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Stock impact report

The New Germany Fund, Inc. Announces Portfolio Manager Changes

New Germany Fund, Inc. (The) (GF) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The New Germany Fund, Inc. (NYSE: GF) (the “Fund”) announced today that Leon Cappel will replace Valerie Schueler as the Fund’s portfolio manager effective March 1, 2023. Mr. Cappel currently serves as the Fund’s deputy portfolio manager and has been a member of the Fund’s portfolio management team since 2022. In addition, effective March 1, 2023, Alexander Lippert will replace Mr. Cappel as the Fund’s deputy portfolio manager.Mr. Cappel joined the German equity team at DWS in 2019. He received a BSc and MSc in Business Chemistry from Heinrich Heine University Duesseldorf.Mr. Lippert joined the German equity team at DWS in 2022. He received a BSc in Economics from the University of Mannheim at HEC Lausanne.For more information on the Fund, including the most recent month-end performance, visit www.dwsfunds.com or call (800) 349-4281.Important InformationClosed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offe Show less Read more
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