2003 Media Releases

Deutsche Bank today announced the recent appointment of Greg Hickling as Director, Retail Distribution, marking the further expansion of the previously wholesale focused division, Global Markets, into the retail market.

Deutsche Bank recognises there is a broader application of the investment bank’s risk packaging technology. Previously only available to the institutions, the Bank is developing products for distribution to the sub-wholesale and retail markets through third party networks. This development will broaden the risk/return spectrum and increase the efficiency of investment portfolio construction for sophisticated investors.

Michael Ormaechea Head of Global Markets Australia said, "Deutsche Bank’s Global Markets has a track record of providing the international funds management industry with sophisticated and tailored product designed to enhanced their performance. We are now ready to offer these sophisticated international products to Australia’s retail market. Our philosophy is such that size of an individual’s investment should not preclude those investors looking to enhance returns or diversify their portfolios with alternative financial products.”

Hickling comes from a Funds management and asset consulting background, most recently moving from State Street Global Advisors where he was working as a Business Development Manager.

For further information, please call:

Kate Abrahams, Communications & Marketing (61 2) 9258 2416