Dokyoung Lee was named head of portfolio management for the U.S. multiasset and solutions group at DWS Group, spokeswoman Madison Hanlon confirmed in an email.
The position is new. Mr. Lee will oversee the U.S.-based team of portfolio managers for DWS' multiasset funds. He will be based in New York and report to Mark Roberts, co-head of multiasset and solutions and head of research and strategy for alternatives.
Mr. Lee was a portfolio manager at OppenheimerFunds. His responsibilities have been assumed by co-portfolio managers Ben Rockmuller and Alessio de Longis, said a news release issued by the company.
DWS Group had $803 billion of assets under management as of Sept. 30.
