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UBS Asia-Pacific posts record growth in assets and pre-tax profit

Genevieve Cua

Genevieve Cua

Published Thu, Jan 28, 2021 · 05:50 AM
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Singapore

DESPITE the pandemic, UBS' AsiaPacific (Apac) business has streaked ahead to achieve a record growth in assets under management (AUM) and pre-tax profits.

AUM in the wealth management segment rose by US$110 billion over 12 months to US$560 billion as at end-December, compared to US$450 billion at end-2019.

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