Asia is in the vanguard of new technology trends, providing opportunities for investors, according to UBS Wealth Management.
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Asia is in the vanguard of new technology trends, providing opportunities for investors, according to UBS Wealth Management.
UBS WM attracted strong inflows from Asia-Pacific, which helped offset investment bank losses, but results were clouded by reports of an investigation by Singapore’s regulator.
The funds will be distributed worldwide by UBS Global Wealth Management.
Corporate earnings growth and government policies support Chinese equity allocations, the UBS CIO advises its wealthy clients.
UBS Wealth Management recommends clients to underweight stocks and reduce portfolio risk amid the escalating US-China trade dispute.
However, in the SAR, sustainable investing is still all about returns.
However, the bank’s wealth management unit had net outflows of new money in the US.
The private bank is the latest wealth manager to essentially steer neutral, but recommend a tilt toward portfolio protection.
Marina Lui and Raymond Ang are among the beneficiaries of organisational changes at the Switzerland-based wealth manager.
August Hatecke, co-head of wealth management for Asia-Pacific, will also assume the role of country head of Singapore and head of the Singapore branch.
Part of the Mark Allen Group.