DWS announced the promotion of Arne Noack to Head Systematic Investment Solutions, Americas. This appointment represents the continued growth of DWS’s passive business in the U.S. and supports the firm’s ambitions to provide investors with unique access to markets through ESG and advanced data strategies. Last year, DWS launched its Systematic Investment Solutions business to further integrate quantitative data into its index investing strategies. Arne will report directly to Fiona Bassett, Global Head Systematic Investment Solutions at DWS and continue to be based in New York. The appointment is effective immediately. DWS’s passive businesses achieved notable growth in 2020 by close to USD 3 billion, with record inflows into the firm’s ESG and High Yield bond ETF products. The firm continues to expand its ESG ETF product suite, having introduced three new fixed income ESG strategies in 2020, and the Xtrackers suite was recently honored by Fund Intelligence as its 2020 ETF Suite of the Year.