Martin Johansson, a former employee of Stockholm-based Neonet Securities, is joining Deutsche Asset Mangement's Global Client Group Passive and is the latest addition to the Deutsche team in Stockholm. At Neonet Securities, Johansson was Head of Sales Trading. At Deutsche Asset Managment , he will focus on Swedish and Finnish asset and wealth managers as well as private banks, and will report to Peter Lidblom, who is based in London.

Lidblom joined Deutsche Asset Management at the beginning of this year as passive sales specialist for the Nordic region.

“The appointment of Peter and Martin will greatly strengthen our presence in the Nordic region. We had a very strong 2017 in terms of ETF inflows. Compared to last year, we now have a greatly expanded sales team across Europe, and we are well placed to do even better in 2018,” said Simon Klein, Head of Passive Sales Specialists, EMEA & APAC, Global Client Group.

Deutsche Asset Management has grown its sales teams across EMEA and has hired several new sales representatives in the UK, Germany and Switzerland over the past year.

Deutsche Asset management has Euro 702 billion in assets under management and is, according to the latest survey from IPE, the 19th largest asset manager in the world.