Benno Klingenberg-Timm spent more than two decades at UBS Asset Management.

Benno Klingenberg-Timm spent more than two decades at UBS Asset Management.
Nicholas Tong will report to Glen Lee, head of intermediary distribution for Asia ex-Japan.
GSAWM is hiring, UBS’s ex China ETF, Morningstar’s gloomy message on fund fees, Vanguard’s persistence, the Bitcoin spot futures battle rages, earnings powerhouses, chaos and creativity and much more.
Yong Duk Kim has joined as country head from PGIM Fixed Income.
The race among global asset managers for success in China is entering a new phase, according to the latest Broadridge analysis.
In a low yield environment, investors are advised to look at alternative sources of income, according to UBS Asset Management.
Inflows toward China funds have made UBS AM to be the third largest master fund firm in Thailand, according to a Morningstar report.
But JP Morgan AM and Blackrock are catching up, according to Broadridge’s ranking exercise of global managers.
Separately, UBS SDIC AM’s licences in the territory were removed.
Part of the Mark Allen Group.