Deutsche Asset Management has rearranged the management teams across $1.56 billion of fixed income mutual funds.
Management changes occurred across the $883.3 million Deutsche Short Duration fund, the $329.6 million Deutsche Unconstrained Income fund, the $170.3 million Deutsche Fixed Income Opportunities fund and the $176.9 million Deutsche Core Fixed Income fund, according to Securities and Exchange Commission filings.
Kung still manages the $828.6 million Deutsche Global Income Builder fund, the $101.3 million Deutsche Global Inflation fund and the $113.7 million Deutsche Enhanced Emerging Markets Fixed Income fund among others.
Tom Sweeney and Jeff Morton have joined Rick Smith and Russell in managing the Deutsche Short Duration fund, while Kevin Bliss has joined Citywire + rated John Ryan on the Deutsche Unconstrained Income fund.
Additionally, Citywire + rated Rahmila Nadi has been taken off of the Deutsche Fixed Income Opportunities fund which Bliss and Sweeney have been added to.
All of the portfolio managers remain with the firm.
A Deutsche spokeswoman confirmed the filing but declined to comment further.