The new displays demonstrate both the international breadth and exceptional quality of work in the Collection and are structured into three key thematic groups: Abstraction, Pop Art and International Photography. The artworks featured include some of the greatest masterpieces in the Collection to significant new acquisitions and cover a range of media, including painting, drawing, collage, photography and print. Recent acquisitions from Asia-Pacific include new Pop Art from Thukral and Tagra, photography from Chinese star Xu Zhen and an abstract work by South Korea's Lee Ufan.

Chi-Won Yoon, President Asia Pacific, UBS Group said: "UBS's support of contemporary art is an important part of our heritage and has remained in our DNA as our company and the UBS Art Collection have grown over the years. The Collection contributes to a rewarding experience for clients, employees and the public, and is a way for us to give back to the communities in which we do business. As UBS's business grows in Asia so too does the Collection."

The works installed in the reception on the 52nd floor reflect the global footprint of Abstraction. One of the largest-ever works by one of Latin America's greatest contemporary artists, Carlos Cruz-Diez, made for UBS in 1975, sits in conversation with one of the newest large-scale paintings in the Collection, by new-generation Chinese master, Liu Wei.

The Pop Art displays are anchored by heavyweight modern and contemporary artists including: Andy Warhol, Roy Lichtenstein, Robert Rauschenberg, Claes Oldenburg, Patrick Caulfield, the Luo Brothers and Ed Ruscha. These displays feature iconic works such as Andy Warhol's Soup Cans and Roy Lichtenstein's Crying Girl, and one of the first American Pop Art works ever made in China by Robert Rauschenberg. The displays demonstrate the global influence of Pop Art, a subject explored in the exhibition, The World Goes Pop, opening at Tate Modern in London later this week.

The International Photography displays illustrate the strength of this growing medium within the Collection. The displays feature work by Andreas Gursky from the early 90s, through to key taste makers Massimo Vitali, Yang Fudong, and Isaac Julien, new experimenters from Asia Pacific, the Raqs Media Collective, and one of the USA's newest stars in this area, Sarah VanDerBeek, whose first major career milestone was the acquisition of the work, Medusa, by UBS in 2007.

Stephen McCoubrey, co-curator of the UBS Art Collection said: "It is wonderful to finally have a group of works in Hong Kong that really shows the strengths of the UBS Art Collection, with some of the works that really define it as the best contemporary collection in the banking sector."

Artworks from the Collection have been shown in public exhibitions in Asia and around the world, including at the Kaohsiung Museum of Fine Arts in Taiwan last year.

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