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Esteves Moves Up at UBS

Sep 1, 2007

Esteves Moves Up at UBS
Andre Esteves has been promoted to global head of fixed income at UBS Investment Bank, from chairman and CEO of the firm's LatAm business. He will relocate from Brazil to London and oversee all fixed income products across all regions. Despite the move and different time zone, Esteves will remain responsible for Latin America.
Esteves was the managing partner of Banco Pactual, which was acquired by UBS in 2006. Esteves replaces Simon Bunce, who after 18 years with the firm has decided to leave and pursue other opportunities, according to an internal memo from Huw Jenkins, chairman and CEO of UBS.

ABN, CSAM Swap EM Portfolio Managers
ABN AMRO Asset Management, which in April lost its star EM portfolio manager Raphael Kassin to Credit Suisse Asset Management (CSAM), has hired the same fund's co-portfolio managers Chris Kelly and Tomasz Stadnik to replace Kassin. "The switch wasn't...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management