Stephen Pak joins UBS
08 September 2010 Hong Kong
Image: Shutterstock
Stephen Pak has moved from Credit Suisse to become the new head of regional capital introduction at UBS' prime brokerage division.
Based in Hong Kong, Pak will head up a team that introduces Asian hedge funds to potential investors. He reports to Ashley Jarvis, global head of business and capital consultancy at UBS prime brokerage.
UBS has seen a number of changes in personnel in recent months, with a number of staff being poached by rival organisations and a raft of new hires.
"The whole nature of the industry and what clients want have been changing in the last couple of years," said David Gray, the bank's head of prime services in Asia-Pacific. "We have to move away from the generalist type of sales approach and instead moved toward seeking out and employing specialists."
Based in Hong Kong, Pak will head up a team that introduces Asian hedge funds to potential investors. He reports to Ashley Jarvis, global head of business and capital consultancy at UBS prime brokerage.
UBS has seen a number of changes in personnel in recent months, with a number of staff being poached by rival organisations and a raft of new hires.
"The whole nature of the industry and what clients want have been changing in the last couple of years," said David Gray, the bank's head of prime services in Asia-Pacific. "We have to move away from the generalist type of sales approach and instead moved toward seeking out and employing specialists."
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