a leading provider of tailored portfolio index solutions and ETFs. We saw significant inflows on the insurance side last year, ranging from managing index mandates, to unit-linked solutions in Europe with our UCITS ETFs as building blocks, and insurance clients utilising tax-efficient US-domiciled Xtrackers ETFs for ESG-filtered exposure to US equities."

Mistry added that, for example, in March last year DWS listed the Xtrackers MSCI USA ESG Leaders Equity ETF in New York, which has attracted over €1.2bn in investment from Finnish pension insurance company Ilmarinen.