William Ferri was named global head of alternative & quantitative investments at UBS Global Asset Management, confirmed spokesman Kris Kagel.
Mr. Ferri replaces Joseph Scoby, a group managing director and 23-year veteran with the firm who will retire from UBS on June 30, Mr. Kagel said.
Mr. Ferri was deputy global head of alternatives & quantitative investments. Mr. Kagel didn’t immediately have any information on plans to replace him; Mr. Scoby couldn’t immediately be reached for comment.