Ellen Schubert, global head of fixed-income hedge fund business at UBS, has retired. Schubert, who was previously the bank’s global head of FX hedge funds and prime brokerage, was a popular and highly regarded member of the market. “We know Ellen very well here. She is an outstanding lady, I couldn’t think of a negative word to say about her and we wish her very well,” says one of her former hedge fund clients.