(Boursier.com) — Rating agency Moody’s Investors Service has assigned DWS a long-term issuer rating of A2, stable outlook. This is an excellent result, even in the asset management sector. The trigger for rating demand was activity with institutional insurance clients.
With this rating, DWS hopes to offer its customers in the German insurance industry the possibility of securing their insurance contracts in a more capital-efficient way. That’s why DWS decided to seek a long-term issuer rating from Moody’s, one of the world’s leading rating agencies.
This rating may, if necessary, be used in the future for the company’s own financing. Although there are currently no concrete plans to raise capital, this is another step towards independence for DWS. The rating allows DWS to secure and diversify its financing options and thus increase its flexibility.
“DWS’ A2 issuer rating reflects its leading position in its home market, its global geographic footprint, as well as strong financial flexibility, underpinned by very low leverage and strong liquidity,” comments the agency. Moody’s rating.
“DWS’ business diversification is a major asset that strengthens the company’s credit profile. The company’s product line as well as its geographic and customer diversification support stable earnings, even in times of market volatility. market,” she added.
“The stable outlook reflects Moody’s expectation that DWS will maintain its strong market position in its selected segments and pursue growth opportunities in selective areas, managing its spend base in a disciplined manner,” concludes Moody’s. .
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