UBS
UBS AM granted private fund license in China
Swiss bank UBS has announced that its Chinese asset management arm has been granted a license to manage money for institutions and wealthy investors onshore in China.
Maria Sharapova joins advisory board at UBS Wealth
Tennis star Maria Sharapova has joined a new advisory board at UBS Wealth Management in aims of boosting the confidence of female investors.
People Moves | 7 Jul 17
PEOPLE MOVES: Jersey Finance, Quilter Cheviot, HSBC, UBS
Jersey Finance appoints a former IMF economist as its new chairman while Quilter Cheviot’s Jersey office makes a notable investment hire. HSBC names a new investment strategist on Asia as UBS promotes its head of Asia-Pacific.
Investment | 6 Jul 17
Ultra-wealthy missing out on ‘huge returns’
Risk averse high-net worth investors are losing out on significant returns, as more than a third of the average portfolio is held in cash new analysis by UBS has revealed.
UBS announces major European and EM wealth business shake-up
UBS Group is overhauling its wealth management businesses in Europe and emerging markets (EEM) by reducing its booking hubs to three from around 10 and has announced a senior management restructure.