UBS Adds $16 Billion From Rich Clients as Assets Reach Record
(Bloomberg) — UBS Group AG’s wealthy clients additional $15.7 billion in new money , giving a boost to celebrity hire Iqbal Khan because he seeks to reinvigorate the crucial wealth management unit. The inflows lifted assets overseen for the affluent to a record $2.5 trillion, UBS said in a statement Tuesday. The asset management unit won 24.1 billion…
News story published on 2019-10-22T06:35:00.0000000Z
