Dave Morrison was appointed president of the $9.8 billion U.S. managed accounts business of real estate money manager CBRE Global Investors, replacing Peter DiCorpo, who is leaving the firm, said Pam Barnett, corporate communications director, in an e-mail.
The business offers separate accounts and open-end fund vehicles.
Mr. Morrison was global head of strategy. Danny Queenan, chief operating officer of CBRE Global Investors, will take over Mr. Morrison’s current corporate strategy responsibilities. Mr. Morrison will continue to serve as head of strategy and research for the Americas.