STAMFORD, Conn. (HedgeWorld.com)–UBS AG hired former Soci?t? G?n?rale Group veteran Chris Hagstrom to manage sales of equity swaps to hedge funds in the United States and to manage its U.S.-based international stock loan desk.
Mr. Hagstrom previously ran equity finance sales for Soci?t? G?n?rale in London. In 2003 he moved to New York to work on the firm’s derivatives team.
A UBS spokesman said Mr. Hagstrom’s hiring is part of a continuing expansion of UBS’ equity finance operation. A big part of that is servicing hedge fund managers.