Deutsche's UK equities chief to take sabbatical

Adrian Frost, head of UK equities at Deutsche Asset Management (DeAM) is taking a six month sabbatical.

His place as head of UK portfolio construction will be taken by senior team member John Wood. Stephen Barrow is confirmed as head of research. Graham Ashby is tipped to cover at least some of Frost's retail funds.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions