Union Bancaire Privée, UBP SA (UBP) announced today that it has further strengthened its emerging market (EM) fixed income capabilities by hiring three seasoned experts and developing its EM fixed income product range into a comprehensive offering embedding responsible investment principles.
Following on from the recruitment of Sergio Trigo Paz from BlackRock as Head of its EM Fixed Income team in September 2022, UBP has hired Jack Deino and Raphaël Maréchal as Senior Portfolio Managers, from BlackRock and Nikko AM respectively, in addition to Alonso Perez-Kakabadse as Senior Portfolio Advisor & Strategist, from Wellington Management. Their arrival complements the now 11-strong team comprised of portfolio managers, credit analysts, strategists and investment specialists, with an average of 25 years’ industry experience. It is spread between London, Zurich and Hong Kong.
Building on its strong legacy in EM and on the breadth of expertise within the team, UBP has reviewed its EM fixed income offering and implemented a new investment process integrating responsible investment at its core. The range spans the whole emerging market debt investment universe, from sovereign and corporate to local debt, all strategies designed as solutions to clients’ specific needs and expectations.
Sergio Trigo Paz, Head of UBP’s EM Fixed Income team, commented:
“I am delighted to welcome Jack Deino, Raphaël Maréchal and Alonso Perez-Kakabadse to the team, especially given the successful collaboration I had with Jack and Raphaël at BlackRock. These three new joiners’ long-standing expertise in EM credit, local and long/short strategies and in-depth understanding of emerging markets will enhance our investment capabilities and contribute to driving long-term value for our clients. I am convinced that we now have the optimal set-up to embark onto the next phase of our development.”
Philippe Lespinard, Head of Asset Management (London) and Head of Alternative Fixed Income at UBP added:
“We have a strong conviction in the potential of emerging markets and recognise the need for specialised expertise in managing investments in these regions. With this strengthened team and structured offering, UBP is ideally positioned to capture the alpha opportunities in this rapidly evolving landscape and furthering our position as a trusted boutique partner for our clients.”
