UBS GWM’s APAC business sees NNM inflows almost quadruple QoQ

25 October 2018 | 2 minutes read

UBS Global Wealth Management’s (GWM’s) Asia Pacific business posted a mixed 3Q18 performance, with NNM surging following low inflows in previous periods. Meanwhile, client activity was “notably lower”, contributing to a drop in pre-tax profits. As of 3Q18, UBS GWM in APAC saw a NNM uptick of CHF 8.4 billion — a significant QoQ increase from CHF 2.2 billion in 2Q18 — as well as…

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