UBS Asset Management has appointed Pedro Coelho as head of UBS ETFs Spain.
Coelho will be based in Madrid and report to Simone Rosti, head of UBS ETFs Southern Europe.
In his role, Coelho will be responsible for business development for ETFs and will aim to grow and strengthen the professional client relationships in all key market segments, together with the UBS AM Spain business led by Juan Infante.
Coelho started his career in the financial sector in 2000 in Lisbon and before joining the UBS ETF team he worked for ten years in NN Investment Partners, in Madrid and Lisbon, where he was a senior clients director for Iberia, Latin America and US Offshore.
He has a Bachelor’s degree in Economics by ISEG Lisbon School of Economics and Management and an MBA by NOVA School of Business & Economics.
UBS ETFs is providing index-based investment vehicles to clients since 2001. Today UBS is the fourth European ETF provider and one of the fastest growing in Europe, with around $29bn (€25.6bn) in AUM (source: ETFGI, July 2016).
In Europe, UBS offers a wide range of ETFs, replicating more than 170 fund and currency share classes, covering equities, fixed income, commodities and alternatives. UBS ETFs is managed by UBS AM, with about $660bn of AUM and a long-term commitment to passive management ($215bn in indexed products and managing passive assets for 30 years).