Mr McDermott joins UBS following eight years at BlackRock as an institutional account manager where his roles included managing relationships with superannuation, government and sovereign funds.
Head of UBS Asset Management for Australia and New Zealand Bryce Doherty said he was delighted by the appointment and looked forward to Mr McDermott strengthening the team.
"We felt it was important to increase our presence in Melbourne and adding someone with Liam’s experience to the team will ensure we continue to bring the best of UBS to Australian clients,” he said.
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