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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

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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.

    UBSWealth managementFamily offices

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