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UBS Global Asset Management appoints head of active quantitative equities

UBS Global Asset Management has appointed William Weng to its structured equities team as the head of active quantitative equities, effective April 14, 2008.

Mr Weng will focus on building the active quantitative equities offering by launching active long only, 130/30 and market neutral quantitative equity strategies.

With over nine years of investment industry experience, Mr Weng was most recently with Credit Suisse Asset Management, where he was the head of the quantitative equities group that developed, managed and marketed quantitative active equity strategies.

Mr Weng will be based in New York and will report to Art Gresh, head of structured equities, who is based in London.