Stephan Werner

Head of Investment Strategy Equity, Senior Portfolio Manager and Team Leader

Frankfurt Rhine-Main Metropolitan Area

About

Senior equity investment professional with 19 years of experience managing global equity income, thematic, and commodity strategies. Lead portfolio manager of flagship funds with up to €25bn AuM. Proven track record in alpha generation, AuM growth, sector specialization in commodities and agribusiness, and engagement with institutional and retail clients globally.

Experience

  • DWS Group (19 yrs 2 mos)
    • Head of Investment Equity Strategy, Senior Portfolio Manager, Sector Head Materials and Teamleader
      May 2007 - Present · 19 yrs 2 mos

      Co-Fund Manager of DWS's flagship global equity income fund, DWS Top Dividende / Invest Top Dividend (combined €25bn+ in AuM) since January 2015. Lead Fund Manager, DWS Invest Global Agribusiness ($300m AuM) since October 2016 Investment focus: equity investments across the full agribusiness value chain (''from farm to fork”). Lead Fund Manager, DWS Invest Top European Dividend (€450m AuM), from March 2016 - October 2022, subsequently deputy fund manager. Deputy Fund Manager DWS Global Value (€1.6bn AuM) since 2023. 2008 - 2014 Lead Fund Manager of several other DWS retail funds and institutional mandates: DWS Gold Plus, DWS Invest Commodity Plus, DWS Energy and CSE Institutional Commodity Equities. Deputy Fund Manager DWS Global Metals & Mining, DWS Invest Gold and Precious Metals and DWS Noor Gold and Precious Metals (in total approx. €2bn AuM). Other responsibilities and experiences: Member and Team Lead in global equity income team (€35bn+ AuM), responsible for Materials, Energy, Commodities, global equity income generalist. DWS Global Sector Head Materials, sector specialist for Commodities, focusing on Agriculture, Metals & Mining and Chemical Equities. Member of DWS Equity CIO View committee. Frequently representing DWS and fund interests at annual shareholder meetings and in meetings with top management of leading global publicly listed companies; participation in field trips, international conferences and investment committee meetings. Fund marketing, client roadshows, media interviews, sector and equity presentations, lectures, reporting, performance analysis and attribution. Trading experience in FX, equities, futures, forwards, fixed income (treasuries, corporates, and ECPs), options, swaps, ETFs & ETCs, indices and certificates. Interaction with international and domestic institutional clients, fund selectors and Morningstar.

    • Portfolio Manager
      Sep 2011 - Dec 2014 · 3 yrs 4 mos

      RREEF Commodity Advisors / Alternative Real Assets

    • Analyst & Portfolio Manager for Commodities and Commodity Equities
      May 2007 - Sep 2011 · 4 yrs 5 mos

      Fundmanager DWS Invest Commodity Plus and DWS Gold Plus, Global Analyst for Commodites and Commodity Equities, Agricultures, Chemicals, Metals and Mining and Energy