Credit Suisse integration changes UBS Asset Management: New management in the real estate sector

Credit Suisse integration changes UBS Asset Management: New management in the real estate sector

According to a report by www.finews.ch,

As a result of the integration of Credit Suisse, UBS Asset Management has made changes to the real estate management team. Jon Hollick has been appointed as the new head of global real estate investments, excluding the Swiss, German and Austrian (DACH) markets.

The integration of Credit Suisse's (CSAM) business has seen the UBS fund arm strengthen its position as the world's leading real estate manager. The expanded global platform offers growth opportunities that should be exploited.

These changes may have an impact on the real estate market, particularly in relation to investments and the expansion of real estate growth targets. Strengthening the UBS fund arm's position as a leading real estate manager may result in more investors having confidence in the market and considering new opportunities.

The transfer of Credit Suisse employees to competitors can also have an impact on the industry as a whole, as knowledge and experience are transferred and the competitive landscape is changed.

Overall, the reorganization of the real estate leadership team indicates an increased growth strategy for UBS Asset Management, which could potentially influence the global real estate industry.