Hansjoerg Pack has been named portfolio manager for Deutsche Asset Management’s (DWS) European Equity Fund, effective 1 July. He replaces Juan Barriobero, who will become deputy portfolio manager.
Equity trading at DWS is led by Michael Abellera, based in New York.
Previously known as ‘The German Fund’, the European Equity Fund was established in 1986 and holds US$72 million in total net assets, making is a relative minnow in DWS’s total US$1,152.7 billion in assets under management.
Pack has more than 35 years of industry experience and has been a portfolio manager and senior fund manager for equities at DWSsince 2000. In this role, he specialised in funds with significant German small and mid-cap equities.
Prior to this, he was a portfolio manager and team head at Deutsche Bank’s funds management group.
