Bjoern Jesch will join DWS on July 1, 2020 as Global Head of Multi Asset & Solutions. He joins the firm from Credit Suisse, where he was Global Head of Investment Management within the International Wealth Management division. Bjoern will succeed Christian Hille, who has decided to leave DWS for personal reasons after 13 years with the firm.
Multi Asset & Solutions is one of DWS’ three targeted growth areas: With net inflows of EUR 7.2 billion, Multi Asset was a significant driver for the firm’s flow turnaround in 2019. Globally, Bjoern will be responsible for a team of 82 investment professionals and AuM of EUR 58 billion (as of 31 December 2019).
Stefan Kreuzkamp, DWS’ Chief Investment Officer and Co-Head of the Investment Group says: “We are very happy that Bjoern has decided to join DWS. He enjoys an excellent reputation across the asset management industry and the market as a top notch investor and thought-leader. Multi Asset & Solutions is a crucial part of our business, now more than ever. In a volatile market it can truly differentiate itself for investors“.
Bjoern Jesch adds: “In times of extremely low interest rates and simultaneously high levels of volatility Multi Asset is the differentiating investment strategy for one of the biggest fiduciary asset managers in the market. I look forward to tackling this challenge along with the outstanding investment team at DWS”.
Over the course of his career spanning three decades Bjoern has held senior positions at Union Investment, where he served as Chief Investment Officer and Head of Portfolio Management, Deutsche Bank and Citibank. At DWS, he will report to Stefan Kreuzkamp. He will be a member of DWS’ CIO Management Committee.
Por Funds Society, Madrid
Por Clara Suarez