Union Bancaire Privée announced that it has hired Eli Koen and Mathieu Nègre as co-heads of Emerging European Equities. They join from Fortis Investments.

‘We are delighted to welcome Eli and Mathieu’ said Richard Wohanka, CEO of Asset Management and Alternative Investments at UBP. ‘We are strong believers in emerging markets and Eli and Mathieu bring with them unrivalled experience in emerging European and Turkish equities.’ UBP calculates that most institutional investors are under-invested in both emerging market equities and bonds and is steadily building its capabilities and fund offering in these areas. By recruiting Eli Koen and Mathieu Nègre, the Bank will be able to offer its clients access to some of Europe’s fastest-growing markets and allow them to benefit from the strong ties that the pair have established with the local corporate sector. Eli Koen has seventeen years’ experience in the Turkish equity market and Mathieu Nègre has been managing emerging European funds since 2001.

‘Investing successfully in this region requires real commitment and an entrepreneurial approach. UBP offers exactly that and we are looking forward to developing a substantial activity there on behalf of its clients,’ added Eli Koen.