FRANKFURT (Reuters) – Shares in DWS fell 5.3% in early Frankfurt trade on Thursday following a news report that U.S. authorities are investigating the fund manager after a former head of sustainability said it overstated how much it used sustainable investing criteria to manage assets.
A spokesperson for DWS declined to comment on the report by The Wall Street Journal.
(Reporting by Tom Sims; Editing by Riham Alkousaa)
