Photographer: Chris Ratcliffe/Bloomberg

There's a Simple Reason Why UBS Is Hiring So Many Quants

Updated on
  • Low returns prompt move to broaden range of investment options
  • Many of the new quant hires are women, CIO Haefele says

UBS Group AG doubled the number of quants working for Chief Investment Officer Mark Haefele in the past two years. He wants to hire even more.

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