Deutsche Asset Management Americas hired eight people from State...

Deutsche Asset Management Americas hired eight people from State Street Global Advisors and two from other companies to shore up its index, enhanced index, alternative investment and active quantitative investment teams. Deutsche lost 12 passive management staff members earlier this summer to Merrill Lynch. Dean S. Barr joined as managing director and head of global quantitative and index strategies. He previously was CIO of global active quantitative strategies and director of research at SSgA. Mr. Barr will not be replaced at SSgA, said spokeswoman Liz Pease Kennedy. The team now will report directly to CIO Alan Brown. Joshua Feuerman joined Deutsche as managing director of international quantitative strategies. He formerly was a portfolio manager and head of international quantitative equity strategies at SSgA. He was replaced by Michael C. Schoeck, who was the investment manager for SSgA’s international developed markets equity portfolio, said Ms. Pease Kennedy. Richard Goldman joined Deutsche as managing director and head of institutional sales. Previously, he was head of corporate defined benefit sales for SSgA’s northeast region. Mr. Goldman brought with him to Deutsche his defined benefit sales force from SSgA: Maureen Garrity is now director of corporate sales; Catherine Manning is director of institutional sales; and Andrew Salem is vice president of institutional sales. Ms. Pease Kennedy said there is sufficient depth in SSgA’s sales force to assume the duties of the northeast regional team, which will not be replaced. Kenneth Yip also joined Deutsche from SSgA as managing director of quantitative research. Thomas Picciochi joined as director and senior research analyst. Messrs. Yip and Picciochi were analysts at SSgA. Their duties have been assumed by the rest of SSgA’s advanced research team and they will not be replaced, Ms. Pease Kennedy said. Jason Papastavrou joined Deutsche as director of alternative investment strategies. Kevin Brady joined as vice president of international index strategies. It could not be determined by press time where Mr. Brady and Mr. Papastavrou last worked.