Thu, Nov 27, 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   |   
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. Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m[more]

    George Soros puts $500m of his money on Bill Gross From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t

  2. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  3. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca

  4. Opalesque Exclusive: Risk management emerges as a competitive focus area for hedge funds[more]

    Bailey McCann, Opalesque New York: Risk management has always been a core component of any trading strategy, as well as a critical part of business management. However, as macreconomic weakness persists, and alpha becomes increasingly hard to generate, risk management as emerged as a more promin

  5. Gross: Inflation is required to pay for prior inflation[more]

    Benedicte Gravrand, Opalesque Geneva: As inflation rises, every dollar will buy a smaller percentage of a good. While deflation will mean a decrease in the general price level of goods and services. These two economic conditions are both in the waiting room. The consensus would like the former to