ubs-boss-discusses-asia

UBS boss discusses Asia

Global chairman and CEO of UBS Global Asset Management, John Fraser, discusses the firmÆs growth plans for Asia-Pacific, and how the asset manager has been turned around.

By Jame DiBiasio

June 28, 2006

UBS Global Asset Management manages SwF801 billion $643 billion of assets worldwide, of which 9% $57 billion is sourced from the Asia-Pacific region. The firm suffered reversals in the late 1990s, culminating in being cut by its affiliated wealth management arm. Since then it has reorganised and now counts on growth from Asia to lift it into asset managementÆs top tier.

John Fraser, a native Australian, is the firmÆs London-based global chairman and CEO, as well as a member of the UBS Group executive board. The groupÆs executive board and board of directors is convening this week in Hong Kong û the first time the boards have met in this city. Fraser and...

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