Richard Glass has joined Deutsche Asset & Wealth Management (DeAWM) as U.S. head of small- and mid-cap value equities, the firm announced today.
In addition, asset managers Richard J. Hanlon and Mary C. Schafer also joined the firm. All three will be based in New York City.
In early September, Glass will become the lead portfolio manager for DWS Small Cap Value Fund, DWS Mid Cap Value Fund and DWS Small Mid Cap Value VIP. Glass joins DeAWM after running his own asset management firm, Lockwell Investments LLC, for three years.
Hanlon ran the asset management firm he founded, Glenville Capital Management, for the past six years.
Schafer joins DeAWM from Glass’s firm, Lockwell Investments LLC, where she was a principal and co-founder.