Investment firm, DWS, is revamping its higher management team, Mutual Fund Wire reports. The current global distribution and product management head, Ingo Gefeke, is taking a new role in Deutsche Asset Management in New York. CEO and distribution head at DWS Investments Americas, Mike Woods will continue in his role, while Axel Schwartzer is leaving the company. Klaus Kaldemorgen, who will focus exclusively on money management, is passing on his current responsibilities at DWS to Wolfgang Matis.
Click here for the story from Mutual Fund Wire.