NEW YORK--(BUSINESS WIRE)--Deutsche Asset & Wealth Management announced today that Brian Binder has joined the firm as a Managing Director and President of the DWS Funds and Head of Fund Administration in the US.
In this role, Binder will represent Deutsche Asset & Wealth Management to the DWS mutual fund board, which oversees more than 70 retail funds with approximately $59 billion in assets. He will work closely with the funds' independent board members to ensure optimal oversight of the funds' management and operations.
"With almost two decades of industry experience spanning operations, strategic planning and implementation, Brian brings a wealth of knowledge and insight to our organization," said Jerry W. Miller, Head of Asset & Wealth Americas.
Binder joins Deutsche Asset & Wealth Management with 19 years of industry experience in mutual fund operations, strategic planning and implementation, product development, marketing and board relations. Most recently, Binder was head of business management and consulting at Invesco. Prior to that, Brian served as chief administrative officer for Van Kampen Investments, where he led the development and execution of strategic plan initiatives.
Deutsche Asset & Wealth Management
With $1.26 trillion of assets under management (as of Sep 30, 2013), Deutsche Asset & Wealth Management¹ is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.
¹ Deutsche Asset & Wealth Management is the brand name of the Asset & Wealth Management division of the Deutsche Bank Group. The legal entities offering products or services under the Deutsche Asset & Wealth Management brand are listed in contracts, sales materials and other product information documents. I-033407-1.0