Deutsche
Deutsche AM revenue down 12%, Wealth down 8%
Deutsche Asset Management reported a net revenue decrease of 12% in the first quarter, dropping to €736m (£571.2m, $832.4m) from €840m in 1Q15.
People Moves | 19 Apr 16
PEOPLE MOVES: Deutsche Bank, Fidelity, Charles Stanley
A senior figure at Deutsche Asset Management is take to a medical leave of absence, as parent company Deutsche Bank bolsters its compliance and anti-financial crime divisions. Fidelity has poached a portfolio manager from Henderson Global, while Charles Stanley is to suffer a senior departure.
People Moves | 29 Mar 16
PEOPLE MOVES: AIG Singapore, Deutsche Bank, Generali, Thesis
Former Axa head Michael Bishop joins AIG Singapore’s board of directors, while Deutsche Bank hires a new chief governance officer. Generali Real Estate chief executive Christian Delaire resigns and asset management firm Thesis appoints Mike Hughes as a non-executive director.
Phoenix swoops in on Abbey Life
Closed book pension provider Phoenix Group is reportedly making a move on Deutsche Bank’s UK insurance unit, Abbey Life.
People Moves | 14 Mar 16
HSBC GAM names Rudd head of UK wholesale
HSBC Global Asset Management has announced the appointment of Dan Rudd as head of wholesale, UK.