Deals & People September 7, 2010

DWS Investments Appoints New Director

The U.S. retail unit of Deutsche Bank’s global Asset Management division announced Michael Hughes has been named Director and Senior Account Manager, responsible for National Accounts.  
Reported by

Hughes will be responsible for handling relationships with national and regional broker/dealer and bank channels. He will be based in Chicago and will report to Michael Woods, a Managing Director, CEO and US Head of Distribution for DWS Investments Distributors, Inc. 

Hughes is joining DWS from Van Kampen, where he worked as an executive director in national accounts. 

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

“We are delighted to welcome Michael to DWS Investments,” said Woods. “His experience and success working with national and regional broker dealers and banks will be central in helping us to meet the changing-needs of our growing client-base. 

 

Products September 7, 2010

Transamerica Unveils Value Fund

Transamerica Asset Management Group will introduce Transamerica WMC Quality Value in November 2010.

Reported by

A news release said the strategy is sub-advised by Wellington Management Company, LLP, and seeks returns in excess of the Russell 1000 Value Index with less downside risk.

Transamerica WMC Quality Value is managed by a team of portfolio managers, averaging 21 years of experience. Vice president Matthew G. Baker leads Wellington Management’s Quality Value investment team.

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

In addition to the Class A share class, Transamerica WMC Quality Value will be available in the following share classes: C, I, I2 shares.

 

«