UBS Global Wealth Management (GWM) in 2020 grew its APAC client assets to US$560 billion, a YoY increase of 24%. The Swiss giant’s APAC wealth management business saw net new money inflows of US$13.2 billion in 4Q20, partly driven by one large single inflow of US$4 billion. APAC alone took up nearly two thirds of the total of US$21 billion…

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