Swiss bank UBS is expanding its alternatives – private markets, credit, real estate and hedge funds – capabilities in Asia-Pacific with three hires in its alternative advisory and sales (A&S) division – Thomas Roland-Guyot, William Shi and Nikki Yeung, all of whom will report to Marie Chew, head of investment funds and alternatives for Southeast Asia.

Roland-Guyot, who joined the firm in late May, was most recently the head of private markets and alternatives at CA Indosuez, covering sales and due diligence of primary, secondary and co-investment activities. He has 10 years’ experience in alternatives in France, Switzerland and, for the past four years, Singapore. His primary coverage will be global family and institutional wealth (GFIW) clients, with a focus on private markets.

Shi, who has over 12 years of alternatives experience, will join the bank in early July from BOS, where he was responsible for building the alternatives franchise and led marketing efforts for all alternatives offerings. His primary coverage will be GFIW clients, with a focus on hedge funds.

Yeung joins the company in June from Deutsche Bank Hong Kong where she was an investment funds specialist for three and a half years.

“With the volatility in the markets lately, alternatives have taken centre stage in our clients’ conversations and portfolios,” says Dino Rinaldi, co-head of advisory, sales and client services, global wealth management, Asia-Pacific, UBS. “We have strong evidence from our latest UBS Global Family Office Report 2022 that many family offices are increasing their alternatives allocation. We are educating our clients on how adopting more of an endowment-style investing in their portfolio is beneficial to overall asset performance.”