Bank J Safra Sarasin, the Swiss banking group now under Brazilian ownership, has appointed Paul Schulz as head of fund research, effective from 1 March.

Bank J Safra Sarasin, the Swiss banking group now under Brazilian ownership, has appointed Paul Schulz as head of fund research, effective from 1 March.

Schulz reports to chief investment officer private clients Philipp Baertschi and will be responsible for researching, coordinating and looking at third party funds for asset managers at banks and private clients.

He joins from Notenstein Privatbank, where he was head of fund research. He previously worked in fund research at UBS, and equity research at Deka and Dresdner Bank.

Last month, Sarasin & Partners, launched two new global equity income funds. The Sarasin Global Dividend Fund and Sarasin Global Dividend Fund (Sterling Hedged) both aim to achieve long-term capital growth, whilst also generating a premium income of at least 15 per cent to the MSCI All Countries World Index. In addition, the latter fund has hedged the currency risk for Sterling investors.

The launch came only a week after the firm announced an overhaul of its fund range and investment styles. Read more on that story, here.

Other recent hires include the appointment of Jennie Hananto  as vice chair for client advisory, South East Asia and Sergio Penchas as head of its asset management, products and sales division, and as a member of its executive committee in October last year.