A panel of Germany’s most prominent asset managers have put themselves on a potential collision course with Berlin by calling for Europe’s central bank to buy more troubled countries’ bonds.
DWS Investment’s Klaus Kaldemorgen was among fund managers awarded last night, named fund industry personality of 2011, as allocator Sauren selected Europe’s best managers for its annual ceremony in Frankfurt.
“Klaus Kaldemorgen is the incarnation of a fund manager. He knows what is driving the markets, and is also one of the most influential shareholder activists in corporate Germany.” So says Thomas Richter, managing director at BVI Bundesverband Investment und Asset Management, about his former DWS Investments colleague.
Klaus Kaldemorgen has stepped down from his role as chief executive of DWS, in a series of significant changes among senior managers at the mutual fund arm of Deutsche Asset Management