1. Newsroom
  2. UBP: +11,5% per il patrimonio in gestione
Menu
Comunicati stampa 02.02.2016

UBP: +11,5% per il patrimonio in gestione

UBP: +11,5% per il patrimonio in gestione

Il patrimonio in gestione di Union Bancaire Privée, UBP SA è cresciuto dell’11,5% raggiungendo quota 110 miliardi di CHF, grazie agli apporti di capitale dei clienti istituzionali e dei clienti acquisiti da Coutts EMEA (Europa, Medio Oriente e Africa).

Il risultato operativo (al netto dei costi di ristrutturazione e degli accantonamenti) ha raggiunto 152 milioni di CHF (163 milioni di CHF a fine 2014), in lieve calo in un contesto reso particolarmente difficile dai tassi d’interesse negativi e dagli effetti valutari.

 

Dopo le spese eccezionali sostenute per l’integrazione di Coutts EMEA e per l’accordo raggiunto con il Dipartimento di giustizia degli Stati Uniti nell’ambito dello Swiss Bank Program (188 milioni di USD), l’utile netto si è attestato a 25,2 milioni di CHF.

Newsletter

Sign up to receive UBP’s latest news & investment insights directly in your inbox

Click and enter your email address to subscribe

Investimenti responsabili

Creare valore con investimenti responsabili

Maggiori informazioni sugli investimenti responsabili

Guardate il video

Le news più lette

Market insight 22.06.2018

Decreasing business sentiment in manufacturing reflects rising concerns on trade

US: Markit Manufacturing PMI (June): 54.6 vs 56.1 expected (prior: 56.4)

  • A sharp fall in new orders has driven the index lower than expected; as seen in the eurozone, this could reflect rising concerns from the trade policy and the risks of protectionism.

 

US: Markit Services PMI (June): 56.5 as expected (prior: 56.8)

  • Sentiment has eroded from past month, but was in line with expectations.

 

Eurozone: PMI Manufacturing (June): 55 as expected (prior: 55.5)

  • Flash estimate index has weakened further from the prior month; this fall probably reflects rising concerns over trade dispute and related lower prospects on exports.

 

Eurozone: PMI Services (June): 55 vs 53.8 expected (prior: 53.8)

  • Sentiment has rebounded in services from the prior month.
  • Combined services and manufacturing index has slightly rebounded from the prior month, offering hopes of a stabilization of the eurozone activity during Q2 if concerns on trade ease somewhat.

 

Poland: M3 (May): 1.3% m/m vs 0.7% expected (prior: 0.2%)

  • M3 was up by 6.6% y/y from 5.7% y/y the prior month.
Market insight 20.06.2018

Late cycle signals in US housing

US: Existing home sales (May): 5.43M vs 5.42M expected (prior: 5.45M revised from 5.46M)

  • Sales of single family houses have moderated over the past two months and inventories have increased; prices remain on a high pace (5.2% y/y median prices).
  • The various recently published indicators on housing were all mixed and, besides some volatility on a monthly basis, they point towards a late cycle in housing.

 

Sweden: Consumer confidence (June): 96.8 vs 100 expected (prior: 97.9 revised from 98.5)

  • A weakening sentiment on present and future economic situation mainly explains the lower trend seen on confidence over the past two months.

 

Sweden: Manufacturing confidence (June): 116.1 vs 116 expected (prior: 118.5 revised from 118.6)

  • After a rebound in April, sentiment is weakening again.

 

Germany: PPI (May): 0.5% m/m vs 0.4% expected (prior: 0.5%)

  • Energy and core prices have rebounded over the month.
  • Yearly trend was up from 1.9% y/y to 2.8% y/y (prices less energy up from 1.5% y/y to 1.8% y/y).

 

Russia: Retail sales (May): 2.4% y/y vs 2.3% expected (prior: 2.7% revised from 2.4%)

  • A rebound in sales in May; a stable trend in yearly figures.

 

Russia: Real wages (May): 7.3% y/y vs 7.5% expected (prior: 7.6% revised from 7.8%)

  • Real disposable income was weak, up only by 0.3% y/y.

 

Russia: Unemployment rate (May): 4.7% vs 4.9% expected (prior: 4.9%)

  • A declining trend from the 5.2% level in January.
Market insight 19.06.2018

US housing starts have reached a new high

US: Housing starts (May): 1350k vs 1311k expected (prior: 1286k revised from 1287k)

  • Building permits: 1301 k vs 1350 k expected (1364 k prior month).
  • A strong rebound in housing starts (concentrated in one region), but weak permits point towards some moderation in housing starts in the coming months.
  • Demand in housing remains strong but it could be limited by rising construction costs, higher mortgage rates and rising house prices.

 

Sweden: Unemployment rate (May): 6.1% vs 6.3% expected (prior: 6.3%)

  • Unemployed has decreased and rate is coming back to low levels.

