American investors show interest in UBS to diversify investments amid volatile political landscape in the US, Reuters reports.

Subsidiary of UBS called Swiss Financial Advisers (SFA) is getting quite popular. It takes care about money of wealthy US clients that look for investments in Switzerland, which is traditionally considered to be the main destination for safe heaven investments.

Even though Americans invest at home quite a lot, they also want to diversify assets especially valuing more than $100 million.

For UBS, which is the biggest wealth manager in the world, clients from North America are part of growth plan.

Next three years bank wants to attract $70 billion of new money from ultra-rich people. Besides, UBS wants to persuade them to invest abroad.

As of the end of third quarter, division managing wealth above 100 million francs, had assets under management amounting to 643 billion francs.