DeAM names equity and bond heads

Klaus Kaldemorgen and Heinz Wilhelm-Fesser have been appointed to the new positions of global head of equities and global head of fixed income respectively at Deutsche Asset Management. Both remain managing directors at DWS, the retail fund arm of Deutsche Bank and sister company of institutional fund manager DeAM, where Kaldemorgen is in charge of equity fund management and Fesser is responsible for bond fund management.

In their new positions they will be responsible for traditional equities

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