House of the Year, Australia – UBS

(l to r) Alex Dignam, Josephine Napoli, Peter Kingston, Warick Leung, all of UBS

Fundamental changes in Australia's financial markets over the last year led to a switch in sentiment as investors began to look at taking more risk and shifting from credit to equity-linked products. In addition, despite the knock-on effects on Australia's commodity markets from China's economic slowdown, corporate hedging requirements remained substantial.

Due in no small part to the resources UBS could pull together both on the ground in Australia and across its global network, it was able to