Peter Harrison will become chief investment officer for Europe and Asia Pacific at Deutsche Asset Management Ltd., London. Mr. Harrison will replace Karl Sternberg, who is leaving next month but doesn't have any immediately plans, a spokesman said.
Mr. Harrison had been CIO of global equities and multiassets at J.P. Morgan Fleming Asset Management, London. His global portfolio duties will be handled by Howard Williams, managing director and senior global portfolio manager. Pablo Forero, deputy head of equity and balanced portfolios, will lead the global multiasset group, said a J.P. Morgan Fleming spokeswoman. The two will keep their previous titles.