Deutsche Bank expands integrated investment solutions team in New York

Deutsche Bank Securities has expanded the integrated investment solutions group within its global markets division, with the appointments of Phil Li as a director, and Robert Painter and Guillermo MacLean as vice-presidents.

All three are based in New York.

Li will securitise non-traditional risks for distribution to institutional clients. He joins from ABN Amro, where he was head of structuring and analytics in the asset-backed securities and CDO origination group.

Painter will structure investment products and hedging instruments for insurance companies. He joins from Conning Asset Management, a subsidiary of Swiss Re, where he was an asset-liability management adviser, developing customised investment strategies for insurance asset management clients.

MacLean will focus on developing new investment content, such as customised, investable indexes, for both institutional and retail customers. He was previously a senior research analyst at Sanford C. Bernstein, and a corporate development strategist at Putnam Investments.