Deutsche Asset Management has expanded its Singapore investment management team by hiring Ernie Tam and bringing back Amy Low from its London office, a net gain of one, says Andrew Fay, Sydney-based CIO for Asia Pacific.
The move was partly precipitated by the transfer of senior investment director Terrence Grey to New York last year, opening a hole. But the firm has also sought to expand its capacity. Fay says neither Tam nor Low is an exact replacement for Grey rather they represent the firm's growing regional presence.
Tam, for example, will help DeAM's Korea equity team construct portfolios as regional portfolio manager. The firm now has 10 investment...