Deutsche hires Grenier from Fidelity

Grenier, who will begin his new job in mid-June, will report to Kevin Parker, DeAM's global head. Grenier’s speciality fixed income remit encompasses management of a variety of assets beyond straightforward investment-grade debt, including structured credit, high-yield and emerging market debt.

Prior to joining Deutsche, Grenier was at Fidelity for 15 years. Most recently he had responsibility for investment groups that managed more than $500 billion worth of assets.

Grenier will become a member of DeAM's operating committee.

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