UBS Asset Management has appointed Barry Gill as head of investments with effect on the 1 of November.
Gill, who is currently head of equities at the firm, will be responsible for supervising around $710bn in assets under management across so-called traditional and alternative asset classes.
To be based in New York, Gill will be replacing Suni Harford, who was recently appointed president at UBS AM as well as member of the UBS Group's executive committee.
In addition to his role as head of investments, he will be part of the manager's executive committee, reporting to Harford.
Over his 25 years' career working at the firm, Gill held different positions for both the equity unit of the firm's investment banking and for the hedge fund of O'Connor.
In 2016, he was named equity director, a role he has been holding to the date and that now will be taken on by Ian McIntosh, who has been deputy director since 2016 too.
UBS had announced in August that Harford would be replacing Ulrich Koerner as president of asset management. Koerner will remain with UBS as senior adviser to Group CEO, Sergio P. Ermotti until March 31 2020, to support the transition.