DWS Group GmbH & Co KGaA

DWS: XFRA (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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DWS: We Upgrade Our Moat Rating to Narrow on Proven Execution and Clear Strategy

Johann Scholtz , Svetlana Menshchikova

Nov 21, 2025

We have updated our view on DWS following the substantial efforts that management has made to streamline the operating model and sharpen strategic focus.

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DWS Group GmbH & Co KGaA

DWS: We Upgrade Our Moat Rating to Narrow on Proven Execution and Clear Strategy

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