The latest moves and appointments across the Asia-Pacific wealth management market.

Crestone
The Australian wealth business called Crestone, formed when the UBS business in the country was spun off in a management buyout, maintained the link with the Swiss banking giant by hiring Scott Haslam as chief investment officer, it said yesterday.

Haslem takes up the role to replace Dr David Sokulsky. He starts in the position in January next year. Most recently, Haslem was most recently managing director and chief economist, head of macro research, for Australia and New Zealand at UBS.

Prior to joining UBS, Haslem spent seven years working for the Reserve Bank of Australia, primarily in the economic activity and forecasting section.

Crestone has 170 employees, including over 70 investment advisors. It has offices in Brisbane, Melbourne and Sydney. It continues to work with UBS, as well as partnering with Commonwealth Bank of Australia, Credit Suisse (Sydney Branch) and The Northern Trust Company, as well as Avaloq, the fintech firm.