DeAM Names Co-Heads Of Insurance Asset Mgmt.

May 30 2007 | 11:03am ET

Deutsche Asset Management has added Randy Brown and Robet Goodman as co-heads of global insurance asset management (GIAM), responsible for the group’s global investment platform.

Brown, who will be based in New York, will join DeAM on Aug. 15. Currently, he is co-head of portfolio management in the financial institutions group at BlackRock, where he was responsible for investing for insurance companies. Zurich-based Goodman is currently DeAM's global head of insurance relationships.

“We are extremely pleased to add a world-class talent like Randy to our team,” Kevin Parker, global head of DeAM, said. “Our deep specialization in the insurance sector, combined with our full range of traditional and alternative investment capabilities, puts us in a strong position to service the growing demand by insurers for asset management outsourcing solutions.”

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