Latest media releases
This site lists the 20 latest media releases. Please go to the archive for previously published media releases.
Top philanthropists gather in Singapore to discuss family legacy and innovation in philanthropy in Asia
Singapore, 1 July 2015 - UBS today announced the launch of UBS Philanthropy Forum Asia in
Singapore. Held on July 2 & 3, the forum will be attended by a highly influential group of close to
200 participants and global speakers including eminent private philanthropists, social
entrepreneurs and top business families. Guest-of-Honor, Mr J Y Pillay, Chairman of the Council
of Presidential Advisers, is the keynote speaker at the Philanthropy Forum Asia gala dinner.
The desire to embrace philanthropy amongst the wealthy families has expanded beyond US and
Europe to Asia. As Asia emerges as the next center of billionaire wealth creation, the UBS
Philanthropy Forum Asia in Singapore seeks to examine how wealthy families have successfully
created a family legacy through innovative philanthropy practices.
Chi Woon Yoon, President Asia Pacific for UBS said, "UBS has been working with Asia's
wealthiest families for over 50 years. This year, we are delighted to host our flagship
Philanthropy Forum in Singapore, as the city-state celebrates 50 years of independence. With
embracing innovation as our theme, the 2015 Forum will provide a unique platform for the
region's top philanthropists to share best practices and groundbreaking ideas. This event forms
part of our UBS and Society initiative, which helps clients use their wealth for positive societal
According to the recent UBS and PwC 2015 report, the average age of Asian billionaires is 57, an
age when many begin to consider how to preserve and transfer their wealth. This wealth
demographic can trigger a wave of philanthropic giving.
"As Asian billionaire families grow in size and complexity, succession planning and the
engagement of the second generation are important in establishing a lasting family legacy.
Increasingly, philanthropy has been a social cohesive force to successfully transmit the family
values across the generations. At UBS, our dedicated philanthropy advisory team has advised
numerous clients in their philanthropic aspirations over the generations." Josef Stadler,
Head Global Ultra High Net Worth, UBS Wealth Management said.
Mario Marconi, Head of Philanthropy & Values-based Investing, UBS said: "The focus of giving for
today’s philanthropists varies widely, as do their motivations for giving. However what is
becoming more and more apparent is that they are looking for measurable results for their
To this end, UBS has a dedicated global team of philanthropy advisory experts who have been
collaborating with our clients on all aspects of philanthropy, strategic charitable giving as well as
investing with a social impact."
Later this year, UBS will also be launching a Singapore presence of our UBS Optimus
Foundation. The Optimus Foundation is UBS's professional grant-making foundation which
focuses on children education, healthcare and protection. The foundation is funded by
donations from UBS's clients and contributions from UBS.
UBS, the world’s leading wealth manager, has announced that it will sponsor the Shara Art Fair, the first commercial art fair of its kind in Jeddah, Saudi Arabia. Opening 1 July 2015, the new initiative builds on the efforts of the Saudi Art Council to encourage and foster a culture of art in the Kingdom and will feature leading contemporary and modern art galleries from across Saudi Arabia.
The UBS consumption indicator rose from 1.67 to 1.73 points in May. A greater number of new car registrations and improved retailer sentiment point to robust growth in private consumption.
UBS's largest outdoor advertisement lights up the Kowloon skyline
With the implementation of UBS Switzerland AG, UBS has taken another substantial step to improve the resolvability of the Group in response to regulatory requirements affecting the entire banking industry. UBS Switzerland AG is now operating as a fully-owned banking subsidiary of UBS AG with its own banking license. As part of the changes to UBS's legal structure, UBS AG's Retail & Corporate and Wealth Management businesses booked in Switzerland have been transferred to UBS Switzerland AG, effective June 14.
The list reflects the top 100 women Financial Advisors from brokerages and banks in the United States.
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