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All eyes on Asia: How investors are future-proofing their portfolios
All eyes on Asia: How investors are future-proofing their portfolios

Business Times

time2 days ago

  • Business
  • Business Times

All eyes on Asia: How investors are future-proofing their portfolios

UBS SUCCESSFULLY launched its inaugural Asian Investment Conference Singapore Wealth Edition. More than 1,000 clients, entrepreneurs, family offices and policymakers convened to explore how wealth owners in Asia Pacific (APAC) and beyond are adapting their strategies to today's dynamic investment environment. Among the distinguished speakers were President Bill Clinton, 42nd President of the United States and Founder, Clinton Foundation, Gan Kim Yong, Singapore's Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore, and Ravi Menon, Singapore's Ambassador for Climate Action and Chairman, ImpactSG. Overall topics from the conference included how investors, companies and countries can navigate the current global conditions and market environment. As markets grapple with heightened volatility, the wealthy are taking a closer look at diversification strategies and increasing their exposure to Asia. (From left) Edmund Koh, Chairman UBS Asia Pacific, Gan Kim Yong, Singapore's Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore, Iqbal Khan, Co-President UBS Global Wealth Management and President UBS Asia Pacific, and Young Jin Yee, Co-Head UBS Global Wealth Management Asia Pacific and Country Head UBS Singapore at the inaugural UBS Asian Investment Conference Singapore Wealth Edition. Photo: UBS Said Iqbal Khan, Co-President UBS Global Wealth Management and President UBS Asia Pacific: 'Singapore stands at the crossroads of global finance – making it an ideal setting for meaningful dialogue and forward-looking perspectives.' Khan reaffirmed the importance of the region to UBS's global ambitions. 'APAC is crucial to our growth strategy, as reflected in our first quarter results where our APAC business surpassed US$900 billion (S$1.15 trillion) in assets under management. The results highlight our clients' trust in our advice and global capabilities to protect their wealth in today's macroeconomic environment.' Young Jin Yee, Co-Head UBS Global Wealth Management Asia Pacific and Country Head UBS Singapore highlighted the region's enduring appeal as a key investment destination, noting that family offices in South-east Asia allocate a fifth of their investments in APAC (excluding Greater China). 'Against a volatile macroeconomic environment, UBS is well-placed to grow, protect and preserve our clients' wealth for generations,' she said. Resilience in a shifting global order The day's opening keynote featured a dialogue between Young and DPM Gan, who outlined how Singapore is positioning itself for the future. DPM Gan noted that Singapore's resilience is underpinned by its ability to adapt quickly, invest in talent and remain open to global trade and ideas. This, he said, will be critical as the country works to retain its edge as a hub for finance, innovation and enterprise. Young Jin Yee, Co-Head UBS Global Wealth Management Asia Pacific and Country Head UBS Singapore (left), in dialogue with Gan Kim Yong, Singapore's Deputy Prime Minister and Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore. Photo: UBS Throughout the day, conference sessions explored how investors can navigate a landscape marked by inflationary pressure, changing interest rate expectations and a rapidly evolving technology sector. Speakers discussed the investment opportunities in Asia, the role of the US dollar in a multipolar world and the economic rebalancing underway in China. Amid these discussions, one recurring theme was how to stay invested while managing risk. UBS's Chief Investment Office advocates for a phased approach to investing as a way to manage market volatility. For clients who prefer a guided strategy to achieve this, discretionary mandates may be an option that allows professionals to manage portfolios based on clients' risk appetite and long-term objectives. To support this approach, the bank offers a range of solutions, one of them being UBS My Way, a digital-first mandate offering that enables clients to tailor their own portfolios with over 70 investment options, spanning active, passive, direct and thematic strategies. Business leaders, family offices and policymakers gathered at the inaugural UBS Asian Investment Conference Singapore Wealth Edition to explore wealth management strategies and navigate investment opportunities in today's dynamic Asia Pacific environment. Photo: UBS Investing with purpose The conference also explored how climate goals are influencing investment decisions. In a panel on the climate crisis, Menon and Desmond Kuek, Executive Director and CEO of Temasek Trust, discussed how investors can drive climate action amid economic and geopolitical uncertainty. The day concluded with a high-profile dialogue featuring President Bill Clinton, 42nd President of the United States and Founder, Clinton Foundation with Iqbal Khan, Co-President UBS Global Wealth Management and President UBS Asia Pacific. At the UBS Asian Investment Conference Singapore Wealth Edition, some of the internationally renowned speakers include: Howard Marks, Co-Chairman, Oaktree Capital Management John Reade, Senior Market Strategist, World Gold Council Tan Sri Andrew Sheng, Distinguished Fellow, Asia Global Institute, University of Hong Kong Tao Dong, External Senior Expert Thuy Vu Dropsey, Chief Corporate Development and Strategic Finance Officer, Vingroup Asia's wealth at an inflection point The recent release of the UBS Global Family Office Report 2025 provided deeper insight into how the region's most sophisticated investors are adjusting their wealth management strategies. For instance, family offices in South-east Asia are increasing allocations to private equity and private debt, while maintaining significant exposure to Asia Pacific (APAC) markets. Preferred asset classes include developed market equities and bonds, with nearly half of APAC family offices planning to increase exposure to both developed and emerging market equities. The report also found that succession planning is gaining traction. More than half of APAC family offices will involve the next generation in board roles, with many also preparing them for management responsibilities. Expand Learn more about UBS Manage. This material is for distribution only under such circumstances as may be permitted by applicable law. It has not been prepared with regards to the specific investment objectives, financial situation or particular needs of any specific person. It is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments or to participate in any particular trading or investment strategy. The contents of this material should not be construed as legal, tax, accounting, regulatory, or other specialist or technical advice or services or investment advice or a personal recommendation. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein except with respect to information concerning UBS Group AG, its subsidiaries and affiliates ('UBS'), nor is it intended to be a complete statement or summary of the matters referred to in this material. It should not be regarded by recipients as a substitute for the exercise of their own judgment. Any opinions expressed in this material are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or business divisions of UBS as a result of using different assumptions and criteria. UBS is under no obligation to update or keep current the information contained herein, and past performance is not necessarily indicative of future results. Not all products and services are available to citizens or residents of all countries. Neither UBS nor any of its directors, officers, employees or agents accept any liability for any loss or damage arising out of the use of all or any part of this material or reliance upon any information contained herein. Additional information may be made available upon request. Clients wishing to effect transactions should contact their local sales representative. UBS specifically prohibits the redistribution or reproduction of this material in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect. © UBS 2025. The key symbol and UBS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.

