UBS sees rising demand for alternative assets


UBS Group regional president Iqbal Khan. — Bloomberg

Hong Kong: Wealthy customers of UBS Group AG are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade, according to the firm’s Asia Pacific chief. 

“We see continued demand” for alternatives, Iqbal Khan, the bank’s regional president, said in an interview with Bloomberg TV in Hong Kong at the UBS Asian Investment Conference yesterday. 

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