UBS Asia-Pac AUM crosses 300b Swiss francs
Robust inflows and portfolio performance lift AUM in the region by 17 per cent year on year in the quarter to March 31
Add BT as a preferred source
Genevieve Cua
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
STRONG inflows and portfolio performance have pushed UBS Wealth Management's Asia-Pacific-invested assets past the 300 billion-Swiss franc (S$423 billion) threshold for the first time.
On a year-on-year basis, assets under management (AUM) in the region rose about 17 per cent in the quarter ended March 31 to 311 billion francs, compared with 266 billion francs at end-March 2016. On a quarter-on- quarter basis, the growth was about 6.5 per cent, from 292 billion francs at end-December.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
