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(Bloomberg) -- MetLife Inc., the largest U.S. life insurer, hired Drew Matus, formerly of UBS Group AG, as the chief market strategist of the company’s investment unit.

Matus will be responsible for formulating the insurer’s global and economic market outlooks, the New York-based company said Wednesday in a statement distributed by Business Wire.

To contact the reporter on this story: Katherine Chiglinsky in New York at kchiglinsky@bloomberg.net.

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net.

©2017 Bloomberg L.P.

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