UBS Wealth Management Americas has ended its search for a head of investment manager research, appointing internal candidate Joseph Aniano to the role, Citywire can reveal.
Aniano has been with UBS since 2007 and most recently held the position of senior research product manager.
He has been in this role, and part of the research team, for two years and prior to that worked within the firm’s private bank in North America as a senior sales officer.
A spokesman for UBS declined to comment.
Citywire first reported at the start of February that UBS was looking to fill the position.
In his new role Aniano will oversee a collection of analysts, who are responsible for researching and recommending long-only mutual funds and separate accounts for UBS advisory, brokerage and institutional consulting platforms.
He will work alongside Glenn Regan, head of managed solutions and portfolio guidance, and Ray Joseph, head of portfolio model management, who oversaw the hiring process.
Last year UBS merged its manager research, model portfolio and investment teams into one unit as part of a major reorganization.
The combined unit, called managed solutions and portfolio guidance, is led by Regan, who joined UBS last March from Morgan Stanley Wealth Management.