Swiss wealth managers are undimmed in courting Asian private wealth opportunities, with the Geneva-based bank hiring three senior managers in Hong Kong.

Union Bancaire Privée has hired three seasoned managers to continue expanding its wealth management offering in Asia. Flora Kam, Ula Ju, and Mary Cheung all join in the Hong Kong office as senior relationship managers.

Both Kam and Cheug both join from similar roles at Credit Suisse in the region, and Ju is moving from managing the Greater China business for French wealth manager BNP Paribas. All three have deep credentials in the private client HNW and UHNW space, the group said.

The Swiss private bank has upped the number of RMs by over a third in the past two years as it ambitiously courts Asia's wealth sector. The firm said growth has mainly come through its family offices segment, including the FOSS Family Office Services it offers advising clients on setting up a single-family office or matching them with exiting MFOs that are the best fit for their wealth situation.

“I am extremely pleased with the recent high-profile hires to grow our UHNW client and family office segment in this vibrant region,” said Eric Morin CEO for UBP in Hong Kong. He said “to keep one step ahead of the markets, the focus has been on finding the right talent and strengthening the group’s investment platform."

Assets under management have grown by more than 50 per cent in the last three years in a drive to ramp up coverage in the region. In January, the family-owned bank reported a 10.6 per cent year-on-year rise in total assets under management for 2019.