{ "docId": "019dd923-5e88-73ef-bd57-fcc3cf532e42", "docSlug": "72c67d77b7b29fa0", "documentTitle": "ubs best of switzerland conference presentation", "authorId": "UBS", "authorName": "UBS", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "equity_research", "sourceTypeLabel": "Equity research", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.707, "pageNumber": 42, "pageCount": 446, "prevPage": 41, "nextPage": 43, "slideType": "situation_overview", "function": "establish_context", "density": "overcrowded", "nDataPoints": 0, "notes": "Mentions 'UBS Wealth Way' framework (Liquidity, Longevity, Legacy).", "elementsJson": [ "paragraph" ], "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019dd923-5e88-73ef-bd57-fcc3cf532e42/42", "deckHref": "/decks/019dd923-5e88-73ef-bd57-fcc3cf532e42", "deckJsonHref": "/decks/019dd923-5e88-73ef-bd57-fcc3cf532e42.json", "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd57-fcc3cf532e42#slide-42", "components": [ { "bbox": null, "kind": "callout", "text": "We are responding to the evolving wealth landscape with a framework that addresses all aspects of our clients' financial lives, called UBS Wealth Way.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-41a8-71cc-b86c-ca06fc199976", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.42, "x": 0.51, "y": 0.31 }, "kind": "paragraph", "text": "As a result, investors searching for sustainable high returns for the longer term continue to diversify into illiquid alternatives (e.g., private equity, property, hedge funds and infrastructure) that can deliver compelling risk-adjusted returns. At the same time, investors continue to look for low-cost, efficient passive strategies across liquid equity markets. We believe the breadth of Asset Management's investment expertise enables us to find the right solutions for clients across asset classes and regions.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3373acb1-1994-4fd1-99b7-c3035499d744", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.42, "x": 0.51, "y": 0.12 }, "kind": "paragraph", "text": "Since the beginning of the COVID-19 pandemic, investors have faced a very different investment landscape when compared with the last decade, with higher rates of economic growth in developed markets and most notably higher inflation.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "40d26282-d19a-41ba-bfda-e9ad17399f06", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.42, "x": 0.51, "y": 0.19 }, "kind": "paragraph", "text": "Nevertheless, we expect changes in monetary policies of the central banks of Switzerland and Europe, which have kept interest rates at historically low levels, to be gradual. The US Federal Reserve has quickly adjusted to a higher-rate path, but the overall expected rates remain low in a historical context. Therefore, while this will create new opportunities for investors in the bond and equity markets, the overall low-yield environment will continue.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "809bbdf8-5111-41e4-a665-86a8b3a83541", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.42, "x": 0.07, "y": 0.25 }, "kind": "paragraph", "text": "We are responding to the evolving wealth landscape with a framework that addresses all aspects of our clients' financial lives, called UBS Wealth Way. It begins with discovery questions and a conversation with clients about what is most important to them. We help clients organize their financial life along three key strategies: Liquidity to help provide cash flow for short-term expenses; Longevity for long-term needs; and Legacy for needs that go beyond their own and help improve the lives of others, a key part of wealth transfer planning.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "972277fb-3c37-404c-861a-454c22ec47ae", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.42, "x": 0.07, "y": 0.09 }, "kind": "paragraph", "text": "As a group, next gens have a longer investment horizon, a greater appetite for risk and often a desire to use wealth to create a positive societal impact alongside investment returns. As shown in the Wealth-X report \"World Ultra Wealth Report 2021,\" the proportion of ultra-wealthy women has also been on a gradual upward trend in recent years, reflecting changing cultural attitudes and growth in female entrepreneurship, as well as wealth transfers between generations.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c488c896-73e9-4a20-ad0d-599f91d7a58c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.12, "x": 0.51, "y": 0.09 }, "kind": "title", "text": "Search for yield", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0d851a74-f980-42dc-8d1c-91769586b351", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.45, "x": 0.07, "y": 0.03 }, "kind": "title", "text": "Our strategy, business model and environment | Our environment", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b50eca5a-06c5-41a4-8000-2112cb543f0c", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "UBS Wealth Way", "slug": null, "matchId": "834cf4ea-3814-4e45-a984-a7c79e88f409", "evidence": "Mentions Liquidity, Longevity, Legacy strategies", "confidence": 0.8 } ], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }