UBS Global Asset Management has appointed Tracey McNaughton, a former Colonial First State investment specialist, as head of its investment strategy in Australia.
In her new role, McNaughton will be responsible for Australian economic and investment research, an important component of Global Investment Solutions’ (GIS) multi-asset strategies.
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In addition, McNaughton will also join the Australian Investment Committee, chaired by Keiko Kondo, senior portfolio manager of GIS.
McNaughton joins UBS from Colonial First State, where she spent the last three years as a senior investment specialist. She has 18 years of investment experience over a number of investment specialist and economist roles at Baillie Gifford, BT Investment Management, Westpac Investment Management and Credit Suisse First Boston.
Stefan Lecher, global head strategist for GIS said: "This appointment strengthens GIS resourcing in this key market to reflect our growing pool of assets and we are delighted to welcome Tracey to Global Asset Management."
Bryce Doherty, head of UBS Global Asset Management in Australasia, said: "McNaughton’s strong economic background would be highly useful in engaging with their institutional and wholesale clients, consultants and research houses. As a member of the Australian Investment Committee, her experience will be utilized across all our Australian investment strategies."
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