Departure marks the third senior exit from UBS Asset Management since late last year

One of the best-known faces in UK institutional investment sales has left UBS Asset Management after just over two years, 

Peter Cazalet, executive director for UK business development, left the company at the end of August, according to a person familiar with the matter. The Financial Conduct Authority's register notes his last day at UBS as August 31, 2017. UBS did not respond to calls for comment in time for publication.

Sales director departs UBS investment business

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