Singapore’s state-run GIC is dumping 93 million shares of UBS at a loss, according to a statement from the sovereign wealth fund.
Tag: UBS
J Safra Sarasin poaches senior exec from UBS WM
Bank J Safra Sarasin has appointed Vinay Gandhi as its managing director and CEO for its new ultra-high-net-worth (UHNW) Asia division.
The FSA Spy market buzz – 03 March 2017
UBS loses, so does Credit Suisse; FPI boss returns; change at Franklin Templeton; T Rowe Price is hiring; Jobs are tight in Japan; Fed Up book review; Munger’s wisdom and much more.
The FSA Spy market buzz – 24 February 2017
Legg Mason hires; Change at Navigator; UBS is doing well; Discretionary thoughts from ICBC and BEA; Vontobel researches; Fidelity vs Blackrock; Contrarians at Schroders and much more.
The FSA Spy market buzz – 25 November 2016
Fees in HK and Singapore; Change at Capital; UBS’s outlook; Anti-establishment worries at Columbia Threadneedle; Naughty banks; Blockchain in France; advertising from UOB and much more.
The FSA Spy market buzz – 28 October 2016
DB’s poaching woes; Rumour at UBS; Wellington hires; A good year for some; Fund selector promotions; CTCB growing; BNY Mellon takes on multi-asset, hedge fund woes and much more.
FSA ANALYSIS: Tracking responsibly – are ESG index trackers any good?
The growing popularity of index investing is only just starting to be felt in the world of responsible investing but as the market for plain vanilla trackers becomes increasingly crowded, what does the future hold for ESG passive products?
Singapore to act against four banks over 1MDB scandal
Singapore’s MAS plans to take action against four major banks, including a Swiss private bank, over their involvement with the scandal-ridden Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB).
UBS likes defensive sectors for China equities
A-shares have been range bound, but supply-side reform progress and the expected link between the Shenzhen and Hong Kong markets present tactical opportunities, the bank said.
China A-shares outlook better for 2H, says UBS
China’s A-shares are expected to enjoy near-term support from accommodative policies and the Shenzhen stock connect.
