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ubs partners with 360 one to enhance wealth management in india
UBS Group AG has entered an exclusive partnership with India's 360 One WAM Ltd, transferring its onshore wealth management business in India to the firm while acquiring a 4.95% stake valued at 21 billion rupees. This move aims to enhance UBS's presence in India's growing wealth market, despite facing stiff competition. The partnership is seen as a significant step for UBS in Asia, with potential for further developments in the future.
Goldman Sachs upgrades adaptive biotechnologies as institutional ownership increases
Goldman Sachs upgraded Adaptive Biotechnologies (MUN:1HM) from Neutral to Buy on March 21, 2025. Institutional ownership increased by 4.51% in the last quarter, with 394 funds reporting positions. Viking Global Investors remains the largest shareholder, while ARK Investment Management and Rubric Capital Management adjusted their holdings.