UBS’ wide view leads to singular success

UBS Global Asset Management(UBS) has been rated the top six star manager in diversified funds byInvestorWebfor its Global Fund — a multi-sector product with active sector management.

InvestorWeb chief analyst Martin Kerr says UBS topped the diversified sector due to the quality of its underlying sectors, with a very strong listed property trust sector, highly experienced team of three, and a further nine analysts in its Australian shares division, headed by Paul Fiani.

Kerr adds that UBS has a sound investment philosophy for global equity and has done extremely well over the last year. As such, InvestorWeb rates the firm and its growth potential as an exceptional buy.

UBS offers two multi-sector products — Defensive Investment Fund with 30 per cent growth assets and Balanced Investment Fund with 65 per cent growth assets.

The manager’s asset allocation strategy is driven by its assessment of relative value between asset classes and the business/growth cycle and its implications for the relative performance of different asset classes.

UBS is rated highly across all asset classes, with an exceptional buy for Australian shares, international shares and fixed interest, and a strong buy for listed property trusts. Performance, particularly for the growth product, has been significantly stronger than its competitors, and achieved with low volatility.

The outcome is that UBS’ multi-sector products are highly recommended by InvestorWeb.

Looking at multi-sector products’ three-year performance, UBS has significantly outperformed the median manager in its growth multi-sector products, and with substantially lower volatility, as measured by the standard deviation. It is worth noting that outperformance has been particularly strong in falling markets.