Based in Hong Kong, Anthony Kao will oversee the new team, which comprises all equity, fixed income and fund specialists in Hong Kong and Singapore.
He reports regionally to Edouard Hoepffner, head of investment services Asia, and globally to Philippe Henry, global head of advisory.
Prior to joining UBP, Kao spent over ten years at Citigroup where he was most recently the North Asia team lead for the global investment lab, a team covering multi-asset class portfolios for ultra and mega wealth clients and family offices.
Kao has also held a number of senior positions in Hong Kong and New York, as a treasurer, merger and acquisition analyst, as well as on the equity research side.
The Swiss bank simultaneously announced the creation of the advisory solutions team within investment services in Asia.
The regional team will have full oversight over direct equities, fixed income and funds, management of the product pipeline, product launches, and product innovation, according to the announcement.
“[The team] will constantly seek out investment opportunities for our clients in Asia through the creation of themes, locally manufactured products, and will coordinate our global launches for both internal and external products. The team will also be a key conduit to tap into UBP’s global expertise and ensure that UBP remains highly innovative in its investment offering,” said the bank.
UBP has made several key hires since last year to expand its Asia business and in its investment services unit.
In October, the bank appointed Ling Vey-Sern as senior equity advisor, Asia technology and Nicolas Wang, senior equity advisor, Asia healthcare.
It has also poached Frankie Tong from Deutsche Bank as head of investment consulting, North Asia in early 2021.
Geneva-based UBP specialises in wealth management for private and institutional clients. It employs 1,904 people in 20 locations worldwide and it holds CHF160.4bn ($173.5bn) in AUM (as at 31 December 2021), according to the bank.
