Corporate News Expansion in Europe
Creating philanthropic foundations
Edinburgh
Brussels Hamburg Bielefeld Berlin Düsseldorf Frankfurt Offenbach Stuttgart Munich
London Lille Paris Nantes Strasbourg Bordeaux Lyon Marseilles Barcelona Madrid Seville Valencia
Vienna Brescia Milan Bologna Florence Rome Naples
Marbella
UBS aims to become the leading provider of wealth management services in Europe. As part of this strategy, new offices have been opened in Brescia (Italy), Brussels, Valencia, Lille and Strasbourg. In the five key European markets of Germany, France, the UK, Italy and Spain alone, UBS now boasts a network of more than 28 Private Banking branch offices. Further
locations in the pipeline for the coming year include Padua and Turin. Thanks to its local presence, UBS also is ideally placed when facing the challenge of a changing legal and regulatory framework within Europe. Clients have the opportunity to access the Bank’s range of services both in their home country and in Switzerland.
The UBS Family Business Group recently established a Philanthropic Initiative to assist clients in setting up and managing tailormade philanthropic and charitable foundations. Using a disciplined approach to family philanthropy, the group’s initiative combines the expertise of in-house professionals and external specialists to provide ’best in class’ skills and solutions in advising, establishing and managing a family foundation. First, it is important to work closely with families to identify causes that reflect their values and passions. Next, a suitable structure for the philanthropic or charitable foundation is determined and assets allocated to ensure the cash flow needed to support the sponsored project. The UBS team then provides an open platform where families meet social entrepreneurs. It is crucial that clients select a philanthropic cause that best matches their values and personal vision of the family legacy. Family philanthropy takes time, conviction and expertise if a unique vision of good will is to be created and maintained over generations. For more information on Family Philanthropy, please contact Jacob Bjorheim and Gabriele Roselius, UBS Family Business Group at sh-familybusiness@ubs.com
Country-specific fund information on the internet ’Fund Gate’, the internet-based fund information platform of UBS, has been given a new look. At the same time, the site map has been revamped thoroughly and a number of new functions added. ’Fund Gate’ offered up till now access to the latest product information on all UBS investment funds on sale in Switzerland. In addition to this service, the new, improved site provides specific fund information for the following countries: Austria, Finland, France, Germany, Iceland, Luxembourg, Portugal, Spain and Sweden. The user can set the fund category, place of domicile and currency to obtain a detailed overview of UBS investment funds for sale in the country in question. www.ubs.com/funds
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