Union Bancaire Privée, UBP SA (UBP) has agreed to acquire ACPI Investments Limited (ACPI), an independent London-based investment management company, and the activities of ACPI IM Limited in Jersey. The transaction is subject to the approval of the relevant regulatory bodies, and is expected to complete during the fourth quarter of 2018. Founded in London […]
If it ratifies the Algiers agreement at its November meeting, OPEC will have to cut its output by some 800,000 barrels per day starting in December. This would keep the cartel’s production one million barrels a day (MMbbl/d) above its 2015 average, but below the current demand growth rate (1.4 MMbbl/d). What is behind this decision? What are […]
The asset management division of Swiss group Union Bancaire Privée (UBP) has entered into a strategic agreement with Chilean boutique LarrainVial Asset Management. According to the terms of the deal, UBP’s asset management team will be sub‐advising on a European equity mutual fund registered in Chile and managed by LarrainVial AM. At the same time, LarrainVial AM’s expertise on […]
Union Bancaire Privée SA (UBP) has announced the launch of UBAM Convertibles 10-40 Opportunités, offering a global scope with a focus on European bonds. The fund aims to combine a defensive strategy with low volatility, with an equity sensistivity ranging from 10% to 40%, up to 25% of the portfolio can be invested in non-European […]
Union Bancaire Privée has announced the appointment of Karine Jesiolowski as senior investment specialist to its emerging market bond team. Reporting to Denis Girault, Jesiolowski will join a seven-strong team. She joins UBP from BNP Paribas Fortis/Fortis Investments – Asset Management, where she has worked as an analyst. Prior to that she spent seven years […]
The eurozone has not just faced one ‘Black Swan’ recently, as eurozone countries face bankruptcy, says Alan Mudie, chief investment officer at Swiss bank UBP.