BlueCrest Capital Management has lined up a new head of sales and marketing for Europe and the US - he will become the fourth person to hold this role in the space of a year.

Bob Shea will join the firm in October to head the sales and marketing team, according to a spokesman for the firm. He joins from UBS Global Asset Management, where he has spent the last five years as regional head of business development in its A&Q business, running teams in both Europe and the US.