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Khanna to head US large cap value equities at Deutsche unit.

BANKING AND CREDIT NEWS-July 14, 2014--Khanna to head US large cap value equities at Deutsche unit


14 July 2014 - German financial services firm Deutsche Bank AG's (NYSE: DB) Deutsche Asset & Wealth Management (DeAWM) unit said it has hired Deepak Khanna as head of US large cap value equities effective July 16 2014.

In his new role, Khanna will be responsible for managing investment strategies focused on US large cap value stocks.

His appointment further bolsters DeAWM's equity investment team in the Americas. Among other hires, in April 2013 the firm added a US head of small and mid cap value equities team led by Richard Glass.

Khanna, a managing director, will be based in New York and will report to Owen Fitzpatrick, head of US equity. He joins from Lord, Abbett & Co., where he was a portfolio manager of large cap value and multi cap value strategies.

Deutsche Asset & Wealth Management posted USD 1.29tn of assets under management as of March 31, 2014.

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1 USD = .58 GBP

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Publication:M2 Banking & Credit News (BCN)
Date:Jul 14, 2014
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