Nancy Fahmy, a director in the private wealth management group at Deutsche Bank Asset Management in New York, reporting to Tim Foxe, has left the firm. Renee Calabro, Deutsche Bank spokeswoman, said Fahmy has not yet been replaced, but the firm is interviewing candidates to replace her and expand the group. Fahmy is reported to be going to Merrill Lynch to develop a multi-asset retail distribution platform, but that could not be confirmed. Terez Hanhan, Merrill spokeswoman, did not return messages by press time.
DeAM Equity Director Exits
