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UBS sees Singapore shine amid rise of region's family offices
Republic soaks up new money at quicker pace, helping to push UBS Asia Pacific's Q1 results to new high
Published Wed, Apr 28, 2021 · 09:50 PM
Singapore
SINGAPORE as a wealth centre is gaining ground at a surer pace, capturing the rise of South-east Asia's new companies and more family offices setting up in the region, said a top executive from UBS on Wednesday.
It comes as UBS Asia Pacific hit a record high in the first quarter of 2021, with pre-tax profit up 21 per cent to US$900 million.
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