Frankfurt-headquartered Deutsche Asset & Wealth Management has added Philip Poole as the firm’s new head of research.

Frankfurt-headquartered Deutsche Asset & Wealth Management has added Philip Poole as the firm’s new head of research. In this newly created role, Poole will lead research activity across DeAWM's investment platforms globally.

With responsibility for macro research, he will contribute to the house view generated by the chief investment office, in addition to running micro research and providing portfolio managers with investable ideas across asset classes. Poole will also be responsible for presenting DeAWM's investment views to clients and media, the firm said in a statement.

Based in London, Poole is a managing director and reports to DeAWM's co-chief investment officers, Randy Brown and Asoka Wöhrmann.

“Having a powerful global research function gives our investment teams a crucial edge as they strive to deliver superior performance to our clients. Philip will help us to make optimal use of our global research resources as well as the best external research,” said Brown when commenting on the hire.

Poole was most recently global head of macro & investment strategy at HSBC Global Asset Management. From 2004 to 2010 he served as global head of research and chief economist for emerging markets for the HSBC Group across asset classes. In earlier roles at ING Barings and Barclays, he was closely involved in sovereign debt restructurings in Ukraine and Poland, respectively.

The hire comes at a time when Deutsche is making several key hires, having yesterday announced the addition of Michael Lee as a director and head of consultants UK for the firm’s global client group, as well as adding a new compliance professional to its Jersey trustee business. Read more on that, here.