In the Margins

UBS platform to cut 840 funds

March 14, 2018

By InvestmentNews

UBS Wealth Management plans to trim the number of mutual funds listed on the platform advisers use to select investments for clients. The move, described by UBS sources familiar with the strategy as a "rationalization," will remove 840 funds from the current list of 4,200. The 20% reduction, representing about 5% of assets under management on the platform, will unfold in three phases from April through July. Read the original story from InvestmentNews.

 

 

FPA Advertisment

Most Read

Top of the Agenda - Governance
Fund boards find diversity efforts pay off

Building and maintaining a diverse membership has become a top priority for many mutual fund boards in recent years, and new data shows this focus is ...