UBS's Wealthiest Clients Are Quietly Moving Billions -- Here's Where It's Going
UBS's Wealthiest Clients Are Quietly Moving Billions -- Here's Where It's Going

Yahoo

time28-05-2025

  • Business
  • Yahoo

UBS's Wealthiest Clients Are Quietly Moving Billions -- Here's Where It's Going

UBS's (NYSE:UBS) wealthiest clients are quietly steering their portfolios toward alternative investments a move that could reshape how high-net-worth capital flows in a jittery macro environment. According to Iqbal Khan, co-president of global wealth management and head of UBS Asia Pacific, there's a growing tilt toward assets like private equity, hedge funds, and real estate. Speaking at the UBS Asian Investment Conference in Hong Kong, Khan said the shift is still in its early innings, but momentum is building. We've definitely seen significant growth, he said, noting that alternatives still make up a small slice of most client portfolios meaning there could be plenty of room to run. Warning! GuruFocus has detected 2 Warning Sign with UBS. The backdrop? Volatility, geopolitical friction, and rate-cut guessing games. UBS's markets unit just booked a record quarter off that volatility. Meanwhile, clients are bracing for a possible stagflation setup and looking for stability outside traditional equities and bonds. Khan, who moved to Hong Kong in 2024 to take on the top Asia role, added that rate cuts could be coming, but the timeline remains fluid. For UBS, this moment isn't just about investment advice it's about playing offense as rivals like HSBC and DBS step up in Asia. UBS remains the region's dominant wealth player, backed by over 900 advisers. Behind the scenes, the firm is still digesting its 2023 Credit Suisse takeover and slashing deep to make it work. UBS has already axed 10,000+ jobs and locked in $7.5 billion in cost savings on the way to its $13 billion goal. But it's also facing a tense debate with Swiss regulators over how much capital it should hold to brace for the next crisis. All of this could come to a head sooner than expected. CEO Sergio Ermotti is expected to step down by early 2027, and both Khan and U.S. private banking chief Rob Karofsky are seen as top contenders to take the reins. This article first appeared on GuruFocus.

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