Credit Suisse Asset Management’s (CSAM) head of retail distribution Chris Larsen has left his role to take up the same position at Deutsche Asset Management (DeAM).
Larsen will begin his role in mid-February, and will be responsible for growing the retail business of the international manager, which will be launching new global and alternative investment funds later in the year.
Larsen will also be actively involved in DeAM’s annual global investment road show, which will be targeting financial planners in 30 regional centres across Australia.
CSAM’s head of retail funds Brian Thomas said: “It is sad to see Chris go; he’s done a lot of hard work during his two and half years here.
“We have started the process to find a replacement but given all that is going on at Credit Suisse we are looking forward to 2006. Funds performance is strong across all products, we are kicking off our road show in early February, which gets to over 4,000 advisers, and under this one bank restructure we’ve got access to much more funds management capability throughout the whole of Credit Suisse.”
DeAM is the global asset management business of Deutsche Bank, and was ranked by Standard & Poor’s as a top 10 fund manager in September 2005.
