Woods to Head U.S. Distribution at DWS Investments

DWS Investments, the U.S. retail unit of Deutsche Bank’s global asset management division, has announced the appointment of Michael J. Woods as U.S. head of distribution.

Woods has almost two decades of experience covering the U.S. investment market, most recently as the former head of the Financial Intermediaries and Investments Group at Evergreen Investments.

He also was CEO of XTF Global Asset Management, a New York-based quantitative exchange- traded-funds (ETF) asset manager and spent more than six years as U.S. head of Sub-Advisory and IO Business at Citigroup/Legg Mason, according to the announcement.

DWS Investments manages more than $117.7 billion (as of June 30) in retail and retirement assets in more than 135 mutual funds and variable insurance portfolios across all major asset categories in the US, according to the firm.