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Company: UBS

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New winners and losers could change capital allocation decisions

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Survey finds wealthy investors hold 25% of their holdings in cash

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The drop is described as a natural correction, given market conditions

Toronto Skyline at dusk, Ontario, Canada

UBS reports Toronto is the second most overvalued market in the world

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Family offices look to increase allocations to real estate, private equity in anticipation of a downturn

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130 banks have signed on to the Principles for Responsible Banking at the UN Climate Action Summit

Banking giant names new leaders for global wealth management and asset management operations

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Report recommends investors get exposure to countries at different demographic stages

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Survey finds 51% are optimistic about global economic prospects

A new advisory board will promote the financial confidence of women