1. Newsroom
  2. UBP increases its assets under management by 11.5%
Menu
Press Releases 02.02.2016

UBP increases its assets under management by 11.5%

UBP increases its assets under management by 11.5%

Assets under management of Union Bancaire Privée, UBP SA (“UBP”) rose by 11.5% to CHF 110 billion as a result of inflows from institutional clients, and those coming from the Coutts EMEA (Europe, Middle East & Africa) acquisition.

The operating result (excluding restructuring costs and provisions) reached CHF 152 million (CHF163 million at the end of 2014); a slight decline in a period of particularly challenging circumstances, due mainly to negative interest rates and currency effects.

 

Taking into account the one-off costs related to the integration of Coutts EMEA,   and the settlement with US Department of Justice’s Swiss Bank Program (USD 188 million), net profit amounted to CHF 25.2 million.

Convertible Bonds

Convertible bonds add convexity to your portfolio

Find out why convexity works in the short-to-long term

Watch the videos

Most read

Press Releases 18.07.2019

First half-year results 2019

Union Bancaire Privée announces a net profit of CHF 117.2 million for the first half of 2019 and a 6% increase in assets under management.

Press Releases 03.06.2019

UBP broadens private equity offering in partnership with Rothschild & Co

Union Bancaire Privée, UBP SA (“UBP”) announced today a partnership with independent family group Rothschild & Co, which offers solutions in global advisory, wealth & asset management, and merchant banking.

Press Releases 31.07.2019

UBP improves its rating UN PRI

Union Bancaire Privée (UBP) has improved its scores in the UN PRI 2019 Assessment Report, performing in line with or above its peers in each module assessed and achieving the highest rating of A+ in the Strategy & Governance* class.

Further reading

Press Releases 14.10.2019

New technology-focused equity long/short strategy

Union Bancaire Privée, UBP SA (“UBP”) is launching a new strategy in partnership with New York-based alternative investment manager Shannon River Capital Management, LLC (“Shannon River”).

Press Releases 31.07.2019

UBP improves its rating UN PRI

Union Bancaire Privée (UBP) has improved its scores in the UN PRI 2019 Assessment Report, performing in line with or above its peers in each module assessed and achieving the highest rating of A+ in the Strategy & Governance* class.

Press Releases 25.07.2019

UBP launches its Multifunds Secular Trends strategy

Union Bancaire Privée (UBP) has announced today a new addition to its equity product range with the launch of a Multifunds Secular Trends strategy, an innovative investment solution that combines thematic investing with a long-term view.