UBS Wealth Management has appointed a new chief investment officer, WealthBriefing can confirm, according to people familiar with the matter.

Christoph Schenk, who used to be chief executive of pensions at the Zurich-listed firm, joins the wealth management division on 1 October.

He reports to Markus Ronner, head of products and services, and chair of the global investment committee as well as Juerg Haller, co-chair the global mandate committee.