UBP 2014 Results – net earnings by up nearly 9%, AUM almost CHF 100b

Against a backdrop of ever-changing regulations, UBP improved its profitability in 2014 thanks to sound cost management and growing revenues. Net inflows from clients totalled CHF 4.5 billion, a reflection of our ability to develop high-performing products and investment solutions that are greatly appreciated by our clientele”, says Guy de Picciotto, UBP’s CEO, adding that “the SNB’s recent decision to abandon the cap against the euro and reinforce its negative interest rates policy will have an adverse impact on our foreign currency income in 2015 and therefore compels us to look at our income forecast for 2015 and to factor in some adjustments”… UBP Press Release

 

Strong franc to affect Swiss banks’ profitability: Julius Baer CEO | Reuters

Strong franc to affect Swiss banks’ profitability: Julius Baer CEO | Reuters.

Distribution & Marketing of Funds in Switzerland – not long to go now!

Great article for those still grappling with this – includes Q&A and practical examples in an article published in The Hedgefund Journal and co-authored by Anne-Cathrine Frogg Spadola & Yves Hervieu-Causse, founding partners at Hugo Fund Services in Geneva… Download Article

 

Swiss pension funds struggle to adjust to low-interest-rate environment | IPE

Swiss pension funds struggle to adjust to low-interest-rate environment | News | IPE.

Stonehage and Fleming Family merge to form family office giant – Citywire

Stonehage and Fleming Family merge to form family office giant – Citywire.