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Leading bank UBS is accelerating its investment expansion in the private market and is getting the best name in this business on board with Partners Group. Deals should by no means be just for super wealthy clients.
UBS and Partners Group are partnering to expand private market investments. The large bank and the renowned asset manager announced on Friday that they are targeting a private market offering for all UBS clients in wealth management. The entry barrier for customers of these systems should be around 100,000 francs.
This is news: investments in the private market were once a niche for super-rich clients. However, this niche has seen huge cash inflows in recent years as investors drift away from established markets due to low interest rates and high volatility.
In contrast, investments in private markets are generally difficult to access and illiquid, which is why they have so far been mainly reserved for UHWN clients and institutional clients. The initiative will have an annual investment capacity of $ 1 billion to $ 3 billion over time.
Partners Group will also offer private equity deals for UBS clients. These are fund structures that contain between 30 and 60 private investments. For this fund, the entry barrier should be around 20,000 francs.
Will there be a change in European financial centers due to Corona and Brexit?
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Yes, London will lose its importance enormously.
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Yes, Frankfurt will emerge as the big winner.
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There is a division between different cities.
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Yes, Switzerland will become significantly more important.
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No, everything remains the same.
