CSAM loses head of retail to Deutsche
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.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
