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UBS hires hedge fund veteran

19 July 2010

UBS hire boosts its Asian prime broking sales operation

Read more: [UBS] [hedge funds] [prime broking]

UBS has appointed Ben Horner as an executive director to work in sales...
 

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Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
34%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
17%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
14%

Quote

“The market reaction to the announcement was extreme, probably due to it being unexpected. It was down to poor management and poor communications, and has been a salutary experience for all concerned.”

Francis Beddington, head of research, Insparo


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