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DeAM hiring in Asia

Asset management jobs in Asia look to set to multiply: Deutsche Asset Management is planning a big push into the region.

Finance Asia reports that DeAM is planning to open offices in in Taiwan, Thailand, Malaysia and the Philippines, adding to existing offices in Korea, India and Hong Kong. This month it opened a new office in Singapore.

"These aren't going to be just sales offices," Ed Peter, head of Deutsche Asset Management in Asia-Pacific and the Middle East, is reported as saying. "We're going to have fund managers and analysts on the ground in all these places, both selling and manufacturing products."

Peter declined to tell eFinancialCareers precisely how many staff would be hired in the process, but said it would be 'quite a large number.'

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