UBS's Bolinowsky steps aside to institutional sales

chief-executive/australian-market/chairman/

27 July 2010
| By Mike Taylor |

The head of UBS Global Asset Management in Australia and New Zealand, Paul Bolinowsky, has stepped aside from the day-to-day running of the business and will now be focusing on his role as head of institutional sales.

As a result, Ben Heap will be returning to Australia from New York to fill the role as head of UBS Global Asset Management in Australia and New Zealand after leading the company’s infrastructure team in the Americas.

Commenting on the changes, UBS Global Asset Management chairman and chief executive John Fraser said they reflected the company’s commitment to developing the business in Australia and New Zealand.

“We are now poised for a new growth surge in the Australian market, building upon not only our solid investment performance in Australia capabilities but also internationally,” he said.

Heap, who was formerly chief executive of Australian Wealth Management’s asset management division, joined UBS in 2007.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 2 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo