Deutsche Asset Management will help two of the firm’s veteran portfolio managers set up their own independent investment boutiques — one focusing on thematic strategies, the other quant investments — over the coming months, the company announced today.
Oliver Kratz, a managing director and head of global thematic strategies at DeAM, and Janet Campagna, managing director and global head of quantitative investments, should have their own independent boutiques established by the second quarter.
“DeAM intends to continue to offer global thematic equity, agribusiness and quantitative investment strategies through the boutique firms to its clients,” according to a news release from DeAM.
There was no mention of plans by DeAM to take an equity stake in either boutique.
DeAM spokeswoman Mayura Hooper declined to elaborate on the news release, beyond saying the transition “will allow DB Advisors to focus on its core investment strengths of institutional global fixed income and liquidity management, which comprise a large majority of its assets.” The release concluded by saying the company “remains strongly committed to growing its asset management division.”