UBS mourns sudden death of senior executive


'We are deeply saddened by the sudden passing'.

Andreas Hoefert, UBS’s chief economist for wealth management and the chief investment officer for Europe, has died, the bank said in an e-mailed statement Wednesday. He was 48.

'We are deeply saddened by the sudden passing of Andreas Hoefert', the bank said. 'He was a highly respected and well-liked member of our firm'.

Bloomberg News reports that Hoefert, a Swiss national, had been with UBS since 1999, starting as a senior economist at Group Economic Research, according to a CV on the bank’s website.

From 2000 to 2002, he was responsible for Swiss economic research at UBS Warburg, now the investment bank.

In July 2002, Hoefert joined UBS Wealth Management Research as head of economic research. From 2004 to 2006 he held the position of head of global investment recommendations.

To access the complete Bloomberg News article hit the link below:

Andreas Hoefert, UBS Chief Investment Officer for Europe, Dies

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