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

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 14 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3