Deutsche Asset & Wealth Management (DeAWM) has appointed James Dilworth as head of active management.
Dilworth (pictured) joins from Allianz Global Investors, where he was chief executive officer for Europe. Prior to this he had a spell as chief executive officer of Morgan Stanley Investment Managers EMEA.
He replaces Wolfgang Matis, who retired from the firm in June.
In his new capacity, he will be based in Frankfurt and take responsibility for the strategic development and positioning of DeAWM's active investment solutions globally, across equities, fixed income and multi-asset.
Dilworth becomes a managing director at DeAWM, reporting to the firm's head Michele Faissola.
'Our goal is to maintain our leadership in our home country, while providing even more clients around the world with the opportunity to benefit from our active investment expertise,' Faissola said in a statement.