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UBS GWM APAC posts 9.7% annualised NNM growth

UBS GWM has posted 9.7% annualised NNM growth for APAC, boosting its regional AUM to total US$411 billion, according to the bank’s 1H19 results. In the first half of 2019, the bank recorded net new money inflows of US$17.3 billion for APAC, driven largely by a concentrated inflow to the tune of US$16.3 billion in Q1. By contrast, just US$1.1…

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