How DeAM has sourced $5 billion from Asia this year

Ed Peter, Singapore-based head of Deutsche Asset Management in Asia Pacific and the Middle East, says the firm has sourced approximately Ç4 billion ($5 billion) from Asia Pacific in retail and institutional business year to date.In his view, this proves the firm is on the right track after a radical restructuring that began last year.ôI donÆt know of another fund manager that has raised as much assets in the region,ö he says. The firm now manages around Ç23 billion ($29 billion) for A…