Korea Investment & Securities Forms Strategic Partnership with Swiss UBP to Strengthen Wealth Management Capabilities

Korea Investment & Securities announced on July 17 that it has discussed strategic collaboration measures with Union Bancaire Priv?e (UBP), a global asset management firm based in Switzerland, to strengthen its wealth management (WM) capabilities.

The discussions, held the previous day, were attended by key executives from UBP, including Nicolas Faller, Head of Global Asset Management, Stewart Edgar, Head of Asia Strategy, Weiping Na, Head of Asset Management Asia, and Francis Lee, Head of Asia. The executives visited Korea to exchange views on private banking, family office services, and the provision of global alternative investment products.

UBP is a private bank and global asset management company headquartered in Geneva, Switzerland. With a history of over 50 years, it provides specialized wealth management services for ultra-high-net-worth individuals (UHNW) and family offices in 23 countries worldwide. The firm is also recognized for its strength in managing and supplying alternative investment products.

Korea Investment & Securities plans to enhance its wealth management services by expanding exchanges related to private banker personnel and family office services through strategic collaboration with UBP, and by incorporating global service expertise. In particular, the company intends to provide global alternative investment products tailored to the needs of high-net-worth clients in a timely manner, aiming to elevate its private banking services to global standards.

Previously, Korea Investment & Securities has strengthened its domestic lineup of global financial products through strategic collaborations with leading global financial institutions such as Goldman Sachs, Carlyle Group, and Capital Group. A representative from Korea Investment & Securities stated, "With this collaboration with UBP, we expect to further solidify our global wealth management service system by reinforcing our family office division."

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