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UBS Wealth Management Asia AUM up 15% in Q2

The private banking arm of UBS in Asia grew its assets under management (AUM) by 15% year-on-year in Q2 2015, even as its relationship manager (RM) headcount fell marginally by 2%, said its latest quarterly report. UBS Wealth Management’s Asia AUM stood at US$284.9 billion in the second quarter of 2015 marking a 15% year-on-year growth, on par with rival…

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