Frederick L. Gaskin was named team leader and portfolio manager at Merrill Lynch Investment Managers, Plainsboro, N.J. He will head the relative value/U.S. active large-cap value strategy, a new position. Previously, Mr. Gaskin was managing director and portfolio manager on the value equity team at Deutsche Asset Management, New York.
At Deutsche, Steve Scrudato, who was a portfolio investment specialist, will assume the role of portfolio manager for the Scudder Large Cap Value fund, said spokeswoman Rosalia Scampoli. David Hone, who has been a portfolio manager responsible for the day-to-day operation of the Scudder Tax Advantaged Dividend fund, has been named lead portfolio manager on the fund. Tom Sassi continues as leader.