Tue, Aug 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

UBP recruits experienced MENA equities team

Tuesday, February 01, 2011

Habib Oueijan
Opalesque Industry Update - Union Bancaire Privée (UBP) announced today that it has recruited a highly-rated Middle East & North Africa (MENA) equities investment team to provide its clients with on-the-ground access to the return potential of the region's stock markets.

Lead portfolio manager Habib Oueijan, who has been running MENA equity portfolios for the past 15 years, heads a five-strong team that includes another senior portfolio manager, Mahmoud El Safty, and three experienced research analysts. The team joins from a Dubai-based asset management firm, where they built an eight-year track record. The team will continue to manage its flagship MENA equity fund, which was recently transferred to UBP.

UBP is a forceful exponent of the benefits for its clients of investing in emerging markets, and has been bolstering its capabilities in this area. In 2010 alone the company took on 11 emerging market investment professionals and launched European Emerging, Turkish and Russian equity funds, an innovative emerging market corporate bond fund and a fund of emerging market hedge funds.

Richard Wohanka, CEO of Asset Management at UBP, highlighted the benefits of this recruitment for UBP’s clients. “The MENA equity markets are among the most under-researched and under-owned by global investors, despite what we believe to be their excellent return potential and strong diversification benefits. Habib and his team have demonstrated how capable they are in this area through their proven eight-year track record, and we are delighted to have them on board.”

(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 65 billion (USD 69 billion) in assets under management as at 31 December 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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  3. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  4. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  5. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc