As well as reducing its tactical negative stance on Chinese equities, UBP has also shifted its stance on fixed income, emphasising carry.
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As well as reducing its tactical negative stance on Chinese equities, UBP has also shifted its stance on fixed income, emphasising carry.
The Swiss bank’s assets under management were largely flat compared with the end of last year.
Based in Hong Kong, Linda Lam will report to Andy Lee, head of investment services in north Asia.
The acquisition follows on the heels of a successful partnership between the two firms in the Japanese small cap space.
The hires include Andrew Chin as head of north Asia.
Andrew Chin was most recently with HSBC Global Private Banking.
As part of the reorganisation, investment services leadership will no longer be concentrated at the regional level.
UBP picks hedge funds and fixed income to shine in 2023.
AXA IM adds two staff to its China joint venture, while UBP strengthens its investment services team.
The wealth management positions are in Singapore and Taiwan .
Part of the Mark Allen Group.