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ubs asset management faces upheaval as key figures are laid off

Sergio Ermotti has put Aleksandar Ivanovic in charge of UBS's asset management, but Ivanovic's leadership is under scrutiny following the controversial sale of the Kameha luxury hotel. His recent promotion of Petar Ilic, who has initiated significant layoffs, raises concerns about the future of key managers and potential outsourcing of operations to Poland and India.
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