UBS whets investment appetite with new fund
The UBS Investment Bank in Australia has announced the launch of a new structured product designed to give investors access to popular offshore investment themes, such as the rapid rise in food prices.
By providing exposure to the UBS Bloomberg CMCI Food Excess Return Index, which comprises futures contracts for various food commodities including wheat, corn, soybeans, sugar, cocoa, coffee, orange juice, live cattle and lean hogs, the UBS Global Access Fund allows investors to diversify away from equities while taking advantage of this potentially higher growth opportunity.
According to UBS head of structured products Mark Small, simply buying shares in an agricultural company does not offer the same diversification benefits as buying a global index.
“Food investment is an area where structured products really come into their own, especially when you can gain exposure to a wide variety of food types across different geographic markets.”
The other international themes featured in the UBS Global Access Fund centre on emerging markets and Asia.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
