Andrés De Goyeneche was named regional director for Chile, Peru and Uruguay, while Mauricio Perez Lavin was tapped to lead the product division for institutional clients in Chile.
Deutsche: global investors still look to hedge funds, and many plan to increase positions in 2016
Ashley Wilson, who co-authored Deutsche's 14th annual Alternative Investment Survey, noted that investors remained positive about the asset class "despite a challenging year for global financial markets and for hedge funds."
Latin America pummelled by Deutsche Bank consolidation
It remanins unclear what will become of Deutsche's custody businesses in Argentina and Mexico, where it serves as custodian for locally-traded instruments such as funds, ETFs and securities.
Deutsche study shows investor demand fueling dramatic growth of ‘liquid alternative’ investments
Liquid alternative investments like hedge funds are now the fastest growing part of the asset management industry. Alternative UCITS assets have grown over 40% annually since 2008, whilst the hedge fund industry has grown 13% and the wider European UCITS industry only 2%. Alternative mutual funds have grown by 38% annually during this period, compared to 9% for US mutual fund industry.
Deutsche names Andrés de Goyeneche chief country officer of Chilean bank
The executive will continue to be based in Santiago and report to Bernardo Parnes, CEO of Deutsche Bank Latin America, and Alberto Ardura, head of capital markets and treasury solutions, Latin America.
Ricciardi to join Deutsche Bank as head of Latam Global Transacion Banking
Ricciardi will report to Susan Skerritt, Head of Global Transaction Banking Americas and Shahrokh Moinian, Head of Trade Finance and Cash Management Corporates for the Americas. She will be based in São Paulo, Brazil.