Newsroom

Spotlight - Having spent the first two months of 2019 travelling to see clients across Asia, the Middle East and Europe concern among clients remains and is surprisingly consistent across regions of the world despite one of the strongest rallies in global equities to start a year in the past 30 years. We address the three most asked questions.

Agefi Indices (25.02.2019) - The large amounts of convertible bonds issued in 2018 have created new investment opportunities.

Oil prices are up more than 23% year to date, with WTI increasing by more than USD 11 in under two months, reaching USD 56 towards the end of February.

Thomson Reuters Zawya (21.02.2019) - UBP's emerging markets push into the Middle East and Asia has been helped by the acquisition of former Lloyds and Coutts businesses.

China’s January total new credit (aggregate financing, flow data) reached a record high of RMB4.64trn ($690bn). Our China’s Credit Impulse Indicator finally turned around for the first time in 14 months. Does this signal a return of China’s aggressive reflation policy?

Fund Selector Middle East (18.02.2019) - Dubai expansion plans as Swiss-owned family firm’s asset management arm wins mandates.

Funds Magazine (02.2019) - “Generally, European convertibles have become highly defensive. The risks in investing in this asset class are therefore limited, as economic growth is still relatively solid and the outlook is decent for companies.”

Le Temps (18.02.2019) - Dem chinesischen Volksglauben zufolge dürfte das soeben begonnene Jahr – das im Tierkreiszeichen des Schweins steht – für den Finanzsektor erfreulich ausfallen, steht dieses Tier doch für Wohlstand.

Spotlight - The dramatic Fed pivot from hawkish in September 2018 to now at worst ‘neutral’ signals that the Fed is reluctant to ‘take away the punchbowl’ completely from the post-2008 economic expansion.

L'Agefi Indices  (28.01.2019) - Current market conditions could prompt investors to adopt methods to protect their equity portfolios.

Finanz und Wirtschaft (26.01.2019) - Jüngst fand der Goldpreis in der Nachfrage nach einem sicheren Hafen Unterstützung. Als Treiber wirkten der ungelöste Handelskonflikt der USA mit China und seine negativen Folgen für das globale Wachstum, die hohe Aktienmarktvolatilität, die politische Ungewissheit, die mit dem Brexit und den Unruhen in Frankreich einhergeht, und der teilweise Shutdown in den USA.

Union Bancaire Privée (UBP) has established a new asset management unit in Taiwan, UBP Asset Management Taiwan Ltd (UBP Taiwan), having secured a Securities Investment Consulting Enterprises (SICE) business License, with the ability to serve as a Master Agent, from the Financial Supervisory Commission R.O.C (Taiwan) at the end of 2018.

At the press conference on China’s policy easing on January 15, senior officials from People’s Bank of China (PBOC), Ministry of Finance (MOF) and National Development of Reform Commission (NDRC, the state planner) jointly reiterated the message of a deepening counter-cyclical policy to cushion the current economic slowdown.

Le Temps (21.01.2019) - We anticipate a challenging environment for the US dollar for a number of reasons: GDP growth is more constrained (the IMF expects the US to slow from 2.9% in 2018 to 2.5% in 2019), the Fed’s rate-hiking cycle is at a late stage, and US dollar valuations are stretched with the real effective measure 14% above its 10-year average.