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UBS sees strong growth in private client mandates

It aims to raise penetration of mandates among Apac clients from 13% to 18%, on both discretionary and advisory portfolios.

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Martin Blessing, global co-head of UBS Global Wealth Management, says: "Apac is a sweet spot. Overall we expect wealth and the economy to grow faster in Apac than other parts of the world."

MARKET volatility and the outperformance of managed solutions are helping to drive adoption of investment mandates among UBS private clients.

Martin Blessing, global co-head of UBS Global Wealth Management, says the group aims to raise the penetration of mandates among Asia Pacific...

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