Newsroom

Coming into 2024, here at UBP we hold a constructive view on the JPY. We anticipate that it will continue to appreciate over the course of the year, and we envisage a USD/JPY downward move to levels of around 135 by year-end, with risk skewed to the downside of this level. This represents a decline of at least 6% from current levels. Our generally constructive stance on JPY exchange rates reflects several factors.

Zawya (20.01.2024) - 2024 will be a strong year for gold. Our expectation of ongoing price increases for the yellow metal is driven by several factors, namely the global decline in inflation, weaker USD exchange rates, increasing concerns regarding US debt sustainability, central bank gold purchases, the resilience of gold trading, and ongoing geopolitical risks.

La meilleure nouvelle de 2024 pourrait être la confirmation de la désinflation mondiale.

Nous n'anticipons pas de baisses des taux directeurs des banques centrales avant le deuxième semestre 2024.

Les actifs sous gestion ne suffisent pas à évaluer l’importance d’une place financière ou d’une banque. Ce qui fait de la Suisse le leader mondial de la banque privée transfrontalière, c’est surtout l’excellence du service et de la gestion, davantage que la taille des actifs gérés.

L’Union Bancaire Privée annonce un bénéfice net de CHF 223,8 millions, en hausse de 6,4%

Portfolio construction is back to the forefront in 2024.

The sort of infrastructure that traditionally springs to mind might include bridges, roads, airports, rail and power. However, it can be argued in many cases that the infrastructure built over the last few decades is no longer fit for the future needs of society, given the heightened geopolitical risk, changing demographics, and environmental considerations.

Following up on its wish list published last month, UBP’s Impact team has looked at the outcomes of COP28, specifically as regards a call to action, the climate and nature agendas, adaptation, fossil fuels, and (once again) carbon pricing.

Rising interest rates have disrupted risk distribution in public and private markets, ushering in a new era distinct from the previous decade of suppressed risks and ample liquidity due to the "Fed put".

Electrification, weight-loss drugs, AI, digitalisation, cryptocurrencies, ESG darlings, 3D printing and the metaverse are some of the various themes that have been moving global markets recently. However, constantly shifting business environments and rapid technological advances can sometimes lead to a bubble-bursting situation for some themes and their major players.

Asian Private Banker, Twinkle Sparta (27.11.2023) - For many non-Chinese private banks and wealth managers like UBP, the first foray into the Chinese wealth market is to target local wealthy family office clients.