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UBS lists extensive range of ETFs on the London Stock Exchange
London, 2 July 2012 – As one of the fastest growing providers of Exchanged Traded Funds (‘ETFs’) in Europe, UBS Global Asset Management has today listed a comprehensive product line of ETFs on the London Stock Exchange (‘LSE’). This is the largest one-time ETF listing in the history of the LSE. UK investors now have access to 66 ETF share classes from UBS, replicating 40 indices in equity, fixed income and alternatives.
Clemens Reuter, Head of UBS ETFs, said: “The London listing reinforces our commitment to the UK market and brings UBS’s wide range of ETFs to this important financial centre. The LSE is one of the largest and fastest-growing exchanges in Europe and we are delighted to list our ETFs here.
“With our ETF range we aim to add value for UK investors by providing tools and building blocks for effective portfolio management. Our ETFs are designed as asset management products, ranging from core holdings to ‘satellite’ strategies.”
UBS ETFs benefit from a wealth of passive portfolio management experience within UBS Global Asset Management, which has been managing physical ETFs since 2001 and passive investment strategies for more than 30 years. Furthermore, UBS offers a unique share class model with competitive pricing – ‘A’ shares for private clients and ‘I’ shares for institutional investors and high net worth individuals.
UBS offers both physical and swap-based ETFs allowing clients to choose the model with which they feel most comfortable and which best suits their investment needs. Its swap-based ETFs have a unique and transparent fee model based on the concept of ‘drag level’ – the total expense ratio plus transaction costs. UBS is the only ETF provider to disclose all of the transaction costs for its swap-based ETFs and to inform investors of their total costs over one year.
UBS ETFs benefit from on-exchange and off-exchange liquidity due to a multi-market maker approach. In the UK, UBS ETFs will continue to work with the renowned trading houses Commerzbank, Deutsche Bank, Jane Street Capital and UBS Investment Bank.
Pietro Poletto, Head of Exchange Traded Products at London Stock Exchange Group, said: “We are delighted to welcome UBS as a new issuer of ETFs on the London Stock Exchange. This is the largest listing of ETFs that London has seen in one day, and takes the total number of exchange traded products listed here to over 1,000. They will offer investors access to a huge range of underlyings, and they will trade in Europe’s most liquid ETF marketplace.”
In Europe UBS offers a wide range of physical and swap-based ETFs, replicating more than 70 indices with over 140 fund and currency share classes. In addition to the LSE, UBS ETFs are listed on Xetra, SIX Swiss Exchange, Borsa Italiana, Börse Stuttgart, and Nasdaq OMX. As at the end of May 2012 and in total, UBS has over GBP 7.1 billion in ETF assets under management, including GBP 3.4 billion of net inflows last year, and has an 11 year track record in managing ETFs.
UBS Exchange Traded Funds
UBS Exchange Traded Funds (UBS ETFs) have a long-term track record of providing index-based investment solutions to clients. 11 years ago, on 13 November 2001, UBS launched its first Exchange Traded Funds. It was the beginning of a success story and today UBS is one of the fastest growing ETF providers in Europe. As at 31 May 2012 UBS ETFs has GBP 7.1 billion invested with net new money of GBP 3.4 billion in 2011. In Europe, UBS offers a wide range of physical and swap-based ETFs, replicating more than 70 market indices with over 140 fund and currency share classes, covering equities, fixed income, commodities, real estate, precious metals and alternatives. UBS ETFs are managed by an experienced asset manager, UBS Global Asset Management, with a long-term commitment to passive management (managing passive assets for 30 years). UBS ETFs are listed on the London Stock Exchange, Xetra, SIX Swiss Exchange, Borsa Italiana, Börse Stuttgart and Nasdaq OMX. For more information on UBS ETFs, please visit: www.ubs.com/etf
UBS Global Asset Management
UBS Global Asset Management is a large-scale asset manager with well-diversified businesses across regions, capabilities and distribution channels. It offers investment capabilities and investment styles across all major traditional and alternative asset classes. These include equity, fixed income, currency, hedge fund, real estate, infrastructure and private equity investment capabilities that can also be combined into multi-asset strategies. The Fund Services unit provides professional services including legal fund set-up, accounting and reporting for traditional investment funds and alternative funds.
Invested assets totalled some CHF 559 billion (EUR 465 billion, GBP 387 billion, USD 620 billion) at 31 March 2012. The firm is a leading fund house in Europe, the largest mutual fund manager in Switzerland and one of the largest fund of hedge funds and real estate investment managers in the world.
With around 3,700 employees, located in 25 countries, we are a truly global firm. Our principal offices are in London, Chicago, Frankfurt, Hartford, Hong Kong, New York, Paris, Singapore, Sydney, Tokyo and Zurich.
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The UBS ETF Sicav is a recognised scheme under section 264 of the Financial Services and Markets Act 2000. It does seek UK Reporting Fund Status. The protections offered by the UK’s regulatory system, and compensation under the Financial Services Compensation Scheme, will not be available.
Issued by UBS Global Asset Management (UK) Limited a subsidiary of UBS AG. Registered in England and authorised and regulated by the Financial Services Authority.
 Source: Lipper/Swiss Fund Data Swiss Promoters Report (as at 31 March 2012
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