UBS rides wave of family office interest

UBS will announce today the establishment of a new Global Family Office business in Australia.

Investment bank UBS will announce today the establishment of a new Global Family Office business in Australia to service the needs of the nation's wealthiest and most powerful families and help them forge partnerships with similar businesses in Asia and other parts of the world.

The venture will bring together the investment banking and wealth management businesses of UBS in Australia to cater for the needs of the bank's existing family office clients and others among the top 50 family offices in Australia.

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