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Best Wealth manager: UBS Wealth Management |
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Also shortlisted: BNP Paribas and Credit Suisse Private Bank |
It has once again been a challenging year for those managing assets for the world’s wealthy. Despite the recent back-up, fixed-income yields remain low. “You can’t think in terms of cash and bonds,” says Jürg Zeltner, CEO of UBS Wealth Management. “Cash is expensive, the risk-return profile in the bond markets is unattractive – especially in some European government bonds.”
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