UBS AM appoints country head for Australia and NZ

UBS Asset Management has announced that Alison Telfer has been appointed Country Head Australia and New Zealand.

She would replace John Mowat who held the role in the interim and would be resuming his previous responsibilities as head of UBS Asset Management’s real estate business.

Alison joined UBS Asset Management from BlackRock, where she worked for the past eight years, most recently as chief operating officer (COO), general counsel and head of public policy for Australasia helping provide global capabilities to the local market and assisting BlackRock and clients to navigate regulatory change.

She had over 20 years of experience working in Australian and global asset management and held a range of roles within the asset management industry spanning product development, strategy, client distribution, legal, compliance, regulatory and government affairs as well as the COO function.

Prior to that, Telfer served as senior legal counsel and later as a director, specialised product development and co-investment group at Challenger.

“We are delighted Alison is joining us as country head Australia and New Zealand, UBS Asset Management,” Nick Hughes, joint-country head UBS Australasia, said.

“Her strategic mindset coupled with her extensive Asia Pacific asset management experience will be valuable in helping her position UBS Asset Management for the future.

“Alison is a highly experienced and impactful senior leader and has a solid track record of leveraging the best of breed product capabilities of a global organisation to benefit local clients. We are excited for Alison to join and for her to drive our Australian asset management business forward.”