Monday, 28 July 2014
Last updated 9 hours ago
Apr 9 2013 | 9:27am ET
UBS has set up a new global hedge fund sales desk.
The new division, which will cover such heavy hitters as Maverick Capital Management, Lone Pine Capital Management, Tiger Global Management and Viking Global Investors, is based in New York and features Thomas Anglin and Fred Liljewall. The former has moved to the U.S. from Sydney, Australia, where he was head of hedge fund sales for that country, The Wall Street Journal reports.
David Birrell, formerly of Pelagic Capital Advisors, will replace Anglin in Australia.
"Tom and Fred will become global client captains for these funds and provide a single, global point of advisory contact for them in place of the existing multi-region coverage model," Dominic Vail, global head of equity distribution, wrote in an internal memo. "We hope to announce further internal hires to the team shortly."
Vail added that the desk will eventually cover long-only funds as well as hedge funds.
Anglin has been at UBS since 2009, when he joined the bank from hedge fund Ospraie Management.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…