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CSAM makes strategic alliances hire

Credit Suisse Asset Managemnet has appointed former DWS head of investment partners Stephen Andrews as head of third party sales and strategic alliances.

Andrews will be responsible for the firm’s distribution through national intermediaries and networks as well as supermarkets and life companies. Andrews was responsible for building DWS’ relationships with third parties including life offices, fund supermarkets and key intermediaries.

CSAM sales director Mark Thomas says: “This is a key hire for us to ensure we achieve our distribution strategy in 2006 and beyond. The marketplace continues to evolve with life companies, supermarkets and strategic relationsips continuing to play an ever increasing role in distribution for asset management businesses.”

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