UBS Asset Management’s Global Real Estate business has appointed Paul Guest as executive director, lead real estate strategist.
Guest will be responsible for identifying and advising upon risk-adjusted return opportunities and providing global market forecasts.
He will also have responsibility for the co-ordination of UBS Asset Management’s house view on real estate investment markets.
Guest will be supporting multi-regional investment mandates with qualitative and quantitative analysis of cross-regional economies and investment markets. In addition he will liaise with UBS’s wealth management and investment banking businesses.
He joins UBS following four years at LaSalle Investment Management, where he was most recently regional director of research and strategy, Asia Pacific.
Prior to that, he held the roles of global capital markets research director, head of EMEA research and director of UK research for Jones Lang LaSalle, where he was for four years.
William Hughes, global head of real estate research and strategy said: “Paul will be fulfilling a crucial client-facing role within our real estate business, providing a macro view of the real estate sector within the wider global context whilst offering informed views of how it sits within a multi-asset portfolio.”
Paul Guest added: “Advising clients on the relative performance of markets and sectors across the globe and explaining the benefits and costs of different market entry and exit strategies will be a key focus of mine. As the asset class continues to grow and mature, I will be working to place real estate in the context of a multi-asset landscape and to help clients define and execute their global real estate investment strategies.”