UBS GWM sees APAC pre-tax profits grow 115% QoQ as NNA inflows rise

25 April 2019 | 2 minutes read

UBS Global Wealth Management’s Asia Pacific business has displayed signs of a revival with its 1Q19 performance, with net new money inflows surging from a trickle in 4Q18 as it witnessed improved client sentiment towards the end of the quarter. Making up the bulk of UBS GWM’s global NNM inflows of US$22 billion, APAC’s US$16.3 billion in NNM pushed invested…

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