Automated advisers have been touted as disruptors of wealth management in Asia, but some feel the banks are too powerful to dislodge. This is the first of a two-part series on robo-advisers.
The head of its Asian asset management arm, Rene Buehlmann, outlines his views on the key industry drivers and where his firm will be looking to make an impact in the future.
Product selectors flag areas for improvement in the industry, such as a lack of detail about fund performance drivers and churn of sales staff at both distributors and fund houses.
The wealth management unit is set to announce the promotion of Adrian Schatzmann to the role. He will relocate to Zurich, with UBS seeking a replacement in Asia.
The Indian regulator found excessive churning of funds managed by the bank in a complainant's portfolio, but said no further action would be taken as a settlement had been reached.
UK-based asset manager teams up with newly created Peak Capital to reach Asian investors.