UBP的翻译

At the beginning of 2011, after a mass of redemptions from clients, UBP had seen its hedge fund investments dwindle to just$ 14bn.

2011年初，在客户大量赎回之后，该行的对冲基金投资额缩水至仅140亿美元。

The move by UBP has the potential to reshape the US industry, where the oldest and largest funds typically do not use third-party administrators, a common practice in Europe.

瑞士联合私立银行的举动有可能改变美国对冲基金业的运作模式。那些历史最久、规模最大的美国基金通常没有任命第三方管理员，而这一模式在欧洲是一项惯例。

Ubp said it identified the "non-segregation of investment management, executing broker and custodian functions" as a risk.

ubp表示，它认识到“投资管理、履约经纪商和保管人职能没有分离”是一个风险。