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Deutsche AM appoints new co-heads of global equity

Deutsche AM appoints new co-heads of global equity

Deutsche Asset Management has appointed two co-heads of global equity to succeed Henning Gebhardt when he leaves the firm at the end of this year.

Citywire + rated André Köttner and portfolio manager Thomas Schüssler will take on the role in January 2017, Deutsche AM has confirmed.

The managers currently run several firms at the company including the DWS Top Dividende fund.

Gebhardt announced plans to depart the company in September 2016. He will join Berenberg Bank as chief investment officer at the start of next year.

In his new post, Gebhardt replaces the firm's current CIO, Manfred Schlumberger, who has held the position for a year.

At Deutsche AM, Schüssler will also take on the position as interim head of US equities, after the departure of Joe Benevento.

Gebhardt’s two funds, the DWS Aktien Strategie Deutschland and DWS Investa funds, will be managed by Citywire A-rated Tim Albrecht.

Georg Schuh has been named as CIO for EMEA. He has been managing Deutsche Bank’s pension fund and the Deutsche Invest II Multi Opportunity fund.

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