Deutsche Asset & Wealth Management (DeAWM) has appointed James Dilworth, formerly CEO for Europe at Allianz Global Investors, as head of active asset management.
Deutsche Asset & Wealth Management (DeAWM) has appointed James Dilworth, formerly CEO for Europe at Allianz Global Investors, as head of active asset management.
Dilworth will become CEO of Deutsche Asset & Wealth Management Investment, subject to regulatory approval. He will also join the DeAWM executive committee and become a member of Deutsche Bank's regional management committee for Germany.
Based in Frankfurt, Dilworth will be responsible for the strategic development and positioning of DeAWM's active investment solutions globally, across equities, fixed income and multi assets. He will report to Michele Faissola, head of Deutsche Asset & Wealth Management.
Dilworth joins from Allianz Global Investors, where he was CEO for Europe and a member of the global executive committee. Prior to this, he was CEO for Germany at the company. Before Allianz, Dilworth was CEO of Morgan Stanley Investment Managers EMEA and also spent seven years as managing director for Goldman Sachs Investment Management in Frankfurt.
Dilworth takes over as head of active asset management from Wolfgang Matis, who retired from the firm in June.
DeAWM manages around €490 bn of assets in active strategies, out of a total of €934 bn, and employs over 400 active management investment professionals.
