UBS appoints new head of outsourced buying and selling providing

Ian Energy has been named head of UBS’s Execution Hub, EMEA, having maximum lately served because the company’s head of multi-asset buying and selling, UK. 

He is taking over from Chris Blackburn who departed in February after just about 9 years with UBS.

In his tenure, Blackburn oversaw the improvement of the Hub, operating against opening up outsourced buying and selling as an possibility for better corporations in addition to overseeing the innovation of the providing. His subsequent position – set to start on 28 April 2025 – is as but unconfirmed. 

Learn extra: Head of UBS outsourced buying and selling providing departs

Previous to becoming a member of UBS, London-based Energy served as an international multi-asset and derivatives dealer at Newton IM, and sooner than that as head of buying and selling at Same old Existence Investments.

He has additionally labored in derivatives-related positions at more than a few corporations, together with: Ignis Asset Control, Axial Funding Control, and RBS.

UBS Execution Hub products and services hedge budget and asset managers of more than a few sizes, initially constructed to deal with execution for UBS World Wealth Control.

Chatting with The TRADE again in 2023, then head of Americas for the UBS Execution Hub, Jonathan Slavin, defined that the unit had prioritised bolstering its buy-side DNA throughout the crew. 

“If you’re going to depend on a spouse company for some a part of your buy-side execution procedure, you wish to have complete self belief that the folks acting that procedure have the data and the revel in to take action. We’ve predominantly employed extraordinarily skilled hedge fund and institutional investors who’ve observed all of the other portions of the cycle. 

“This provides us the vantage level of buy-side execution body of workers who’ve revel in managing each portfolio managers and getting the most productive out of a dealer community.” 

UBS had no longer answered to a request for remark on the time of publishing.