UBS’s Rich Clients Worth $2.1 Trillion Warm to Emerging Markets

UBS Wealth Management says its clients, worth $2.1 trillion, are ready to increase their emerging-market holdings after last year’s rally. Michael Bolliger, the Zurich-based head of emerging-market asset allocation, predicts returns in the mid- to high single-digits for the asset class this year.  Clients are comfortable investing in developing nations…