On 26 June, the first edition of our Investment Insight Summit in Zurich addressed pressing topics within the asset management industry. In her keynote speech, Christel Rendu de Lint talked about global fixed income opportunities and strategies.
There are around 80 countries in which we can invest, so we may have to contend with up to 20 elections a year. This does not call for being either cautious or bullish, but for being politically aware and having a process for assessing political risk. In our case this means understanding the economic impact of different outcomes, working out which ones have been priced in, and monitoring opinion polls.
Tame market response to the summit is accurately priced, in our view, with still low expectations of a real breakthrough in the near term to trade the ‘peace dividend’ or ‘economic reconstruction’ themes.
Neue Zürcher Zeitung (NZZ) - Guy de Picciotto, CEO of Geneva-based bank UBP, believes the financial sector could be at the start of a new era, past problems have been solved, and banks now have the chance to draw on their traditional strengths.
UBP SA is launching a new equity arbitrage strategy on its alternative UCITS platform in partnership with London-based alternative investment manager Cheyne Capital Management (UK) LLP (“Cheyne Capital”). This is the fourth addition to UBP’s alternative UCITS platform, which now has close to CHF 700 million in assets under management.
Union Bancaire Privée, UBP SA (UBP) and Carnegie Investment Bank AB (publ) have announced today that they have entered into an agreement whereby Union Bancaire Privée (Europe) S.A. will acquire Banque Carnegie Luxembourg S.A. (BCL). The transaction is subject to the approval of the relevant regulatory bodies, and is expected to complete during the fourth quarter of 2018.
UBP is pleased to announce that it is teaming up with Alaya, with the aim of promoting greater staff community engagement. To learn more about this initiative, watch the interview with the co-founders of Alaya.