New hires boost Deutsche's coverage of insurance assets

Deutsche Asset Management creates a new regional role to develop its business of managing third-party insurance assets.

Deutsche Asset Management, which says it has 25% of the global market share for managing third-party insurance company assets, expects Asia to provide faster growth to this business in the future, and has added executives to expand operations regionally.

It has hired Sam Baker as Asia Pacific head of distribution for insurance in Singapore. Baker previously worked at AIG, where has worked for the past decade in a variety of rolls, most recently as Hong Kong-basedáregional director for group...

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