Incoming Asia-Pacific head at UBS Global Asset Management, Rene Buehlmann, plans to use insights from two decades at the Swiss bank to continue to build the regional business.
UBS's investment arm has seen another big recent departure in Asia, as CEO Kai Sotorp joins Manulife Asset Management as global head of asset and wealth management.
The Swiss firm has poached Lazard Asset Management’s Japan head as its new CEO in Tokyo. It also plans to expand its property team there and elsewhere in the region.
The Swiss firm has just won RQFII approval, but has no current plans to set up Hong Kong-domiciled funds, says Asia-Pacific head Kai Sotorp.
ETFs and third-party wholesale to be the focus for UBS Global Asset Management in Asia as Kai Sotorp takes charge.