Sun, Sep 25, 2016
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. Star names struggle as smaller hedge funds make hay[more]

    From eFinancialnews.com: Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad. According to data group eVestment, hedge funds below $250 million in size are up 4.1% t

  2. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  3. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  4. Comment - ‘Gut feeling’ measurable in hedge fund traders, How hedge fund managers can use blockchain to maximize benefits[more]

    ‘Gut feeling’ measurable in hedge fund traders From Laboratoryequipment.com: “Gut feeling” is an intangible – an automatic hunch – based on prior experience for some people. But the “gut feeling” is actually a measurable response developed in professionals doing some high-risk work, acco

  5. Opalesque Exclusive: Modern investor tools (2): A platform that does the job for you[more]

    Benedicte Gravrand, Opalesque Geneva: A new series on technology providers that assist asset allocators. There is disruption in the investor part of the world of hedge funds, coming from platforms that can replace traditionally-run search and analysis. Here is one of them. L