Tag : deutsche

JP Morgan hires UBS executive, Mizuho names fixed income head, Threadneedle bolsters business development, Deutsche appoints EM equity head and Sarasin taps MD.

The change comes as Deutsche Bank combines its asset management arm with its private wealth business in a restructuring and rebranding exercise.

Niel Thassim, who left Deutsche Bank’s alternative investments arm last year, has joined the Canadian alternative asset manager. RREEF has seen recent further changes.

The emerging market affiliate of Legg Mason has appointed investments staff in London and is looking to expand in Hong Kong, while adding further EM and Asia ex-Japan strategies to its stable.

Deutsche Bank and Guggenheim Partners are in exclusive talks over the German bank's asset management business, ahead of other bidders including Macquarie, JP Morgan and Wells Fargo.

Deutsche Bank expects the CNH bond market to grow over 50% in 2012, with more products launched. It comes as AsianInvestor hosts its third RMB Rising event in Hong Kong today.

The bank is to announce that David Murphy will join as head of prime finance Asia-Pacific after quitting Deutsche. Hannah Goodwin will take a separate senior role within the team.

Asset managers are lining up to construct dedicated CNH credit portfolios on the back of a flood of bond issuance and a surge in secondary market trading, says Deutsche Bank.

Deutsche Asset Management's institutional arm is mulling specialist products to offset the effects of inflation, as the firm rebuilds its Asia-Pacific business.

The bank adds to the growing tally of internalised crossing networks in Asia, after building its execution expertise in the region over the past year.

Both firms report a surge in new outsourcing contracts, particularly in Asia, over the past few months.

Deutsche Bank Private Wealth Management has expanded its North Asia headcount by seven and made five replacements in the past six months.