Katharina SeilerSenior portfolio manager (senior portfolio manager) of the funds DWS Invest II Esg Top Dividend FC and DWS Invest Esg Social FocusMadrid has visited recently and answered the Fundsnews questions. Oct 04, 2025 Act. At 06:00 the funds managed by Katharina Seiler invest mainly in shares of American emitters of which a Performance by dividend superior to the average; and the investment universe is mainly defined by the environmental and social aspectsand for the Principles of Good Governance. These are his Interesting reflections On several important issues, and that charge special relevance at the present time.
Have investors lost interest in this type of companies with the arrival of Donald Trump to the White House?
Geopolitical events and changes in American leadership influence, as is natural, investment narratives. With Donald Trump’s return to the political scene, we are observing a Reconfiguration of economic alliances and regulatory expectations. This has displaced the focus of attention in some areas, especially around the sustainability. While the initial impulse behind the ESG criteria may have decreased, the fundamental principles have not been lost, but are evolving. Investors are adapting to a more complex environment in which sustainability is increasingly integrated into broader strategic and risk contexts.
Is it a good time to invest with socially responsible criteria?
Socially responsible investment It is still very relevantespecially in a world that faces environmental, social and governance challenges. Of course, it is an inverter’s choice, but we believe that reflections on ESG not only have to do with values, but also with risks. Ignore ESG factors can expose companies to Reputational, regulatory and operational risks that can deeply harm their business models and, ultimately, to the Investor profitability. Although some investors may take to recognize it fully, long -term advantages In integrating ESG criteria into investment decisions are increasingly evident.
Do you consider investing in weapons companies?
Noin DWS We completely exclude the arms companies of our specific ESG funds. Our approach is governed by a set of clear and coherent ethical principles, in line with the expectations of our clients. We believe that the creation of long -term value should go hand in hand with responsibility, which includes sectors that enter into Conflict with our standards of sustainability and governance.
Is it a problem to invest in companies associated with artificial intelligence consumed by many resources to develop their systems and services?
All technological innovation entails some High initial costsand AI is no exception. That is why our investments in this area are so important: they contribute to Promote efficiency and accelerate the development of more sustainable solutions. The AI is now deeply rooted in all sectors; It is no longer possible to isolate it from the basic operations of a company. We are closely supervising energy consumption associated with the development of AI. Although we cannot always verify with total certainty the exact source of the energy used, we actively collaborate with companies to understand their energy strategies and Promote the use of sustainable and environmental sources. Responsible innovation and transparency are fundamental to ensure that technological progress conforms to climatic objectives.