People moves

UBS snaps up Dyment as global head of hedge fund distribution

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UBS has announced the appointment of John Dyment, a well-known figure on both the buy and sell sides of the hedge fund industry, as global head of hedge fund distribution.

He will be responsible for the management and development of UBS’s strategically important hedge fund franchise, with global functional responsibility for sales, capital introduction and business consultancy services to the hedge fund community within the bank’s global prime services division.

Based in New York, Dyment will also have responsibility for coordinating all hedge fund sales activities across the UBS investment bank’s fixed-income, commodity and currency (FICC) and equity