UBS Asset Management has kicked its Greater China business into a higher gear this year, according to Fu Teh-hsiu, regional director for the sub-region. The following is a brief outline of where the firm stands in Hong Kong, Taiwan and the Peoples Republic of China
Hong Kong
Until recently Hong Kong was an account management centre for institutional clients, but the actual investment practice occurred elsewhere. UBS Asset Management pitched itself as a price-value specialist in global securities. It has an existing investment management presence in Singapore, Japan and Australia, but the firm decided it could boost its Greater China institutional business by emphasizing its local fund management capabilities. Therefore, earlier this year...