UBS Asset Management appoints Barry Gill and Sonja Laud as Co-Heads of its Investments business

• UBS Asset Management will combine its direct public and private markets capabilities within its expanded Investments business under the joint leadership of Barry Gill and Sonja Laud
• Sonja Laud to join UBS Asset Management on 1 July 2026

London, 17 December 2025 – UBS Asset Management (AM) today announces the appointment of Barry Gill and Sonja Laud as Co-Heads of its Investments business, which brings together its direct public and private markets capabilities with over USD 1.8 trillion in combined invested assets.

Aleksandar Ivanovic, President Asset Management: “As a further step in driving AM’s strategic transformation, we are integrating our Global Real Assets and Investments businesses within a single platform. This move will enable us to leverage the best of our expertise and technology across the breadth of our direct public and private markets capabilities to meet the evolving needs of our clients and capture the significant growth opportunities. Sonja brings highly complementary skills and expertise to the team, and we look forward to welcoming her to Asset Management to lead the combined Investments business forward in partnership with Barry.”

Sonja will join on 1 July 2026, based in London, and become a member of the AM Management Team reporting to Aleksandar Ivanovic, President Asset Management. She will also be appointed Head of AM EMEA, reporting additionally to Beatriz Martin in her capacity as President UBS EMEA.

Sonja was most recently Global Chief Investment Officer at Legal & General (L&G) Asset Management, where she was responsible for all investment and stewardship activities across the active and index capabilities. In this role, she was a member of L&G Asset Management’s executive team and also CEO of L&G AM Ltd. Sonja is also currently the Chair of the UK’s Investment Association’s Investment Committee. Through her 24-year career, she has held a range of senior investment roles, including managing flagship Global Equity and Multi-Asset capabilities, at Fidelity International, Barings and Schroders, and started her career at DWS.

Barry Gill has worked at UBS for 30 years. He has been a member of the AM MT since 2019, with responsibility for AM’s traditional and hedge fund Investment capabilities, based in New York. He joined AM in 2012 within the O’Connor investment team, and was appointed AM’s Head of Active Equities in 2016. Barry started his career at UBS Investment Bank as a graduate trainee in 1995.

About UBS Asset Management
UBS Asset Management is a global, large-scale and diversified asset manager offering investment capabilities and strategies, across all major traditional and alternative asset classes, to institutions, wholesale intermediaries and Global Wealth Management clients. It is one of the leading Europe-based asset managers, with total invested assets of USD 2,043bn globally at the end of 3Q25, and has a presence in 24 markets. UBS Asset Management is focused on meeting the evolving needs of its clients by capitalizing on the products and areas where it has a differentiated and scalable offering and by expanding the strong partnerships with the other business divisions across the Group. www.ubs.com/assetmanagement

UBS Asset Management AG