UBS poaches three from J.P. Morgan private bank

UBS has lured Elan Cohen, Rizvan Baig and Matthew Peh from J.P. Morgan’s private bank.

Cohen has joined at the level of managing director. At J.P. Morgan, Cohen was the most senior portfolio manager in Asia, responsible for managing global discretionary portfolios for the bank’s largest private clients in Asia, as well as advising clients on tactical trading opportunities. Cohen also served on the portfolio construction team of J.P. Morgan’s private bank, which is charged with determining global asset allocation and fund selection.

Baig has joined UBS as an executive director. He held a same-level position at J.P. Morgan where he was a senior relationship manager, servicing ultra-high-net-worth (UHNW) families across Southeast Asia. Baig has a decade of experience in private banking across a variety of banks. He joined J.P. Morgan from Citi where he worked between 2003 and 2006, covering Singaporean UHNW families. Baig has also worked in wealth management with Morgan Stanley and Goldman Sachs.

Peh, who was an associate at J.P. Morgan private bank, has joined UBS as associate director.