Global head of trading and order generation at UBS Asset Management, Lynn Challenger, tells Annabel Smith that order flow is increasingly being internalised as buy-side traders continue to grapple with trading costs.
Dr Martin Sieg Castagnola will step down as CFO after 12 years in the position, to be replaced by UBS Asset Management operating chief, Thomas Heinzl.
Barry Gill will succeed Suni Harford as head of investments, following Harford’s promotion to president of UBS Asset Management.
Ulrich Koerner will be replaced as president of asset management at UBS by former Citigroup veteran Suni Harford, who joined UBS Asset Management in 2017.
Asset manager continues multi-asset drive with Michael Ho to join Janus Henderson as global head of multi-asset and alternatives.