UBS Asset Management has hired Pedro Coelho as head of UBS ETFs Spain.
Based in Madrid, 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.
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Coelho, who started his career in in the financial sector in 2000, will report to Simone Rosti, head of UBS ETFs southern Europe.
He is joining UBS Asset Management from NN Investment Partners, where he worked for 10 years in Madrid and Lisbon.
UBS is the fourth European ETF provider with around $29bn in AUM according to ETFGI (as of July 2016).
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