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I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

July 2003

John Fraser

by Julie Dalla-Costa

CEO, UBS Global Asset Management




John Fraser doesn't often have two hours to spare for a meeting at his London office. The jovial Australian CEO of UBS Global Asset Management (UBSGAM) currently spends 60% to 70% of his time travelling.

Fraser became the global head of UBS's investment arm in January 2002, taking over from Peter Wuffli, who moved up to be president of UBS Group. Fraser had been CEO of Asia-Pacific for the funds arm and was marked out for higher things when he was appointed president and COO.

From there, Fraser says the move up to global head wasn't too big a step. "I was deputy CEO when I was in Asia-Pac," he explains. Fraser expects the bigger challenge will be the restructuring of the firm this year.

In February the investment division was reorganized into three platforms sharing...


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