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UBS GWM mandate assets jump 23% in Asia, SI mandate tops US$8bn globally

UBS Global Wealth Management has recorded a 23% year-on-year increase in mandate assets in Asia on the back of record net inflows this year. The intake includes significant flows into two of the bank’s flagship solutions — a sustainable investment (SI) cross-asset portfolio whose AUM now tops US$8 billion globally — and its Systematic Allocation Portfolio (SAP), which has US$35…

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