UBS AM appoints veteran to APAC operations

UBS Asset Management has appointed fixed income manager Hayden Briscoe to managing director and head of fixed income in its Asia-Pacific team. Briscoe will be based in the firm’s Hong Kong office and report to John Dugenske, UBS’ global head of fixed income. He steps into the new position with immediate effect, and will focus on one of the group’s main asset classes in the region. Briscoe joins from AllianceBernstein’s Hong Kong headquarters, where he worked for nearly seven years. Most recently, he was director of fixed income for Asia-Pacific. Earlier this month UBS announced job cuts and a freeze on new hires across its global wealth management operations. The programme was announced as a drive to return the division to profitability after the firm’s profits dropped by 64% over the course of the first quarter of this year. The firm attributed much of the fall to underperformance in its wealth management operations. The asset management business is separate to the UBS’ wealth management division. UBS Asset Management manages assets of $628 billion (€566.4 billion) as of March 31, 2016. ©2016 funds europe

Sponsored Profiles

SPONSORED FEATURE: Alternative thinking

Mar 16, 2017

Portfolio Manager Davide Cataldo discusses the results of the Pioneer Investments’ survey on liquid alternatives and how investors can be encouraged to increase their allocation.

SPONSORED FEATURE: Interest rate risk hedging: Swapping to other options

Mar 16, 2017

Heightened margin requirements for cleared and uncleared OTC derivatives pose a challenge for legitimate hedging activities and are driving financial institutions to explore alternative hedging...

SPONSORED FEATURE: Why blockchain could be the fund industry’s next Ford Model T

Mar 16, 2017

Blockchain aims to radically change the way investors can access funds, says Olivier Portenseigne, Managing Director and Chief Commercial Officer of Fundsquare.

SPONSORED FEATURE: Open architecture: In need of protection

Mar 16, 2017

Greater efficiency must be embraced to ensure regulatory changes do not destroy choice for fund buyers, says Bernard Tancré of Clearstream.

Executive Interviews

CEO INTERVIEW: Munro gains three-year track record

Mar 16, 2017

Aviva Investors’ annual results this month were the third set since Euan Munro took over as CEO. Nick Fitzpatrick speaks to him about the ‘Aims’ fund at the heart of the firm’s outcome strategy.

DISTRIBUTION INTERVIEW: Tales of the unexpected

Mar 16, 2017

Laurence Terryn, a fund selector at Candriam, tells David Stevenson how the twists and turns of the past year’s macro environment flavoured her approach to fund selection.



Mar 07, 2017

Funds Europe speaks to leading Luxembourg industry figures about the growing regulatory demands on asset servicers and how to remain profitable in spite of major investments in technology.

SEC LENDING ROUNDTABLE: Both a borrower and a lender be

Jan 11, 2017

Industry heavyweights, including agent lenders, discuss issues affecting the securities lending sector such as regulation and the types of collateral being used.