UBP reports positive net inflows following acquisitions

Ridhima Sharma
clock • 2 min read

Union Bancaire Privée announces a net profit of CHF 117.2m for the first half of 2019 and a 6% increase in assets under management. Assets under management rose from CHF 126.8 bn at the end of December 2018 to CHF 134.4 bn at the end of June 2019. That growth was driven by net inflows from private clients, along with the CHF 2.127 bn contributed by Banque Carnegie in Luxembourg, acquired at the start of the year. Good market conditions and solid asset management performance comfortably ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?