 

Poland: Industrial production (May): 1.6% m/m vs 0% expected (prior: -6.8%)

  • All major sectors have rebounded except electricity and gas; manufacturing sector was up by 2.4% m/m.
  • The yearly trend has moderated from 9.3% y/y the prior month to 5.4% y/y.

 

Poland: PPI (May): 1.1%m/m vs 1% expected (prior: 0.3%)

  • Prices of mining were up by 2.1% m/m, up by 6.1% y/y.
  • Trend in prices has accelerated from 1% y/y to 2.8% y/y, mainly due to higher energy prices.

 

Russia: PPI (May): 3.9% m/m vs 1.3% expected (prior: 1.2%)

  • Rises in energy prices and changes in currency have fueled the rebound in PPIs.
  • Yearly trend was up by 12.5% y/y after 7.5% y/y prior month.

Altro da leggere

Market insight 22.06.2018

Decreasing business sentiment in manufacturing reflects rising concerns on trade

US: Markit Manufacturing PMI (June): 54.6 vs 56.1 expected (prior: 56.4)

  • A sharp fall in new orders has driven the index lower than expected; as seen in the eurozone, this could reflect rising concerns from the trade policy and the risks of protectionism.

 

US: Markit Services PMI (June): 56.5 as expected (prior: 56.8)

  • Sentiment has eroded from past month, but was in line with expectations.

 

Eurozone: PMI Manufacturing (June): 55 as expected (prior: 55.5)

  • Flash estimate index has weakened further from the prior month; this fall probably reflects rising concerns over trade dispute and related lower prospects on exports.

 

Eurozone: PMI Services (June): 55 vs 53.8 expected (prior: 53.8)

  • Sentiment has rebounded in services from the prior month.
  • Combined services and manufacturing index has slightly rebounded from the prior month, offering hopes of a stabilization of the eurozone activity during Q2 if concerns on trade ease somewhat.

 

Poland: M3 (May): 1.3% m/m vs 0.7% expected (prior: 0.2%)

  • M3 was up by 6.6% y/y from 5.7% y/y the prior month.
Market insight 20.06.2018

Late cycle signals in US housing

US: Existing home sales (May): 5.43M vs 5.42M expected (prior: 5.45M revised from 5.46M)

  • Sales of single family houses have moderated over the past two months and inventories have increased; prices remain on a high pace (5.2% y/y median prices).
  • The various recently published indicators on housing were all mixed and, besides some volatility on a monthly basis, they point towards a late cycle in housing.

 

Sweden: Consumer confidence (June): 96.8 vs 100 expected (prior: 97.9 revised from 98.5)

  • A weakening sentiment on present and future economic situation mainly explains the lower trend seen on confidence over the past two months.

 

Sweden: Manufacturing confidence (June): 116.1 vs 116 expected (prior: 118.5 revised from 118.6)

  • After a rebound in April, sentiment is weakening again.

 

Germany: PPI (May): 0.5% m/m vs 0.4% expected (prior: 0.5%)

  • Energy and core prices have rebounded over the month.
  • Yearly trend was up from 1.9% y/y to 2.8% y/y (prices less energy up from 1.5% y/y to 1.8% y/y).

 

Russia: Retail sales (May): 2.4% y/y vs 2.3% expected (prior: 2.7% revised from 2.4%)

  • A rebound in sales in May; a stable trend in yearly figures.

 

Russia: Real wages (May): 7.3% y/y vs 7.5% expected (prior: 7.6% revised from 7.8%)

  • Real disposable income was weak, up only by 0.3% y/y.

 

Russia: Unemployment rate (May): 4.7% vs 4.9% expected (prior: 4.9%)

  • A declining trend from the 5.2% level in January.
Market insight 19.06.2018

US housing starts have reached a new high

US: Housing starts (May): 1350k vs 1311k expected (prior: 1286k revised from 1287k)

  • Building permits: 1301 k vs 1350 k expected (1364 k prior month).
  • A strong rebound in housing starts (concentrated in one region), but weak permits point towards some moderation in housing starts in the coming months.
  • Demand in housing remains strong but it could be limited by rising construction costs, higher mortgage rates and rising house prices.

 

Sweden: Unemployment rate (May): 6.1% vs 6.3% expected (prior: 6.3%)

  • Unemployed has decreased and rate is coming back to low levels.

 

Poland: Industrial production (May): 1.6% m/m vs 0% expected (prior: -6.8%)

  • All major sectors have rebounded except electricity and gas; manufacturing sector was up by 2.4% m/m.
  • The yearly trend has moderated from 9.3% y/y the prior month to 5.4% y/y.

 

Poland: PPI (May): 1.1%m/m vs 1% expected (prior: 0.3%)

  • Prices of mining were up by 2.1% m/m, up by 6.1% y/y.
  • Trend in prices has accelerated from 1% y/y to 2.8% y/y, mainly due to higher energy prices.

 

Russia: PPI (May): 3.9% m/m vs 1.3% expected (prior: 1.2%)

  • Rises in energy prices and changes in currency have fueled the rebound in PPIs.
  • Yearly trend was up by 12.5% y/y after 7.5% y/y prior month.