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US wealth managers catching up with UBS

This content was published on Jul 8, 2015 Credit Suisse, with $883 billion of assets under management (AuM), held on to fourth place in the league table despite seeing client money reduce by 0.5%. UBS by contrast grew assets by 3.5%, Scorpio said.  With the American economy recovering strongly last year, United States banks saw the greatest growth. Morgan Stanley ($2.025 trillion AuM)…