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UBS AM appoints investment co-heads

Firm will combine its direct public and private markets capabilities within expanded Investments business

by Funds Europe
18 December 2025
Sonja_Laud

Sonja Laud

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UBS Asset Management has appointed Barry Gill and Sonja Laud as co-heads of its investments business, which brings together its direct public and private markets capabilities with over USD 1.8 trillion in combined invested assets.

Laud will join on 1 July 2026, based in London, and become a member of the AM Management Team reporting to Aleksandar Ivanovic, President Asset Management. She will also be appointed Head of AM EMEA, reporting additionally to Beatriz Martin in her capacity as President UBS EMEA.

She was most recently Global Chief Investment Officer at Legal & General (L&G) Asset Management, where she was responsible for investment and stewardship activities across active and index capabilities.

In this role, she was a member of L&G Asset Management’s executive team and also CEO of L&G AM Ltd.

Laud is currently the Chair of the UK’s Investment Association’s Investment Committee. Through her 24-year career, she has held a range of senior investment roles, including managing flagship Global Equity and Multi-Asset capabilities, at Fidelity International, Barings and Schroders, and started her career at DWS.

Barry Gill has worked at UBS for 30 years, with responsibility for AM’s traditional and hedge fund Investment capabilities, based in New York.

He joined the asset management division in 2012 within the O’Connor investment team, and was appointed Head of Active Equities in 2016. He started his career at UBS Investment Bank as a graduate trainee in 1995.

Aleksandar Ivanovic, President Asset Management said: “As a further step in driving asset management’s strategic transformation, we are integrating our Global Real Assets and Investments businesses within a single platform.

“This move will enable us to leverage the best of our expertise and technology across the breadth of our direct public and private markets capabilities to meet the evolving needs of our clients and capture the significant growth opportunities.

“Sonja brings highly complementary skills and expertise to the team, and we look forward to welcoming her to Asset Management to lead the combined Investments business forward in partnership with Barry.”

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