Join NexChange - the professional
network for the financial services
industry - and receive a free one-
year subscription to Forbes
People Moves: Deutsche builds investment team; Portfolio manager leaves Schroders
Deutsche builds asset management team. Hilary Aldridge and Alex Sloane have joined Deutsche Asset & Wealth Management as equity investment specialists in its UK active asset management business. Aldridge most recently worked as a fund of fund manager at Barclays Global Investments Solutionss. Sloane was an equity analyst at Societe Generale in London. Michael Keough and David Hanlon also joined the firm's institutional global client group in the Americas. Hanlon comes to the firm from F-Squared Investments, and Keough joins from BNY Mellon's investment management unit. Reuters
Portfolio manager leaves Schroders. Rosemary Banyard will be departing Schroders in March after joining the firm in 1997. For the last 17 years, Banyard has worked closely with Andy Brough to head the firm's mid cap funds. Banyard says she is not joining another firm, but is leaving to spend more time with family. CityWire
Sierra Investment Management poaches from Mercer. Sierra hired Spath as CIO, reporting to co-founders Dave Wright and Ken Sleeper. Spath most recently worked for Mercer Advisors, but has also worked for Franklin Templeton Investments, RSF Capital Management, and Fidelity Investments.
JP Morgan insurance lead moves to Neuberger. Neruberger Berman has hired Matthew Malloy as global head of insurance solutions. Malloy most recently worked as global head of insurance solutions and advisory at JP Morgan Asset Management. Malloy has previously worked for Goldman Sachs and UBS Investment Bank. Reuters
Pioneer Investments promotes portfolio manager. Chin Liu has been named portfolio manager of Pioneer's diversified high income trust. The trust was found in 2007, and run by Andrew Feltus, Jonathan Sharkey, and Charles Melchreit. Liu joined Pioneer in 2007 as a portfolio manager for fixed income.