Wed, Sep 2, 2015
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   |   
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. Cliff Asness attracts $360 million as liquid alternative funds hold up[more]

    From Bloomberg.com: As U.S. stocks suffered their worst month in more than three years in August, Clifford Asness’s managed futures fund was able to profit. Investors are taking notice. The $9.12 billion AQR Managed Futures Strategy Fund pulled in an estimated $360 million in net subscriptions last

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Performance - Einhorn and Loeb's hedge funds both decline 5% in August, Some target-date funds miss in the market turmoil[more]

    Einhorn and Loeb's hedge funds both decline 5% in August From Reuters.com: Hedge fund billionaires David Einhorn and Daniel Loeb saw their main funds lose roughly 5 percent in August during a dramatic market sell off, two people familiar with their returns said on Monday. Einhorn's

  5. Opalesque Exclusive: Foundation returns slide, but commitment to alternatives remains[more]

    Bailey McCann, Opalesque New York: Private and community foundations posted returns of 6.1 percent for the 2014 fiscal year (January 1 – December 31, 2014), down from the 15.6 percent return reported for FY2013, according to the latest Council on Foundations–Commonfund Study of Investment of End

 

banner