Deutsche Asset Management (Deutsche AM) has continued the expansion of its US equities portfolio management team with the appointment Daniel Fletcher (pictured), as Director and portfolio manager focused on the technology, media and telecom (TMT) sector.
Fletcher is based in New York and reports to Sebastian Werner, lead Portfolio Manager for US and Global Growth Equities.
In addition, Julia Merz has recently joined the New York team from the Deutsche AM Frankfurt office. Also reporting to Werner, Merz will focus on the healthcare sector and international equities. The expansion of the team follows the hire of David Bianco earlier this year as the Head of Equities in the US and Chief Investment Strategist for the Americas.
“I am very pleased to welcome such talented portfolio managers to our team,” says David Bianco, Head of Equities in the US and Chief Investment Strategist for the Americas. “Daniel and Julia bring specific industry expertise that complement the knowledge base of the existing US equity portfolio management team. As we remain bullish on growth stocks, I am confident we have the right team to deliver the breadth and depth of the Deutsche Asset Management’s active assets to our clients.”
Fletcher joins Deutsche AM with nearly 20 years of experience covering the TMT sector. Most recently, he served as a Managing Director on the Large Cap Disciplined Growth Fund at Neuberger Berman as a senior technology, media and telecom analyst. Fletcher joined Lehman Brothers, which acquired Neuberger Berman, in 1995 as an associate research analyst. Merz joined Deutsche AM since 2015 and has previously held teaching assistant positions at the University of Cologne and Goethe University in Frankfurt, Germany.