GAM (Global Asset Management), a unit of UBS, has hired Alyce Su in Hong Kong as client director, responsible for business development among private clients and institutions.

Her remit will focus on Su's native Taiwan and on mainland China. She will work alongside Germaine Sze, who covers Hong Kong, and report to David Lam, group head of clients.

Su spent the past two years handling institutional asset management sales and business development in Greater China for Goldman Sachs Asset Management in Hong Kong.

GAM is known for its multi-manager approach and emphasizes its hedge fund and funds of hedge funds expertise.