Deutsche Asset & Wealth Management (DeAWM) has hired three Regional Vice Presidents to support the growth and coverage of its US exchange-traded products platform in the Midwest and Texas.
The team reports to Mick McLaughlin, Head of Passive Distribution in the Americas.
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"We have been strategically expanding our passive asset management sales team," said McLaughlin. "Our goal is to provide extensive coverage and services across the U.S."
"In just a short time, our U.S. platform has successfully expanded its product offering and distribution team, delivering unique and sophisticated products to our clients," said Fiona Bassett, Head of Passive in the Americas. "We are focused on maintaining this positive momentum as we strive to be a market leader in the U.S. passive industry."
Steve Dunn has joined the Firm as an ETF Regional Vice President, covering ETF strategists for national accounts. Dunn joined from BlackRock, where he was most recently a Director for the iShares sales and distribution strategy team. Dunn has spent nearly 15 years covering ETFs and has over 18 years of industry experience.
Brian Szitanko has joined the Firm as an ETF Regional Vice President, covering the Great Lakes region. Prior to DeAWM, Szitanko was a Regional Director at TS Capital. Before that, he spent nearly 15 years as a wholesaler for Legg Mason Global Asset Management and Citigroup Asset Management.
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By GlobalDataLisa Poniewaz has joined the Firm as an ETF Regional Vice President, covering Texas. Poniewaz joined from BlackRock, where she most recently was an Associate in the business development group of iShares.
The expansion of the passive distribution team is part of DeAWM’s latest push to further expand its product offerings, increase outreach to investors, and continue to build its market share in the Americas. In June, the Firm announced that it had hired four ETF Regional Vice Presidents to cover the West Coast region. Earlier this year, Dodd Kittsley joined the firm as the Head of Exchange-Traded Product Strategy in the Americas.
In addition to strategic hires, DeAWM has recently launched several products to meet the needs of its clients, including the first ETF to provide broad access to the available Chinese equity market, db X-trackers Harvest MSCI All China Equity Fund.
