Posted inPeople Moves

New appointments at HSBC PB and UBS WM

HSBC Private Banking hired a strategist from Credit Suisse and UBS Wealth Management promoted a global distribution head for alternatives and syndicate.

Patrick Ho has been hired as Asia investment strategist for HSBC’s private banking business.

Based in Hong Kong, he will support the development of regional investment and product strategies across all asset classes for clients in Asia, according to a statement from the bank. He will also play a key role in contributing to thematic research, said Fan Cheuk-wan, Asia head of investment strategy and advisory.

Ho has 23 years of experience in equity research, portfolio strategy and asset allocation, which includes 11 years working at private banks.

He was most recently the director of Greater China equity research at Credit Suisse Private Bank for about a year. Before that, he spent ten years at the UBS Wealth Management, and was Asia-Pacific head of thematic research and deputy head of equity before he left in September 2016, according to his Linkedin account.


UBS Wealth Management announced that Bryan Crawford has been promoted as global head of alternatives and syndicate distribution. His role had been head of Asia-Pacific.

Based in Hong Kong, Crawford has worked at UBS for about five years, according to his Linkedin profile.

Crawford will be responsible for the distribution of hedge funds, private equity, real estate and sustainable investing, the firm said. He will also work with UBS Investment Bank, external distributors and UBS Wealth Management clients on public equity and debt capital market transactions.

“Assets allocated to the alternatives sector continue to grow, and the next twelve months is likely to present opportunities for hedge fund and private equity managers to generate attractive returns,” Crawford said in the statement.

“Investors expecting a rise in volatility should increase allocations to hedge funds and, for those attracted to the performance premium from taking illiquidity exposure, to private equity,” he added.

UBS is also overhauling its wealth management business in Europe and emerging markets, reports FSA‘s sister publication, International Adviser.

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