Latest news with #AmyLo
South China Morning Post
5 days ago
- Business
- South China Morning Post
Olympic great Simone Biles enjoys Hong Kong visit, shares snaps on Instagram
Olympic hero Simone Biles showed she was enjoying her visit to Hong Kong, as she uploaded pictures of herself in the city on her Instagram page. The seven-time Olympic gold medallist was in the city to take part in a UBS Asian Investment Conference, where she addressed 600 young athletes as well as fans from the local gymnastics clubs. Biles uploaded a picture of herself standing next to a sign that simply read 'Hong Kong', followed by two images of her at restaurants and another at Temple Street Night Market. Fans flooded the comments on her post with locals thrilled to see their idol in the city and many writing 'Welcome to Hong Kong'. The 28-year-old was speaking alongside UBS Global Wealth Management Asia chair Amy Lo, who had said she was 'thrilled' to welcome Biles for the conference, which ran from May 27 to 30. Biles, who received worldwide acclaim after withdrawing from the team event at the 2020 Olympics to focus on her mental health, discussed the topic of resilience.
Yahoo
29-05-2025
- Business
- Yahoo
UBS' Lo on APAC Family Offices, Markets
Amy Lo, Co-Head of Global Wealth Management APAC, discusses the outlook for family offices and latest market sentiment. She speaks with David Ingles from the sidelines of the "UBS Asian Investment Conference" in Hong Kong. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
29-05-2025
- Business
- Bloomberg
UBS' Lo on APAC Family Offices, Markets
The China Show Amy Lo, Co-Head of Global Wealth Management APAC, discusses the outlook for family offices and latest market sentiment. She speaks with David Ingles from the sidelines of the 'UBS Asian Investment Conference' in Hong Kong. (Source: Bloomberg)
Yahoo
16-05-2025
- Business
- Yahoo
Trillion-dollar asset manager sees new trend among richest family offices
The recent turmoil in the markets has shaken the confidence of investors across the globe, and a large number of them are now rethinking their investment strategies in the wake of the tariff war. The phenomenon is quite evident in Asia where ultra-rich clients are exploring alternative investment options such as cryptocurrency and gold. This is exactly what Amy Lo, co-head of wealth management for Asia at the UBS Group, emphasized at a recent event. UBS Group is a Swiss multinational investment bank and financial services company. It is the world's largest private bank, which counts several billionaires among its clients. Lo said that high-net-worth investors in Asia are retreating from assets tied to the U.S. dollar and allocating funds into crypto, gold, and Chinese assets. A lot of traditional family offices are now looking at allocating 5% of their funds into crypto. Therefore, traditional banks like UBS need to ensure that they are ready to "take on this opportunity," Lo underlined. Lo also highlighted the popularity of gold as investors treat it as a safe haven asset. Besides, its price has touched record highs this year. The Asia head added that the way the U.S.-China tariff war sent shockwaves into the markets, investors are mulling diversifying their investment portfolios outside their traditionally U.S.-centered asset allocations. "Volatility will definitely continue." Lo warned. Note that President Donald Trump hiked tariffs on all countries on Apr. 2 before announcing a 90-day freeze for all except China on Apr. 9. The two countries recently reached a temporary deal as both lowered tariffs on imports from each other. Lo was speaking at the Bloomberg New Voices event in Hong Kong when she made the above observations. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
13-05-2025
- Business
- Bloomberg
UBS: Investors Looking To Diversify Out of Dollar
Amy Lo, Chairman of UBS Global Wealth Management Asia, says the bank's wealthy clients are trying to diversify their dollar holdings into other currencies and asset classes such as crypto and gold. Speaking to Yvonne Man during a fireside chat at Bloomberg's New Voices Hong Kong 2025 launch event, Lo discussed how they're navigating market volatility amid the trade tensions. (Source: Bloomberg)
