Veritas Asset Management Taps UBS's Barnes For CEO Slot

Sep 28 2016 | 11:35pm ET

UBS Global Asset Management executive Ian Barnes has been named chief executive officer at Veritas Asset Management.

Barnes will start at Veritas early next year, according to the company. He will be responsible for the day-to-day management of the business and implementing key objectives set by the managing partners board. The position is new. 

Barnes will also join the company’s managing partners board, which consists of chairman Charles Richardson, head of global Andy Headley, head of Asia Ezra Sun, and COO Richard Grant. 

Barnes became head of U.K. and Ireland for UBS Global Asset Management in 2012, and was previously with Russell Investments for more than a decade. 

“Ian’s appointment will ensure that key investors remain focused on investing for our clients, while providing the leadership to fulfill the long term objectives for our firm – investment excellence, client service, retention of high caliber people and measured organic growth," said Richardson in a statement. 

Based in London and founded in 2003, Veritas manages around £12 billion in assets invested in global and Asia equity strategies.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of