Key changes to Deutsche Asset Management
Deutsche Asset Management has announced key changes to its team, with Chris Larsen being appointed to head-up the Asset Management business following the departure of Andrew Fay at the end of this year.
Larsen, who was previously responsible for Asset Management distribution, has been appointed deputy head of Asset Management and will become head of Asset Management from January 1, next year.
At the same time, John Dorrian will assume the role of head of RREEF in Australia.
Deutsche said the succession plan had been generated by Fay’s decision to leave the organisation and take an extended break from full-time involvement in the industry.
AUTHOR
Mike Taylor
Recommended for you
Financial advisers are demonstrating growing interest in crypto ETFs, with momentum pushing assets in these products past $800 million.
AMP CEO Alexis George has said addressing Australians’ retirement concerns should be "front and centre for policymakers” after its research revealed only half of Australians are confident about their retirement.
LGT Crestone has announced a rebrand, marking a “decisive milestone” following its acquisition of Commonwealth Bank’s high-net-worth financial advisory business in June.
The launch of a low-cost menu for BT Panorama will allow advisers to service a wider range of clients from one platform and potentially run a more profitable business, according to specialist Recep Peker.
