DWS Shows Resilience Amid Covid-19

The transcript covers a discussion on maintaining dividends despite regulatory pressures, analyzing net outflows due to market dislocation, and observing client investment behavior during the pandemic. It also explores potential M&A opportunities post-crisis and the transition to remote work, highlighting the firm's operational resilience and future work dynamics.

What decision did the company make regarding its dividend in light of the pandemic?

• Reduce the dividend by half

• Cut the dividend completely

• Maintain the dividend

• Increase the dividend

What was the primary reason for the net outflows in the first quarter of 2020?

• Government intervention

• Higher interest rates

• A shift to safer assets

• Increased investment in real estate

During the pandemic, what trend was observed among clients with liquidity?

• Increased investment in technology stocks

• A conservative shift back into certain asset classes

• A move towards high-risk investments

• Complete withdrawal from the market

How did the company view the potential for M&A activity post-crisis?

• As a catalyst for change

• As an unlikely event

• As a non-priority

• As a risk to be avoided

What percentage of the company's staff was working from home during the pandemic?

• 50%

• 70%

• 100%

• 90%

What was a key factor in the company's ability to adapt to remote work?

• Increased office space

• Operational and technology resilience

• Hiring more staff

• Reducing working hours

What impact did the pandemic have on the company's approach to technology?

• Eliminated the need for technology

• Forced acceleration of technology use

• Reduced investment in digital channels

• Slowed down technological adoption