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Bloomberg

UBS Sees 25 Asia Family Office Clients This Year

February 21, 2012, 3:37 AM EST

By Sanat Vallikappen

(Corrects to show target is for number of new clients in Asia for the division.)

Feb. 21 (Bloomberg) -- UBS AG’s Global Family Office division aims to begin serving 25 clients in Asia this year, with assets of at least $200 million each, Amy Lo, managing director and head of ultra-high net worth, Asia-Pacific, told journalists in Singapore today.

To contact the reporter on this story: Sanat Vallikappen in Singapore at vallikappen@bloomberg.net

To contact the editor responsible for this story: Nathaniel Espino at nespino@bloomberg.net

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