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UBS WM’s APAC business dominates NNM flows for 12 out of 14 consecutive quarters

UBS Wealth Management’s Asia Pacific business once again accounted for the lion’s share of the private bank’s net new money flows in 2016, according to the Swiss bank’s annual report published today. With CHF 20.8 billion (+7.6% YoY) in NNM for the year ending 2016, Asia was the standout region in what was an overall difficult year for the industry,…

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