About Union Bancaire Privée
Headquartered in Geneva, UBP was founded in 1969 by Edgar de Picciotto and is one of Switzerland’s most strongly-capitalised private banks which has always specialised in active asset management. UBP is distinguished by its entrepreneurial vision and independence, seeking out the financial world’s best talent with the aim of absolute performance. UBP offers an innovative product range for private and institutional clients, which brings together diverse investment vehicles from both the traditional and alternative fields. Wealth management is at the heart of the Bank’s activities, and it encompasses three areas: private banking, institutional asset management and fund management.
In terms of traditional asset management, UBP continues to expand its research and product range so as to best capture positive trends in 2009. It is concentrating not only on its absolute-return range, which brings together the whole spectrum of fixed-income products, but also on constructing its diversified, innovative and robust portfolios.
The alternative asset management world has entered into a phase of deep redefinition and UBP is taking an active part in the hedge fund industry’s overhaul. In the constant quest to defend its clients’ interests, UBP’s Asset Management arm decided only to favour investment funds that are regularly monitored by an independent auditor, regardless of their size, history, the managers’ amount of experience and the level of regulation in force.
As at the end of 2008, UBP employed some 1,300 people and was present in over twenty locations worldwide, with a total of CHF 100.7 billion in assets under management.
