Deutsche Property Asset Management, a division of Deutsche's fund management arm, has announced the resignation of chief exec Simon Cooke, who will step down at the end of May. The company says Cooke won't be replaced and his role will be divided among the unit's four managers.

Copyright 2003 Thomson Media Inc. All Rights Reserved.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.