Thu, Oct 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UBP's AM division reinforces global sales network with three key hires

Tuesday, October 26, 2010
Opalesque Industry Update - Union Bancaire Privée (UBP) announced today three key hires within its Asset Management division, as part of the expansion of its sales activities in Europe and Asia.

UBP believes that there is significant potential in European markets and has appointed a new Head of Sales – Europe to focus on augmenting the service it provides to both private and institutional clients in the region. Nicolas Faller joins UBP on 1 November to take up this new role; he also joins the Asset Management Executive Committee. Nicolas was previously Global Head of Distribution Sales and a member of the Executive Committee at BNP Paribas Investment Partners. Prior to BNP, he held a number of senior positions at Fortis Investments and Paribas Asset Management.

The European activities are being strengthened further by the creation of a new team to focus on the Benelux region. The team will be headed by Frédéric Peemans, who joins UBP from Robeco, where he was Head of Sales for Belgium and Luxembourg.

UBP is also boosting its presence in Japan, with the appointment of Kazuhito Yoshihara as CEO of its Tokyo office. After beginning his career at Daiwa Securities, Kazuhito held senior management positions at several leading asset managers in Japan, including Deutsche Morgan Grenfell Asset Management, WestLB Asset Management and Fortis Investments. He joins UBP from BNP Paribas Investment Partners Japan.

Richard Wohanka, CEO of UBP Asset Management, underlined the strategic importance of these hires. “The asset management team has achieved considerable success this year in terms of broadening our product range and taking new services to our clients. This means that we are well positioned to expand our efforts in Europe and across the world, and these latest hires demonstrate that we are building a first-class team. Nicolas, Kazuhito and Frédéric bring with them enormous experience and knowledge of their markets.”

(press release)

About Union Bancaire Privée
Union Bancaire Privée, UBP SA (UBP) is based in Geneva and is one of Switzerland’s leading private banks. Active in the field of asset management for both private and institutional clients and with a very solid balance sheet, the Bank had some CHF 72 billion (USD 66.5 billion) in assets under management as at 30 June 2010. UBP employs some 1,200 people in over 20 locations worldwide and provides a complete range of innovative investment products and services, both in traditional and alternative asset management, with the aim of achieving a high performance and protecting clients’ capital. Corporate website: www.ubpbank.com

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  4. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  5. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba