UBP Archives - Fund Selector Asia

UBP: Expect another leg higher in yields

The Swiss private bank is bearish on longer duration bonds and credit.

Jamian Lai joins from Headline Asia, where he was most recently venture partner and head of investor relations.

The Swiss private bank has also lowered its outlook on investment grade.

Despite Australia’s decision to abolish AT1s and the fallout of the Credit Suisse wipeout, the asset class has performed well this year.

Union Bancaire Privée Hong Kong has added three wealth managers to grow its North Asia coverage.

UBP’s head of funds for North Asia tells FSA why fund monitoring is critical at the Swiss pure-play private bank.

VP Bank’s announcement comes after the reported resignations of CEO Pamela Hsu Phua and COO Heline Lam.

The Swiss private bank has also downgraded its outlook on Japanese equities amid the recent sell-off.

The Swiss private bank is bullish on Chinese and US equities.

As well as reducing its tactical negative stance on Chinese equities, UBP has also shifted its stance on fixed income, emphasising carry.