The interest rate hike in emerging markets has started much earlier than in the OECD area. Switzerland’s Union Bancaire Privee is responding to this with two appointments.
Sergio Trigo Paz has been appointed Chief Investment Officer at Union Bancaire Privée (UBP), according to a media release.
Paz was head of emerging markets at Blackrock for 10 years until March of this year. He is based in London and heads a team of nine, which are spread across London, Zurich, and Hong Kong.
UPB also appointed Soledad Rocio Acoroni as a portfolio manager who will join the firm in Zurich, coming from Larrain Vial AM in Chile.
There, as portfolio manager, she handled strategies in Latin American corporate securities, ESG strategies in sovereign and corporate bonds issued in the region with low carbon footprints, and strategies in Argentine government and corporate bonds.