News

Global markets remained broadly stable despite ongoing sector rotation and mixed macroeconomic signals.

Despite rising geopolitical tensions, the underlying macroeconomic backdrop remains supportive of risky assets, with US technology, high-yield bonds, and gold continuing to anchor our allocations.

Hedge Fund Quarterly Review | February 2026

Quel avenir pour le secteur suisse de l’asset management ? Nicolas Faller, Co-CEO Asset Management de l’UBP, souligne l'importance de la spécialisation, des acquisitions stratégiques, et de l'adoption de l'IA pour garder une longueur d’avance sur un marché particulièrement concurrentiel.

Global equities navigated a volatile week with limited damage. Although investors appear to be recalibrating risk exposures, the earnings season continues to underscore that EPS growth remains firmly driven by the technology sector.

Union Bancaire Privée, UBP SA (“UBP”), one of the world’s largest family-owned private banks headquartered in Geneva, Switzerland, announces the appointment of Fahd Iqbal as Head of Investment Services, Dubai, alongside the appointments of Joy Chammas and Mohammed Zaheer as Market Heads, Middle East, with immediate effect.

Twelve Securis is pleased to announce the continuation and further strengthening of its cooperation with Union Bancaire Privée (UBP) through the launch of a newly developed ILS fund.

The nomination of Kevin Warsh to serve as the next Chair of the Federal Reserve from May pushed the US dollar slightly higher, while gold and silver fell sharply in a deleveraging move that began in Asia.

As we head into 2026, emerging market (EM) bonds offer a solid opportunity, backed by improved fundamentals, positive technicals, and attractive all-in yields thanks to high baseline Treasury levels.

The mining rally in 2025 was led by precious and base metals, with gold miners up roughly 150% year-to-date, and prices for gold, silver, and copper all at record highs.

En 2026, une croissance sans surchauffe pourrait être propice aux stratégies obligataires centrées sur le portage (carry).

Global power demand is entering a new and sustained growth phase, marking a clear shift from the flat or declining trends seen in developed markets over much of the past two decades. This change is being driven by the need to upgrade infrastructure and by rising power demand not seen for years in developed economies.