Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:UBS and Credit Suisse Anoint Asset Management Bankers Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, April 1, 2016

UBS and Credit Suisse Anoint Asset Management Bankers

News summary by MFWire's editors

When there's something strange in the mutual fund neighborhood and you're thinking about selling, who you gonna call? Assuming Venkman, Ray, Spengler, and Winston aren't available, you might turn to the global asset management bankers, also based in Gotham, who were just appointed by a pair of multinational investment banks.

Ros Stephenson
Global Corporate Client Solutions
Chairman
Bloomberg and Reuters report that, per company memos, UBS has hired Joseph Hershberger as vice chairman in the financial institutions group, focused on global asset management, while Credit Suisse has promoted Hamish Summerfield to head of global asset management.

Summerfield succeeds Hershberger, who spent the past decade at Credit Suisse. Summerfield previously served as Credit Suisse's London-based head of asset management for Europe, the Middle East and Africa; he is heading for New York now.

Prior to joining Credit Suisse a decade ago, Hershberger led hedge fund and asset management banking for Putnam Lovell.

Credit Suisse's asset management deals in recent years have included: BlackRock's purchase of BGI in 2009; ING's U.S. IPO in 2013; OMAM's spinoff IPO in 2014; and yesterday's just announced, not-yet-closed sale of GEAM to SSgA.

The Reuters story does not provide much detail on either the Credit Suisse memo or the UBS one. The UBS one was reportedly sent by Ros Stephenson, chairman of global corporate client solutions. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use