UBS Fund Arm Nabs JPMorgan Prop Chief

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UBS Fund Arm Nabs JPMorgan Prop Chief

Dillon Read Capital Management, the alternative investment business of UBS, has hired JPMorgan's global head of proprietary trading. Aziz Nahas told DW he will join Dillon Read as global head of equities, reporting to John Costas, ceo. A call to Costas was transferred to UBS' marketing group, which did not immediately return a message.


Sarah Oppler, spokeswoman for JPMorgan, did not immediately comment on a replacement for Nahas.

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