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UBS expands Australian wholesale team

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By Scott Hodder
  •  
2 minute read

UBS Global Asset Management has appointed three new members to its Australian wholesale sales team.

Marcus Cleary, Alycia Vassallo and Adam Muston have joined UBS GAM.

UBS GAM head of Australian wholesale sales Alistair Dunne said the expansion of the team coincides with “strong [third quarter] inflows” across all of its asset classes, and reflects “increasing confidence” from research consultants and advisers in its investment teams.

Mr Cleary will join the team as national sales manager with responsibility for clients in Victoria, Tasmania and South Australia, while Ms Vassallo will join as a consultant relationship manager with responsibility for managing the research house and asset consultant relationships.

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The global asset manager also said Mr Muston will join the Australian wholesale team as ETF capability manager and will be responsible for the development and marketing of its ETF offering.

Mr Cleary joins the team from Colonial First State, while Ms Vassallo joins from Perennial Investment Partners and Mr Muston from Shaw Stockbroking.