UBS Asset Management announces new Country Head

Sydney, October 18, 2021 – UBS Asset Management announces that Alison Telfer has been appointed Country Head Australia and New Zealand. John Mowat, who has held the role ad interim, will resume his previous responsibilities of Head of UBS Asset Management’s Real Estate Business full time in January 2022 when Alison commences.

Alison joins UBS Asset Management from Blackrock, where she has worked for the past 8 years, most recently as Chief Operating Officer, General Counsel and Head of Public Policy for Australasia helping provide global capabilities to the local market and assisting BlackRock and clients to navigate regulatory change. Alison has over 20 years of experience working in Australian and global asset management. She has held a range of roles within the asset management industry spanning product development, strategy, client distribution, legal, compliance, regulatory and government affairs as well as the COO function. Prior to Blackrock, Alison served as senior legal counsel and later as a director, Specialised Product Development and co-investment group at Challenger Limited.

“We are delighted Alison is joining us as Country Head Australia and New Zealand, UBS Asset Management. Her strategic mindset coupled with her extensive Asia Pacific asset management experience will be valuable in helping her position UBS Asset Management for the future,” commented Nick Hughes, Joint-Country Head UBS Australasaia. “Alison is a highly experienced and impactful senior leader and has a solid track record of leveraging the best of breed product capabilities of a global organisation to benefit local clients. We are excited for Alison to join and for her to drive our Australian asset management business forward.”

“Australia is one of the largest investment markets in the world, and we are excited to have Alison on board at this pivotal time as we expand and shape the future of our franchise and capitalize on the significant opportunities we see,” said Raymond Yin, Head of Asset Management, APAC.

Alison has over 20 years of experience working in Australian and global asset management. Alison has held a range of roles within the asset management industry spanning product development, strategy, client distribution, legal, compliance, regulatory and government affairs as well as the COO function. Alison was most recently Chief Operating Officer and Head of Public Policy for BlackRock Investment Management Australasia, and is also a member of the Financial Services Council Investment Experts Group. Alison joined BlackRock in 2013 initially as general counsel and head of compliance and was appointed Head of Public Policy in 2016, Chair of the Australian Board in 2019 and COO Australasia in 2020. Reflecting her passion for developing talent and culture, Alison was the Executive Sponsor for BlackRock Women’s Initiative Australasia and for the firm’s Philanthropic Committee. Alison also held seats on BlackRock’s Asia Pacific Stewardship Committee and a number of diversity and mentoring initiatives.

Prior to joining BlackRock, Alison served for 8 years at Challenger, initially as senior legal counsel and later, director of specialized product development and co-investments working with institutional investors.

She holds a BA (communications/LLB).

www.ubs.com/au/en/asset-management.html

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS is the largest truly global wealth manager, and a leading personal and corporate bank in Switzerland, with a large-scale and diversified global asset manager and a focused investment bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.

Headquartered in Zurich, Switzerland, UBS has offices over 50 regions and locations, including all major financial centers, and employs more than 72,000 people around the world. UBS Group AG is the holding company of the UBS Group. Under Swiss company law, UBS Group AG is organized as an Aktiengesellschaft, a corporation that has issued shares of common stock to investors.

UBS Asset Management is a large scale asset manager with well diversified businesses across regions, capabilities and distribution channels. We offer investment capabilities and investment styles across all major traditional and alternative asset classes. Invested assets totaled USD 1.1 trillion at 30 June 2021. Asset Management is a leading fund house in Europe, the largest mutual fund manager in Switzerland and one of the largest fund of hedge funds and real assets investment managers in the world.

Media contact

Jen Warat (Aus): jenny.warat@ubs.com; +61 93242624 or +61 411383996

Rob Stewart (APAC): rob.stewart@ubs.com; +852 29718200 or +852 9189175

Switzerland: +41-44-234 85 00

UK: +44-207-567 47 14

Americas: +1-212-882 58 58

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