Prior to that role, he was based in London at UBS’s investment bank. June 15, 2008 12:36 am . By. Company & Market profiles, Exclusive interviews, Opinion pieces and AUM rankings can be found exclusively for Subscribers. UBS Global Asset Management had €616bn in assets under management as at 31 March 2015. All reports are editorially independent and designed to provide unique insight. Related articles. See here for a complete list of exchanges and delays. «As a bank, we will never have all the clients of this world.» Completely Independent. Subscribe to Private Banker International, Get breaking news alerts, daily analysis, email summary and in-depth special reports on key trends and developments. Every month, FinTrack will showcase the latest innovations from financial providers around the world. Access in-depth special reports dedicated to key trends and developments affecting Private Banking & Wealth Management globally. The latest hires and moves in the sector. Kennedy will take over the Zurich-based role in mid-September from Andreas Schlatter who is retiring from the investment management industry, the memo said. He will report to Ulrich Koerner, president of UBS Global Asset Management. All quotes delayed a minimum of 15 minutes. Kennedy will take up his new duties in mid-September and will be based in Zürich. He was most recently head of sales and structuring in the bank’s equity … As the ballots are counted, how is private banking reacting to the US election? UBS names new distribution head for global asset management unit. Close to half of experts think sustainable investments bring higher returns, United Overseas Bank partners with Robeco to launch Sustainability Academy. Digital editions are here to cover some of the key trends and developments across the industry. He will report to Ulrich Koerner, president of UBS Global Asset Management. Our Standards: The Thomson Reuters Trust Principles. UBS has appointed William Kennedy to head its European equities business in the latest in a series of managerial changes at the Swiss investment bank. UBS appoints new European equity head. UBS has confirmed that William Kennedy will succeed to Andreas Schlatter as global head of Distribution for its global asset management business after Reuters has revealed a UBS internal memo. Swiss banking giant UBS has named William Kennedy as new global head of distribution for its global asset management unit, replacing Andreas Schlatter. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support © Copyright 2020 Verdict, a trading division of Progressive Digital Media Ltd. We use them to give you the best experience. Kennedy has been at UBS for 15 years and has served in several positions at the bank. «We have to be realistic,» said William Kennedy, head of distribution at UBS asset management and in charge of UBS Partner. Kennedy will take up his new duties in mid-September and will be based in Zürich. Read the latest subscriber edition, as well as our archives, including in-depth features, comments, exclusive research and guest articles. Swiss investment bank UBS has promoted William Kennedy to head of European equities. He will report to Ulrich Koerner, president of UBS Global Asset Management. He replaces François Gouws, who himself has recently been promoted to the position of global head of the equities cash management board. Based in Zurich, Kennedy will assume his new role in September 2015, UBS asset management president Ulrich Koerner said in a memo. Exclusive data compiled by our expert analysts on major trends in the sector. Kennedy will take up his new duties in mid-September and will be based in Zürich. Prior to this, Kennedy was head of Investment Products and Services at UBS AG. Swiss banking giant UBS has named William Kennedy as new global head of distribution for its global asset management unit, replacing Andreas Schlatter. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. Each innovation is assessed and rated on key criteria, to assist with identifying, tracking & understanding key innovation globally. Wealth management: what will be its future in Europe? © Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013, Digital publisher of the year 2010, 2013, 2016 & 2017, International Investment Middle East Forum 2020, UBS Global Asset Management names global head of Distribution, UBS reshuffles executive board with Credit Suisse banker Khan, End of banking secrecy could cost UBS wealth division CHF30bn, UBS wealth and asset management heads depart, Delhi will not tax remittances sent home by Indian expats, Bulgaria's golden passports scheme fails to attract investors, Malaysia boosts efforts to reduce expat workers, Oman to introduce income-tax on wealthy individuals. Kennedy was head of the investment products and services unit within the group’s wealth management before being replaced by Mike Stewart at the end of 2014. UBS has confirmed that William Kennedy will succeed to Andreas Schlatter as global head of Distribution for its global asset management business after Reuters has revealed a UBS internal memo. Kennedy will report to Koerner. Barclays expands its presence in South Africa, LLB chairman steps down following criminal allegations, Victory Capital to take over US asset manager THB, Coretelligent snaps up Soundshore to bolster financial services offering, How To Accelerate Brilliant Digital Experiences With Low-Code, Personal login credentials to privatebankerinternational.com, In-depth special reports on key trends and developments, Opinions & comments from market participants and key thought leaders, Annual Global AuM and APAC AUM survey data, as well as monthly country reports. Luke Jeffs. The 2nd International Investment Middle East Forum will look at where the industry is heading, the challenges and opportunities for the industry in the Gulf, and how IFAs are adapting to such reforms as BOD-49 and DIFC’s DEWS policy. “With his strong client focus, his thorough knowledge of products and his wide network across units, William Kennedy is the ideal candidate to lead the further transformation of our global distribution organisation,” said the memo which was reported by Reuters and signed by Koerner and UBS Wealth Management president Juerg Zeltner. ZURICH, July 10 (Reuters) - UBS on Friday appointed William Kennedy as global head of distribution for its global asset management business, according to a memo seen by Reuters and confirmed by the Swiss bank. He … The product was originally developed in the wealth management division of UBS, with the help of its veteran banker Kennedy. UBS on Friday appointed William Kennedy as global head of distribution for its global asset management business, according to a memo seen by Reuters and confirmed by the Swiss bank. (Reporting by Joshua Franklin; Editing by Pravin Char). Updated with correction. UBS has confirmed that William Kennedy will succeed to Andreas Schlatter as global head of Distribution for its global asset management business after Reuters has revealed a UBS internal memo. Private Banker International is a product of Verdict. William Kennedy was named global head of distribution at UBS Global Asset Management, a company spokesman said..