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) - Le dynamisme de l’activité primaire convertible en 2018 a créé de nouvelles opportunités d’investissement.

UBP a le plaisir d’annoncer que sa succursale de Singapour, Union Bancaire Privée, UBP SA Singapore Branch («UBP Singapour»), a obtenu une licence bancaire «wholesale» de la Monetary Authority of Singapore («MAS»). UBP Singapour prévoit ainsi de commencer ses opérations en qualité de banque «wholesale» à compter du 1er avril prochain.

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) - "Les convertibles européennes sont devenues très défensives. Par voie de conséquence, investir dans cette classe d’actifs représente un risque limité, car la croissance économique reste relativement robuste et les perspectives des entreprises correctes."

Le Temps (18.02.2019) - Si l’on se fie à la croyance populaire chinoise, l’année qui vient de débuter – sous le signe du cochon – s’annonce encourageante pour le secteur financier, cet animal étant un symbole de prospérité.

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.

In 2018, UBP started a collaboration with the Cambridge Institute for Sustainability Leadership (CISL), a pioneering institution within the University of Cambridge working with influencers to build a sustainable economy.

L'Agefi Indices (28.01.2019) - L’environnement actuel des marchés pourrait amener les investisseurs à mettre en place une ligne de défense pour leur portefeuille actions.

Finanz und Wirtschaft (26.01.2019) - Gold prices have been supported by safe-haven demand. The as yet unresolved tariff dispute between the US and China and its negative impact on global growth is one factor giving investors the jitters. The elevated equity market volatility is another. And the Brexit confusion, the US government’s partial shutdown and the protracted social unrest in France are adding to the uncertainty.

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) - Le dollar US (USD) devrait être mis à rude épreuve. La croissance du PIB américain devrait en effet ralentir (2,5% en 2019 contre 2,9% en 2018 selon le FMI), le cycle de hausse de taux de la Fed est bien avancé, et les valorisations de l’USD sont tendues (s’affichant au-dessus de la moyenne sur 10 ans).