Deutsche Bank’s wealth management division has appointed Tony Tang head of North Asia client solutions and Eleonore Dachicourt head of hedge fund sales for Asia.
Tang joins Deutsche private wealth management (PWM) at the level of managing director and will be based in Hong Kong. He was earlier at Citi in Hong Kong where he headed the US bank’s securitisation trading effort in Asia. Before his stint with Citi, Tang spent 12 years in the US where he ran the proprietary macro relative value books for Fimat (the derivatives arm of Societe Generale) and West LB New York. He has also traded rates derivatives and proprietary rates at Bear Stearns in New York.
Tang will be responsible for developing the Asia client solution business in the North Asian and Greater China markets. In this role he will deliver customised investment solutions to wealthy families and entrepreneurs in the region who are Deutsche’s private banking clients. He has a direct reporting line to Singapore-based Bobby Abraham who heads non-flow structuring for Asia, and a dotted reporting line to Anurag Mahesh who heads global investment solutions for Asia-Pacific.
Dachicourt is part of the hedge funds team within Deutsche PWM. She is charged with increasing the penetration level of hedge funds as an asset class within clients’ portfolios.
Dachicourt was earlier with Credit Suisse asset management in London where she headed the private mandates team within the alternative investments business. She has also held senior roles covering hedge funds at Barclays and UBS wealth management in London. Dachicourt reports globally to Pascal Botteron who heads Deutsche's hedge and mutual fund investment group, and locally to Mahesh.