China partnership a route to HNWI opportunity, says UBP
A partnership with an onshore bank is the preferred path for access to the mainland HNW base, according to Michael Blake, Union Bancaire Privee’s chief executive of Asia.
UBP
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PEOPLE MOVES: OMGI, Creechurch Capital, Aegon UK
Old Mutual Global Investors has named a new head of global bonds, while Creechuch Capital has lured its new managing director from Canada Life International and Aegon UK has created the new role of protection director.
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Switzerland’s UBP upbeat on Asia after Coutts deal
Despite private banks selling assets or cutting staff in Asia, Guy de Picciotto, chief executive of Switzerland-based Union Bancaire Privee (UBP), said his bank plans to hire roughly 40 relationship managers and expand in China.
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UBP on China: Sit tight as investor confidence heals
Investors in the China stock market should sit tight and wait for consumer confidence to heal, said the portfolio manager for UBP Asset Management’s China A-share fund.
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Investors should steer clear of China shares, says UBP
Jean-Sylvain Perrig, chief investment officer of private bank Union Bancaire Privée gives his view on the Chinese market, suggesting investors should avoid exposure to yuan-denominated securities.
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Coutts Int’l chief quits following sale to Union Bancaire Privee
Coutts International’s chief executive Alexander Classen has left the private bank following its sale in March.