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Amid struggles to restructure its fund management operations, Deutsche Bank Asset Management (DAM) has lost a key senior manager.

Christoph Bernard, who served the chief investment officer of DAM Europe ex-U.K. and DAM Investment GmbH, is the latest in a string of high-level departure from the German firm's fund management unit, according to a report from Reuters. About 11 months ago, chief investment officer Karl Sternberg left DAM's London group and was replaced by Peter Harrison.

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