Increased interest from sovereign wealth funds and large institutional investors in a wider array of investment opportunities in Asia is shaking up how investment banks deploy their people.
Having identified this trend, Deutsche Bank has created a new role for Ashok Pandit as head of sovereign wealth funds and institutional client coverage, effective February 1, according to a memo confirmed Friday by a Deutsche Bank spokeswoman.
He will advise Asian-headquartered sovereign wealth funds on global investment opportunities across equity and debt capital markets as well as help other big global players to invest in Asia.
For the last few years SWFs such as...
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