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DWS makes raft of senior staffing changes

As it brings together business units to streamline its operations


Pete Carvill

DWS has hired Peter Brodehser as head of its infrastructure investment team in Frankfurt. Joining him will be Katharina Thomas, previously head of portfolio management at Talanx subsidiary Ampega, where she and Brodehser worked together.

Elsewhere, DWS said that Bjorn Jesch will become the new global chief CIO of the firm, alongside his current CEO role. He will be leading the chief investment office, multi asset & solutions and the research house, all of which are being brought together under his leadership.

The firm also said that active equity and fixed income (including cash) are being brought together in its active business unit, with overall responsibility falling to Vincenzo Vedda. Most recently, Vedda led the European (ex Germany and Austria) client coverage team and was responsible for DWS’ global wholesale business. Prior to that, he was global head of trading.

Elsewhere, DWS said that the systematic investments solutions unit, which has been under the responsibility of Fiona Bassett, will be combined with trading to the new systematic solution and implementation platform business unit headed by Bassett.

Further, Alexia Giugni takes over as head of client coverage division EMEA (ex Germany and Austria), while retaining her role as country head for Italy.

And, finally, DWS said that Gero Schomann will lead the global wholesale client coverage segment in future. Schomann will retain his previous role as head of client coverage for Germany and Austria.

Regarding the hiring of Brodehser, Stefan Kreuzkamp, chief investment officer and head of investment division at DWS, said: “With Peter’s appointment we are expanding our team of experts in Frankfurt to broaden our clients’ access to infrastructure investments. The importance of investing in high performing infrastructure across Europe is becoming abundantly clear due to geopolitical developments, and we expect investor interest in infrastructure to continue to grow.”