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Tuesday, September 07, 2010

DWS Hires a Van Kampen Alum

Reported by Armie Margaret Lee

DWS Investments [see profile] tapped Michael Hughes as director and senior account manager. Chicago-based Hughes will report directly to Mike Woods, CEO and US head of distribution for DWS Investments Distributors.

Previously, Hughes was an executive director in national accounts at Van Kampen Investments. Hughes spent 14 years at Van Kampen, which in June was acquired by Invesco.

Company Press Release

NEW YORK, Sep 07, 2010 -- DWS Investments, the US retail unit of Deutsche Bank's global Asset Management division, today announced the appointment of Michael Hughes as a Director and Senior Account Manager, responsible for National Accounts. Hughes will be responsible for key firm relationships in the National and Regional Broker Dealer and Bank channels. He will be based in Chicago and will report to Michael Woods, a Managing Director, CEO and US Head of Distribution for DWS Investments Distributors, Inc.

"We are delighted to welcome Michael to DWS Investments," said Michael Woods. "His experience and success working with national and regional broker dealers and banks will be central in helping us to meet the changing-needs of our growing client-base.

Hughes has over 16 years experience working with banks, regional and national broker dealer firms. He joins DWS Investments from Van Kampen where he served as an Executive Director in National Accounts, responsible for overseeing a team of relationship managers within the Bank and Broker Dealer channels. Hughes' tenure at Van Kampen extends back to 1996, which includes various positions mainly related to the sales process. Prior to Van Kampen, he began his career in 1993 in the Asset Management Division of Smith Barney in New York.

Hughes earned an MBA degree from Loyola University in Chicago and a BA degree from Miami University, Oxford, OH. He completed his CIMA and Alternative Investment Management Certification from the Wharton School of Business & IMCA. He is a FINRA Registered Representative, Series 7, 63.

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