UBS Global Asset Management has announced the expansion of its Australian fixed income team with the appointment of Ben Squire as head of credit research for Asia Pacific and Christian Baylis as portfolio manager.
Squire has 17 years experience in credit research and credit portfolio management globally and domestically and joins from Société Générale in London. In his new role, Squire will be responsible for credit research and issue selection for Asia Pacific issuers. He will also be a member of the UBS Global Asset Management Global Credit Research team.
Baylis most recently worked in senior analyst investments at the Reserve Bank of Australia. He joins UBS to work on inflation-linked portfolios and undertake market analysis and execute credit and related over-the-counter derivatives. He is currently completing a PhD in financial econometrics.
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.