DeAM strengthens NA Alternative and Quantitative Business teams
Deutsche Asset Management (DeAM), has recruited Stephane Amara and Eddie Vandiver to develop its Alternative and Quantitative Business in North America.
DeAM this week announced the appointment of Stephane Amara as Director of Alternative and Quantitative Business Development in Canada and Eddie Vandiver as Director of Alternative and Quantitative Business Development Group in the US for its Quantitative Strategies business.
Amara will report to Geoff Moore, Head of DeAM's Business Development and Client Service, Canada, while Vandiver will report to Marco Veissid, Head of DeAM's Alternative and Quantitative Business Development Group for North America.
Amara will be responsible for institutional sales and client service in western Canada, and with selected institutions in Quebec and Ontario. From 2001, he was the Head of Sales and Consultant Relations, Canada, for Bank of Ireland Asset Management, where he developed new business, created new product channels and maintained relationships with the investment consultant community.
Previously he was with BNP Paribas in Institutional Sales and Equity Derivatives, and also with the Republic National Bank of New York, where he developed and managed corporate treasury relationships for its Montreal office.
Vandiver will work with Managing Director Jerry Thimme to further develop DeAM's institutional public fund business in the US. He joins DeAM with 34 years of experience in the industry. His previous roles included responsibility for public pension fund sector sales at AIG Global Investment Group and Mellon Equity Associates. He is a former chief investment officer at Public Employees Retirement System of Mississippi, and investment manager at Southern Farm Bureau Casualty Insurance Company.
Amara holds a Bachelor of Commerce degree from McGill University, Montreal, along with Chartered Financial Analyst and Chartered Alternative Investment Analyst designations.
Vandiver holds a BBA from the University of Mississippi and an MBA from Mississippi College.
DeAM's Quantitative Strategies Group works with clients to leverage its global expertise in quantitative analysis, research, portfolio management and infrastructure. This group manages assets across multiple strategies, including Portable Alpha, US, International and Global Equity, Tax Managed Equity, Multi-Asset Class and Currency Overlays. As of December 31, 2005 the group had over USD 57 billion in assets, including assets under management, assets under administration and notional asset values.
Deutsche Asset Management is the global asset management business of Deutsche Bank AG, with AUM of USD 630 billion (as of 12/31/05). DeAM provides asset management capabilities to a variety of clients worldwide including foundations, non-profit organizations, public and private superannuation funds, high-net-worth individuals and retail investors.
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