The firm is repositioning its alts offering in response to demand. Global head of investment funds, Rene Buehlmann, says asset managers can do better in talking up globally diversified product.
Tag : ubs wealth management
The bank expects a rotation from Asian bonds to equities on valuation grounds, with its Asia-Pacific CIO Yonghao Pu saying it may look to develop more equity-related products.
Inflation in developed markets is inevitable and wealthy investors should prepare to get out of sovereign bonds, says UBS’s head of investment, Mark Haefele.
The long-serving CEO of UBS Global AM’s Asia-Pacific business is stepping down after leading the firm to a top-tier position in the region.
The wealth management division has appointed Valerie Chou with a hiring remit to deliver integrated bank solutions. It also brings in Linda Kwo as a team head for Hong Kong.
The bank has also appointed Edmund Koh to its global wealth management executive committee in a move seen as grooming him for future regional leadership.
The Swiss bank hires Philip Kunz to lead its charge in Indonesia. He was previously regional head of wealth management for HSBC Private Bank.
The bank transfers Alexander Kobler from Switzerland to become head of its new investment products and services unit in Asia-Pacific, following the departure of Michael Benz who left to join Bank of America Merrill Lynch.
The wealth businesses of UBS, BNP Paribas and Barclays announce senior hires, focusing on family office, independent wealth and trust structuring and advisory, respectively.
The bank appoints James Hong as its first private banking chief executive for Hong Kong. Meanwhile, managing directors Betty Tsui and Edith Lau are said to have quit UBS Wealth Management.