UK - John Murray has been hired as managing director and head of Deutsche Investment Trust Managers.
He will report to Paul Berriman, Deutsche Asset Management’s chief executive officer, UK.
Murray arrives from Govett Investments, which he joined in 1994, where he is deputy chairman and managing director investments. His career in the fund management industry spans 20 years, including Provident Life 1982-1988, Crown Life 1988-1990, Touche Remnant Investment Management 1990-1992, and Henderson Administration 1992-1994 where he was a director of Henderson Pension Fund Management.
“This appointment reinforces our commitment to this business which we intend will play an increasingly significant role in developing the asset management franchise in the UK,” said Berriman.
Murray replaces James Fox who will retire in May 2003 after 17 years with DeAM and Morgan Grenfell, which he joined in 1985. Fox began his city career at Hill Samuel in 1968.
“James’s 34 years of experience in our industry has given him a unique perspective. We have often been able to draw on this experience, and we will miss his contribution to the development of our business,” Berriman added.
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