One of the first numbers investors look for in UBS earnings is ��net new fee-generating assets��, a measure of whether clients are pulling their cash or handing UBS more money to invest on their behalf. The good news is that the figure was positive in the second quarter, despite the market storm. The bad news is that, at just $400 million, it was far lower than the quarterly average of $18.6 billion since the start of 2020. UBS even lost $3.5 billion of assets in the Americas.
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