Wayne Salit - New Germany Anti-Money Laundering Compliance Officer

GF Fund  USD 10.62  0.01  0.09%   
Wayne Salit is Fund Manager at New Germany Closed
Mr. Wayne Salit is a AntiMoney Laundering Compliance Officer of The New Germany Fund, Inc. He is Director, Deutsche Asset Wealth Management formerly Managing Director, AML Compliance Officer at BNY Mellon and Director, AML Compliance Officer at Deutsche Bank .
Age 52
Tenure 11 years
Phone49 69 9101 2371
Webhttps://fundsus.deutscheam.com/EN/products/new_germany_fund.jsp

Wayne Salit Latest Insider Activity

Tracking and analyzing the buying and selling activities of Wayne Salit against New Germany fund is an integral part of due diligence when investing in New Germany. Wayne Salit insider activity provides valuable insight into whether New Germany is net buyers or sellers over its current business cycle. Note, New Germany insiders must abide by specific rules, including filing SEC forms every time they buy or sell New Germany'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Wayne Salit over six months ago
Insider Trading

New Germany Management Performance (%)

The company has Return on Asset (ROA) of 0.19 % which means that for every $100 of assets, it generated a profit of $0.19. This is way below average. Likewise, it shows a return on total equity (ROE) of (47.6) %, which implies that it produced no returns to current stockholders. New Germany's management efficiency ratios could be used to measure how well New Germany manages its routine affairs as well as how well it operates its assets and liabilities.
New Germany Closed reports 14.47 M of total liabilities with total debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from financial leverage. New Germany Closed has a current ratio of 1.02, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. Debt can assist New Germany until it has trouble settling it off, either with new capital or with free cash flow. So, New Germany's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New Germany Closed sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Germany's use of debt, we should always consider it together with cash and equity.

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The New Germany Fund Inc. is a closed ended equity mutual fund launched by Deutsche Investment Management Americas Inc. The New Germany Fund Inc. was formed on January 16, 1990 and is domiciled in Germany. New Germany is traded on New York Stock Exchange in the United States. The fund is not classified under any group at the moment.

Management Performance

New Germany Closed Leadership Team

Elected by the shareholders, the New Germany's board of directors comprises two types of representatives: New Germany inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Germany's management team and ensure that shareholders' interests are well served. New Germany's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New Germany's outside directors are responsible for providing unbiased perspectives on the board's policies.
Wolfgang Leoni, Independent Director
Hepsen Uzcan, President, Chief Executive Officer, Assistant Secretary
Christian Strenger, Chairman of the Board
Holger Hatje, Independent Director
Alyssa Asbury, Assistant Secretary
Sheila Cadogan, Assistant Treasurer
Michelle GoveiaPine, Interim Anti-Money Laundering Compliance Officer
John Millette, Secretary
Walter Dostmann, Independent Director
Diane Kenneally, Chief Financial Officer, Treasurer
Caroline Pearson, Chief Legal Officer
Wilhelm Bender, Independent Director
Christopher Pleister, Lead Independent Director
Scott Hogan, Chief Compliance Officer
Richard Burt, Independent Director
Wayne Salit, Anti-Money Laundering Compliance Officer
Christian Zugel, Independent Director
Kenneth Froewiss, Independent Director

New Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is New Germany a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in New Fund

New Germany financial ratios help investors to determine whether New Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Germany security.
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