Frankfurt-based Deutsche Bank’s insurance asset management (AM) business has appointed Xiaoyu Liu as a director and portfolio manager of insurance managed equities (IME) team. Based in New York, Liu will be reporting to Di Kumble, managing director and head of the IME portfolio team.

Liu along with rest of the team will be managing the division’s $6.5 billion IME portfolios. Most recently, Liu was with national insurance marketing organization Columbia Management Group as a portfolio manager in charge of tax-efficient U.S. and global equity strategies.

Click here for the release from Business Wire.