Get your Year Ahead 2026 outlook from the team named the Best Chief Investment Office in Private Banking in the PWM/ The Banker Global Private Banking Awards 2025

A look inside this year’s report

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  • Spot the signals that matter
  • Position for opportunities
  • Build resilient portfolios

Global equity markets have pushed higher in recent years, powered by the momentum of artificial intelligence. 

As we enter 2026, the world stands at a crossroads.

Can momentum from AI and innovation help markets and economies achieve “escape velocity,” breaking free from the gravity of rising debt, political uncertainty, and lingering inflation? Or will these forces pull us back to earth?

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Dark red logo for the PWM / The Banker Global Private Banking Awards 2025, where UBS has won a prize for the Best Chief Investment Office in Private Banking.

Recognized for excellence

We’re proud to have been named the Best Chief Investment Office in Private Banking at this year's 2025 PWM/ The Banker Global Private Banking Awards, for third time since the category was introduced in 2021.