Helping you achieve your financial goals

“Delivering superior investment solutions and advice for your wealth remains our top priority.”

Dear Valued Client,

I am proud to share with you that Euromoney recently named UBS the ‘Best Global Wealth Manager 2013.’ UBS also reclaimed the top spot in Scorpio Partnership’s annual Global Private Banking Benchmark industry report, confirming that we are the largest wealth manager in the world, with a global network of resources at your disposal. I would like to thank you for your continued support.

Delivering on our client promise to provide superior investment solutions and advice for your wealth remains our top priority. Over the past three years, we have strengthened our investment capabilities to develop a fast and systematic process that results in a clear Investment House View, as our CEO Jürg Zeltner reaffirms in an interview within this issue.

New initiatives are frequently developed to support our wealth management advisors in providing you, our clients, with timely investment knowledge, such as the ‘UBS Impact’ platform, which delivers our own daily market analysis and investment ideas. Recognizing the importance of investment suitability, in October we will implement a more comprehensive portfolio assessment, the ‘UBS Portfolio Approach,’ ensuring that we offer the most suitable products according to your risk profile and individual investment goals.

We continue to be mindful of our obligations to the communities in which we operate and our ongoing commitment to being a responsible corporate citizen. I was delighted when the Asia Pacific chapter of the UBS Optimus Foundation launched in Hong Kong earlier this year, making our mark on the philanthropic landscape and improving the lives of children across the region.

In this issue, our Chief Investment Officer, Alex Friedman discusses the value of sustainable investing; balancing the need to generate financi al returns with creating social good. Elsewhere, our in-house experts from both our Wealth Management business and our Investment Bank provide insights on other pertinent topics, such as avoiding investment pitfalls in these volatile times, the current attractiveness of hedge funds versus bonds, and the new challenges and potential opportunities that lie ahead with the strengthening US economy.

I hope you find this edition of UBS Perspectives a useful, and together we look forward to helping you realize your financial goals.

Yours sincerely,

Kathryn Shih


CEO Wealth Management
Asia Pacific

We hope that you find UBS Perspectives useful reading. If you have feedback on any of the articles printed in this edition, or suggestions for future issues, please contact the Editor at Perspectives@ubs.com.