UBS AM adds new fund to its platform
UBS Asset Management has added new global equity fund, the UBS Emerging Markets Equity Fund, to its platform.
The fund, which would sit alongside UBS AM’s other equity offerings such as the UBS Clarion Infrastructure Securities Fund and the UBS Global High Conviction Fund, would aim to offer Australian investors access to sectors not well represented in the Australian market.
In its inaugural review, Zenith Partners Investments awarded the fund a ‘highly recommended’ rating and appreciated its investment team’s ability to “leverage the insights and research of the regionally located investment teams”.
According to head of UBS AM, Bryce Doherty, the fund was well received by the investment community and saw solid inflows.
“We are extremely excited to be bringing the best of our investment capabilities from across the globe to Australian investors. Zenith's strong endorsement highlights that our precision and depth of research over many years in this asset class is of very high quality," he said.
AUTHOR
Oksana Patron
Recommended for you
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it will be voting against a deal to convert a Platinum LIC into an ETF.
Evidentia Group has hired a head of quantitative investments who joins the investment firm and managed account provider from AMP.
Fidelity International has worked in tandem with Australian wealth manager Emanuel Whybourne & Loehr to launch an actively managed global equities strategy aimed at financial advisers.
