UBS Group Hires Hedge Fund Sales Chief, SAC Vet

Aug 12 2009 | 2:55am ET

As it rebuilds its troubled fixed-income, currencies and commodities group, UBS is looking to the hedge fund world, both for talent and for business.

The investment bank has made more than 20 senior hires for the trading and sales team, Financial News reports, including that of Dimitri Psyllidis, among the top fixed-income salesmen in Europe, from Merrill Lynch. UBS certainly hopes that the major push will attract the attention of hedge funds, and has hired Chris DeMarco to make sure it does.

DeMarco, a Merrill and Bear Stearns veteran, has been named senior client relationship director for hedge funds.

UBS has also hired Jim Lanzilotti from SAC Capital Advisors. Lanzilotti serves as head of Latin American foreign exchange and interest rates.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...