UK - Merrill Lynch Investment Managers (MLIM) has lost Michael Housden to UBS Global Asset Management.
Housden has been appointed as managing director within the client portfolio management team, and will be responsible for developing and maintaining relationships both in the UK and overseas.
He will report to Matthew Stemp, chief investment officer for the UK and head of the client portfolio management team.
Previously, Housden held a similar role with MLIM. Prior to this he spent 11 years with Towers Perrin where he became a partner in 1994.
Housden’s appointment follows other appointments to the UK institutional marketing team, including Ian Lewis, also from MLIM, who was appointed head of consultant relationships.
Commenting, Paul Yates, chief executive of UBS Global AM UK, said: [Housden] brings a wealth of investment experience and client servicing expertise to our business at a time when we are concentrating on communicating and marketing our investment capabilities.
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