UBS news

UBS Asset Manangement hires fixed income specialist

Sydney Media Releases APAC

  

UBS Asset Management Australia is pleased to announce the appointment of Patrick Jung as Fixed Income Specialist.

James Blair, Head of Fixed Income Specialist Team, APAC said: “UBS Asset Management is excited to announce the high calibre appointment of Patrick Jung to our team. Patrick has over ten years of experience in the industry, and he will further strengthen our existing capabilities and extensive experience in the fixed income space."

Working with our Sydney-based fixed income team, Patrick will support our communication and interaction with clients and research consultants. He will also assist the Client Coverage team to ensure we partner with our clients to meet their objectives. Patrick joins UBS from a leading industry super fund, where he was an Investment Specialist. He previously held an investment specialist role at NAB in Singapore.

BIOGRAPHY

Patrick Jung has more than ten years industry experience, having spent over eight years in a number of roles at National Australia Bank in Sydney and Singapore, and then close to two years at REST Industry Super. At REST, he was an investment subject matter expert for internal and external stakeholders, involved in business development, client communications, and training activities. Patrick started his career in 2006 at the ATO.

Patrick commenced his role at UBS Asset Management in June 2017.

Caroline Gurney

UBS Media Relations Australasia

+61 2 9324 3335

(M) +61 403 279 605

Jenny Warat

UBS Media Relations Australasia

+61 2 9324 2624

(M) +61 411 383 996

UBS Asset Management

UBS Asset Management (UBS) is a large scale asset manager with well diversified businesses across regions, capabilities and distribution channels, with invested assets of $910 billion globally at 31 March 2017. In Australia, UBS was established in 1986 and has invested assets of $48 billion at 31 March 2017. UBS provides investment management solutions to private clients, financial intermediaries and institutional investors across the world. UBS Asset Management is truly a global asset manager with presence in 22 countries through local office or joint venture.

To meet the needs of our clients, UBS Asset Management offers a diverse range of investment capabilities and styles. We offer equity, fixed income and multi-asset capabilities. UBS Asset Management has a history of investment expertise, delivery and execution in the investment management industry. We aim to combine the latest in portfolio construction, risk management, product development and investment knowledge.

UBS Asset Management (Australia) Ltd ABN 31 003 146 290 Australian financial services licence number 222605 is the responsible entity of, and issuer of units in, the Fund. The Fund is an exchange traded fund or “ETF”, the units in which trade like listed securities. Once quoted, units in the Fund can be traded on the AQUA market of the ASX similarly to the way you would transact in any other security quoted on the ASX. The offer to apply for the issue of units in the Fund is only available to ASX Trading Participants who are acting as principal and have been approved by the responsible entity. Individual investors may only invest in the Fund by purchasing units on the ASX via their stockbroker or financial adviser. The Fund is not available in any jurisdiction other than Australia, or to US Persons.

An investment in the Fund does not represent a deposit with, or a liability of, any company in the UBS group of companies and is subject to investment risk including possible delays in repayment and loss of income and principal invested. No company in the UBS group of companies, including the responsible entity, guarantees the performance of the Fund or the repayment of capital or any particular rate of return, or makes any representation with respect to the income or taxation consequences of an investment in the Fund. Information relating to past performance is not a reliable indicator of future performance.

The information in this document is general information only and does not take into account a person's individual objectives, financial situation or needs. Prospective investors should refer to the PDS for additional information and consider whether an investment is appropriate in light of their objectives, financial situation and needs. For advice or more information about the Fund, consult an Australian financial services licensee or an authorised representative.