UBS strengthens its utilities coverage

UBS poaches Oldfield and Wong from Goldman Sachs to increase its research coverage.

UBS has hired two Goldman Sachs research analysts to strengthen its coverage of the utilities sector.

Stephen Oldfield will cover China and Hong Kong water, gas and infrastructure-related stocks as well as UBSÆ regional strategy product including co-ordination of UBSÆ existing coverage in India, Korea and Southeast Asia.

Nicholas Pink, head of equity research for Asia at UBS says ôStephen OldfieldÆs 10 years of experience as a top ranked sell-side analyst will be invaluable in providing further momentum...

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